Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (38320)	8/20/1999 4:03:00 AM
From: Quincy	Respond to of 152472

I don't see how Nextel's attempts to disrupt the NY court proceedings (uninvited) is different. Since Pocket Communications has already received preferential treatment, can you honestly blame NextWave for asking for the same deal? The legislative bodies responsible for the C-block rules intended to promote competition by giving small businesses a chance at having the same resources as the incumbents. C-block is designed to foster competition and drive down the monthly service charges to the masses. Since the U.S.Govt. can blow 2 billion dollars in a fraction of a second, I am not going to loose sleep over NextWave's pricetag if it provides me with lower wireless rates. If I remember correctly, Nextwave had every intention of paying 4 billion dollars for that spectrum. What did the FCC do to Nextwave that put them into this position? Ultimately, I cannot imagine why legislators or the other incumbents would allow the FCC to grant Nextel (if there is any part of the C-block rules they DO qualify for, please let me know) a bargain-rate spectrum monopoly for the continental US.