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Technology Stocks : The *NEW* Frank Coluccio Technology Forum
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To: Frank A. Coluccio who wrote (24606)12/20/2007 4:34:31 PM
From: ftth  Read Replies (2) of 46821
 
Larger companies generally create separate bidding entities ("bidco") as LLCs or whatever their lawyers advise, for these auctions. What the article labels as a startup called Frontier is actually Echostar's "bidco" from what I understand.

Also interesting, after Aloha's multi-billion dollar windfall of selling their 700MHz licenses to AT&T, I am told the one labeled "Bluewater" is Aloha's bidco. They just can't get enough profit from this 700MHz spectrum I guess, and need to parlay it for more ;o).

Qualcomm was no surprise really.
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