From an ARTT release:
"Advanced Radio Telecom Corp.
Increases National Footprint
BELLEVUE, WASHINGTON (November 4, 1997)
Advanced Radio Telecom Corp. (ART) (NASDAQ: ARTT) today announced that it has entered into agreements to acquire 24 additional licenses in the 38 GHz band of radio spectrum and has received new grants of 7 other 38 GHz licenses directly from the Federal Communications Commission (FCC). This brings ART's total domestic licenses to 276, covering 206 markets and an estimated population of 175 million, including 49 of the top 50 markets, and 89 of the top 100 markets. ART also has nationwide licenses in the United Kingdom, Denmark, Norway, and Sweden, covering a combined population of approximately 77 million people."
If WinStar could buy them for anywhere near a couple hundred million, I'd think they'd be getting a heck of a bargain. Maybe better do it quick before the auction and everyone realizes the value of these licenses.
Also, in FCC terms, I believe that 39 GHz is the same as 38 GHz. Actually the frequency WinStar uses is usually referred to by the FCC as 37 to 41 GHz, or some such thing.
Bill, excellent article. Thanks for posting. |
