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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (793)8/12/1999 12:34:00 PM
From: quidditch  Respond to of 13582
 
but why should Nextel be allowed to buy, if it indeed happens, spectrum that was originally reserved for small businesses?

Good question, and that is in part probably why Nextel's release referred to the DOJ and FCC approval. Of course, we don't know exactly what Nextel got out of DOJ and FCC, and how their "approval" may have been conditioned. But agree that this stinks, a bit. After all the hoops the FCC made LWIN and Q jump through to acquire its additional spectrum.

Also, remember that MOT is Nextel's principal (only?) equipment (and handset?) supplier. Interesting.

Regards. Steven



To: Ramsey Su who wrote (793)8/12/1999 1:20:00 PM
From: bananawind  Read Replies (4) | Respond to of 13582
 
Ramsey, why should Nextel be allowed to buy

I don't know the answer to that, but seem to recall an old Gregg Powers post wherein he explained how Nextel got preferential pricing for their current spectrum (pioneer's preference?) by promising to use new technology. They then somehow got away with installing their GSM/TDMA technology. [this is from memory, so I hope I got the right company]

Best regards,
Jim


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