SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NEXTEL

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Yogizuna who wrote (9699)11/9/2000 5:37:00 PM
From: Rono  Read Replies (2) of 10227
 
Thursday November 9, 4:12 pm Eastern Time

Press Release

SOURCE: Nextel Communications, Inc.

Nextel Gains Access to Additional 800 MHz Band
Spectrum

-- FCC Makes 5 MHz of Business/ILT Spectrum Available -- -- Contemplates Doing Same For
Nextel in the 900 MHz Band --

RESTON, Va., Nov. 9 /PRNewswire/ -- Nextel Communications, Inc. (Nasdaq: NXTL - news) today announced that it was
pleased with the Federal Communications Commission's (FCC) decision to increase available spectrum in the 800 MHz band
for commercial use by 5 MHz from 21.5 MHz to 26.5 MHz. Nextel officials were encouraged by the news that the FCC also
had issued a notice of proposed rule making which, if adopted, would offer Nextel access to an additional 5 MHz of spectrum
in the 900 MHz band.

``The FCC's order will increase our spectrum position and enable our ability to more rapidly introduce the enhanced services
our customers are demanding,'' said Tim Donahue, president and CEO of Nextel. ``I am also very pleased to see that the
Commission is being progressive in considering additional spectrum allocation moves to address the ever increasing demands
by the marketplace.''

Further, the FCC adopted a policy statement providing flexibility in spectrum leasing arrangements. Nextel said that the FCC
Chairman Kennard initiative in ``secondary markets'' will provide it opportunities for even more additional spectrum.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext