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 : Qualcomm Moderated Thread - please read rules before posting
QCOM 177.78-2.2%Jan 9 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ramsey Su who started this subject6/22/2001 11:20:17 AM
From: foundation  Read Replies (4) of 197153
 
Regarding Nextwave - Dow Jones reporting that a court has ruled the FCC erred in canceling spectrum licenses for Nextwave - Today's court ruling appears to put the re-auction of the licenses in doubt
----------

10:48 ET Nextel Comms (NXTL) 16.45 +0.19: -- Update -- (a company that went bankrupt a few years ago). Nextel bid for Nextwave back in 1999 in an attempt to acquire its licenses and has been eager to bid on the licenses when and if the FCC re-auctions them. Today's court ruling appears to put the re-auction of the licenses in doubt, though the market might perceive this as positive for NXTL given the perception that firms have overpaid for licenses in recent years.

11:18 ET NextWave Ruling : Merrill Lynch comments on NextWave court ruling: says that the NextWave licenses which the FCC reclaimed were a large portion of a Jan 2001 re-auction at which the top three bidders were Verizon Wireless (VZ), AT&T Wireless (T), and Cingular. Merrill says that the FCC could appeal the ruling, could settle reach a settlement in which it compensates NextWave, or could grant NextWave the licenses. Merrill believes that the decision will mean more delays for carriers hungry for more frequency.

briefing.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News