CellularVision (CVUS): 2-way LMDS wireless cable. Message Board

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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.

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To: Steven Bowen who wrote (1093)	2/11/1998 11:31:00 AM
From: Steven Bowen	Read Replies (1) of 2063

OK, I screwed up this analysis a little bit (don't tell my wife): The number I've been using for the total up front payment for all the markets of $186,148,090 is the Block A auction only. The numbers would be OK if you want to assume that the Block A auction will bring in $4B, but would be a little lower if you want to include the Block B. The Block B upfront front payments are 10% of the Block A payments. The total payment for Block B is $19,434,564. New York screws these numbers up a little. The total population of the New York market is 18,050,615. CVUS' license covers 8,546,846. Therefore the Block A license that will be auctioned for NYC will cover 9,503,769. The Block B license will cover the entire 18M pops.

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