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Technology Stocks : Nextwave Telecom Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (679)	2/14/2002 3:40:27 PM
From: Dennis Roth	Read Replies (2) \| Respond to of 1088

Long Version - NextWave Activates Wireless Network in 60 Markets -- Wireless Data Service Being Offered In Selected Market Trials library.northernlight.com Story Filed: Thursday, February 14, 2002 1:50 PM EST WASHINGTON, Feb 14, 2002 /PRNewswire via COMTEX/ -- NextWave Telecom Inc. today announced that it has activated its wireless network in 60 markets and is engaged in customer trials of its wireless data service in selected areas. Over the next few months, the Company expects to complete Phase I construction and activate its wireless network in the remaining 35 markets where it holds PCS licenses. "This is a significant step forward in the life of NextWave," said Allen Salmasi, NextWave's CEO and Chairman of the Board. "Deployment of an advanced IP-based wireless network has always been one of our primary goals, and deploying facilities and providing fully mobile wireless service to test customers represents an important milestone for the Company and its investors." The NextWave network, which has been deployed to utilize advanced CDMA packet technology, is interconnected to the public data network and will provide users with Internet access on a fully mobile basis. As part of its rollout, NextWave is now offering service to a community of beta-test customers equipped with palm-sized computers that can communicate utilizing the company's wireless network. Pursuant to an agreement between the Company and Lucent Technologies, engineers from both companies have been working together to design and deploy operational wireless facilities in 93 of the company's PCS markets, and to deploy a full-scale, third generation 1X-RTT CDMA wireless network in Detroit, Michigan, and Madison, Wisconsin. Following a beta testing period of the network and associated wireless devices, NextWave expects to begin offering full commercial service in selected markets later this year. "Deploying a wireless network covering a large portion of the country is a tremendous accomplishment for any company, but particularly for one in the process of completing its Chapter 11 reorganization," said Salmasi. Special credit should be given to the NextWave engineering team, and to our partners at Lucent for completing the initial network deployment ahead of schedule and under budget." NextWave is presently engaged in reorganizing its business affairs in a Chapter 11 proceeding pending before a U.S. Bankruptcy Court in the Southern District of New York. "NextWave has funding in hand to complete our Phase I deployment," said Frank Cassou, NextWave Executive Vice President and General Counsel. "Completion of our reorganization necessarily awaits resolution of pending litigation, but we hope for a rapid resolution of that litigation and anticipate emerging from bankruptcy as quickly as possible. This will clear the way for us to rapidly expand our initial systems and continue the commercialization of our markets." About NextWave: NextWave Telecom Inc. was formed in 1995 to provide high-speed wireless Internet access and voice communications services to consumer and business markets. For more information about NextWave, visit our Web site at nextwavetel.com . BTA # BTA Name State Block Call Sign 10 Allentown PA C KNLF674 20 Asheville NC C KNLF681 27 Austin TX C KNLF671 29 Baltimore MD C KNLF652 36 Bellingham WA C KNLF801 51 Boston MA C KNLF646 56 Brownsville TX C KNLF692 59 Bryan TX C KNLF698 74 Charlotte NC C KNLF656 81 Cincinnatti OH C KNLF654 84 Cleveland OH C KNLF649 93 Columbus, IN IN C KNLF699 95 Columbus,OH OH C KNLF660 106 Dayton OH C KNLF666 124 El Centro TX D KNLH230 128 El Paso TX C KNLF676 135 Evansville, IN IN C KNLF682 159 Gainesville FL C KNLF693 174 Greensboro NC C KNLF665 179 Hagerstown MD C KNLF689 189 Hickory NC C KNLF690 196 Houston TX C KNLF648 204 Indianapolis IN C KNLF662 212 Jacksonville FL C KNLF667 220 Joplin MO C KNLF696 226 Kansas City, MO MO C KNLF655 235 Lafayette IN C KNLF694 239 Lakeland FL C KNLF686 244 Las Cruces NM C KNLF697 252 Lexington KY C KNLF672 261 Longview WA C KNLF803 262 Los Angeles CA C KNLF645 263 Louisville KY C KNLF661 268 McAllen TX C KNLF685 274 Manchester NH C KNLF678 289 Melbourne FL C KNLF687 298 Minneapolis MN C KNLF804 318 New Haven CT C KNLF670 319 New London CT C KNLF688 324 Norfolk VA C KNLF657 329 Oklahoma City OK C KNLF663 331 Olympia WA C KNLF805 336 Orlando FL C KNLF664 350 Pittsburgh PA C KNLF650 357 Portland ME C KNLF683 358 Portland OR C KNLF812 361 Poughkeepsie NY C KNLF684 364 Providence RI C KNLF659 374 Richmond VA C KNLF668 376 Roanoke VA C KNLF677 401 San Antonio TX C KNLF658 402 San Diego CA C KNLF651 408 Sarasota FL C KNLF680 412 Scranton PA C KNLF675 413 Seattle WA C KNLF813 428 Springfield, MO MO C KNLF679 440 Tampa FL C KNLF653 441 Temple TX C KNLF691 461 Washington DC C KNLF647 480 Worcester MA C KNLF673 MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE NextWave Telecom Inc. CONTACT: Michael Wack of NextWave Telecom Inc., +1-202-661-2083, mwack@nextwavetel.com; or George Evanko of Hill & Knowlton, +1-202-994-3364, gevanko@hillandknowlton.com, for NextWave Telecom Inc. URL: nextwavetel.com

To: Dennis Roth who wrote (679)	2/14/2002 3:44:59 PM
From: pcstel	Read Replies (2) \| Respond to of 1088

Dennis: Looks like they built out. Some had doubts. DPR Depends if you call Protection Builds with a couple of Base Stations per market tuned all the way out in order to cover the 30% minimum coverage requirements based on 1990 Census models! Good Luck launching anything usable on those systems. That about 180 Base Stations for 60 markets! LOL!! Leap has almost that many in Pittsburgh alone...LOL!! That's OK.. You have fallen for their story line so far. No matter how far from the truth it really was. Kool-Aid stand is around the corner.. Drink UP. PCSTEL