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Technology Stocks : AWE - ATT Wireless
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To: LLCF who wrote (245)2/20/2001 1:16:52 AM
From: engineer  Read Replies (1) of 329
 
It appears that AWE kept $6B of the cash, while AT&T took $3B for itself. $6B was the amount they originally estimated the three way overhaul of their system was going to cost. but if the system is late, will the cost go up yearly? Most contracts I know about do, so what is 6% ontop of $6B? How about 2 years late? an extra $750M? But then how much interest charges do they carry on the spectrum licenses if they are 2 years late? An extra $1B on the total $16B paid? Where does all this cash come from?
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