Monday, June 7, 2004

NextWave Announces Auction of Six PCS Licenses

NextWave has asked the bankruptcy court overseeing its reorganization for permission to auction the company's FCC license rights to six 10 MHz personal communications services licenses in the following markets: New York (NY) (C-3 block); Denver (CO), Portland (OR), Sarasota (FL), Tampa (FL), and Tulsa (OK). Subject to bankruptcy court approval, the auction is scheduled to take place on 08-July-2004.



Following the auction, NextWave's 65 million POP wireless footprint will be the sixth largest in the U.S. Concentrated primarily in the northeast, the footprint will include six of the top ten markets in the country: New York, Boston, Philadelphia, Washington-Baltimore, Detroit, and Los Angeles. http://www.nextwavetel.com/