SI
SI
discoversearch

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 : Netro Corp - (NTRO) -- Ignore unavailable to you. Want to Upgrade?


To: Secret_Agent_Man who wrote (689)5/10/2000 5:46:00 AM
From: Mark Oliver  Respond to of 792
 
This should be good news for Winstar and it's equipment providers. Too bad I get the impression Winstar is not a Netro customer. Mark

FCC Closes Spectrum License Auction
By Patricia Fusco

internetnews.com

The Federal Communications Commission's spectrum license auction ended late Monday, raising total net revenues of more than $410 million.

The auctioned licenses can be used by companies to provide a variety of fixed wireless services including local, long distance, high speed data and Internet access information services.

William Kennard, FCC chairman said companies that won the bids would help create competition in the wireless market segment.

"This auction has inserted 2,173 new fixed wireless licenses into the marketplace," Kennard said. "Winning bidders have the potential to create robust competition to the local telephone companies and other local service providers. This should result in lower prices and more choices for consumers."

The auction began on April 12 and ended after 73 rounds of bidding. Of the 29 winning bidders 18 claimed small business status. A total of 2,450 licenses were auctioned. Unsold licenses will be part of a future auction.

Thomas Sugrue, FCC Wireless Telecommunications Bureau chief, said small businesses won bids on almost 40 percent of the total licenses won.

"These licenses will provide winning bidders with the opportunity to use the latest technologies to meet consumers communications needs," Sugrue said. "The auction also created significant opportunities for small businesses, which acquired 849 licenses in 171 markets for various exciting new wireless services."

Winstar Communications Inc. Tuesday announced that it was one of the top bidders in the FCC auction.

As a result of its winning bid, Winstar was able to enhance its spectrum portfolio in each of the top 60 U.S. markets, adding a total of 109 new channels in these markets and raising its average spectrum holdings from approximately 800 MHz to over 1000 MHz in each market.

Winstar's bids totaled approximately $161 million for 931 licenses, enabling the company to cover an additional 679 million channel pops. The transaction brings Winstar's total number of U.S. channel pops to approximately 2.1 billion.

Because Winstar bid specifically for spectrum licenses that complement its current footprint, the company was able to extend its target market coverage in a cost-effective manner. Winstar paid an average of $0.49 per channel pop for newly acquired spectrum in each of the top 60 markets.

William J. Rouhana, Jr., Winstar chairman and chief executive officer said the company is well positioned to construct its broadband network.

"Winstar was successful in bidding on licenses that round out our current spectrum holdings, giving us an unrivaled depth of coverage in the top 60 U.S. target markets," Rouhana said. "As the only broadband service provider with ubiquitous national spectrum coverage, Winstar is uniquely positioned to build the most widely available, end-to-end network and provide a full portfolio of broadband services to businesses."

The company anticipates that the FCC will issue the licenses in the next 4 months. Winstar is putting it expertise in network deployment to prepare for the availability of radio equipment in the 38 GHz band. Winstar anticipates that it will be able to use this spectrum immediately upon FCC approval.

Winstar's current portfolio of broadband services include high-speed Internet access and data transport, Web-based information, applications services, Web hosting and local and long distance services.

Based in New York City, Winstar operates in more than 70 markets throughout the U.S., Europe, Asia and South America. It is one of the largest license holders of broadband fixed wireless spectrum, with licenses in the top 60 U.S. markets and in more than 20 international markets.

The FCC auctioned licenses in 172 economic areas across the U.S. including areas in New York, Los Angeles, and Chicago. Licenses were also auctioned United States territories in Guam and the Northern Mariana Islands, Puerto Rico and the United States Virgin Islands, and American Samoa.

License winners must make down payments on licenses 10 business days after the release of the bidding notices and the close of the auction. Winning bidders must also file their long form applications with the FCC within the same period.



To: Secret_Agent_Man who wrote (689)6/7/2000 10:13:00 AM
From: Mark Oliver  Read Replies (1) | Respond to of 792
 
Oscar Gruss & Son analyst discusses Netro Corporation alliance with Nokia Jun 06, 2000

radiowallstreet.com

Regards, Mark



To: Secret_Agent_Man who wrote (689)6/9/2000 2:27:00 AM
From: Mark Oliver  Respond to of 792
 
Is this company in the customer list of Netro?? Regards,Mark

FirstMark Secures $1 Bln in Financing for Expansion (Update2)
By Jad Mouawad

London, June 8 (Bloomberg) -- FirstMark Communications Europe SA, a Luxembourg-based phone network company, said it secured more than $1 billion in financing to fund European investments in radio technology and high-speed Internet access.

The funding consists of $600 million in private equity financing -- the largest-ever in Europe's phone industry -- and 480 million euros ($460 million) in debt financing.

Closely held FirstMark will compete with phone companies such as Deutsche Telekom AG and Telefonica SA in providing fast Web services to homes and businesses. It will offer the services using radio technology that reaches customers without the need for the wires that now connect users to local networks.

The so-called fixed wireless technology covers distances of up to 5 kilometers and can be used where it is difficult or expensive to lay cable or optical fiber.

``It's not going to be a mass market product -- it's got its uses in that you don't have to dig up streets to lay cables,'' said Sean Johnstone, an analyst at SG Securities in London.

Johnstone said he expects the technology to be deployed in business parks and other places where companies want high-speed access with lower network costs.

FirstMark has already started building such networks in Germany, Spain and Portugal and has teamed up with Suez Lyonnaise des Eaux SA to bid for a license in France.

Several countries in Europe will be selling fixed wireless licenses. The U.K. is expected to sell them in autumn and companies such as Energis Plc, Britain's largest carrier of Internet traffic, have said they will bid for the permits.

The technology could be popular with companies that target small and medium businesses or households that want to access data, voice calls or movies online but aren't connected to high- speed lines and can't afford to build a link.

Radio technology is already in use in the U.S. and companies such as Teligent Inc., provide telephone and data services on wireless links. The technology is often used by smaller telecommunication companies to reduce their dependence on the large national operators.

Welsh, Carson, Anderson & Stowe led the investor group, which also included ABN Amro and Groupe Arnault. The senior debt financing was arranged and underwritten by Deutsche Bank AG.



To: Secret_Agent_Man who wrote (689)6/29/2000 9:45:00 AM
From: Mark Oliver  Read Replies (1) | Respond to of 792
 
Cisco Adds 4 Broadband Fixed Wireless Ecosys Partners

Dow Jones Online News, Wednesday, June 28, 2000 at 23:32

SAN JOSE -(Dow Jones)- Cisco Systems Inc. (CSCO) added four broadband fixed wireless Ecosystem partners - Bechtel, Fluor Corp. (FLR), Getronics N.V. (N.GET) and Netro Corp. (NTRO).

Bechtel, Fluor and Getronics will integrate Cisco's MMDS broadband fixed wireless and core infrastructure products to create "New World" wireless networks.

Netro's AirStar broadband wireless access system will be made available to qualified system integrator partners, Cisco said in a press release Wednesday.

Company Web site cisco.com

-Ralph Tasgal; Dow Jones Newswires; 201-938-5400

(This story was originally published by Dow Jones Newswires)

Copyright (c) 2000 Dow Jones & Company, Inc.

All Rights Reserved