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Technology Stocks : Leap Wireless International (LWIN) -- Ignore unavailable to you. Want to Upgrade?


To: John Hayman who wrote (291)4/15/1999 7:50:00 PM
From: Sawtooth  Read Replies (1) | Respond to of 2737
 
John or Scott (or anyone):

<<Leap is awaiting a ruling from the Federal Communications Commission (FCC) on whether it qualifies as a designated entity, a status that would enable Leap to acquire licenses for PCS spectrum in the C and F blocks. The licenses can transfer to Leap only if it qualifies as a designated entity and obtains approval of its long form application with respect to the auction.>>

Does this mean that Leap will not get the POP's it successfully bid on if the FCC rules Leap does not qualify? Or does it apply to something else? TIA. ...Tim