Nextwave Telecom Inc. Message Board

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Technology Stocks : Nextwave Telecom Inc.

WAVE 7.420

+0.1%

Nov 7 9:30 AM EST

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To: Dennis Roth who wrote (371)	6/23/2001 1:56:19 PM
From: gdichaz	Read Replies (1) of 1088

Dennis: Re: <<William Kennard, the former FCC chairman who ordered the licences seized, called on the two sides to settle the case, but lashed out at NextWave for pressing the case even after losing similar appeals in different courts: "By welching on its promise to pay the US overnment, Nextwave could walk away with billions.">> This statement is remarkable in many ways. That Kennard would make it at all is the first surprise. His treatment of NextWave in contrast with his treatment of Nextel, would seem to cause a raised eyebrow at a minimum. And now that he is on the Nextel board, the other eyebrow might be raised. All in all, it would seem that he would have been well advised to not continue making his "fairness" (or more properly, lack thereof) with regard to NextWave so obvious again with the choice of the descriptive term "welching" in his statement when the FCC seems to have failed to notify NextWave in a proper and timely manner of its taking their sprectrum from them even though NextWave appeared to be offering payment in full to the FCC during the backruptcy proceedings. But then, who knows what motivates people? Best. Chaz

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