CTIA Weighs In Against Nextel
Apr 30, 2004, 11:24 AM by (staff)
The CTIA trade association took the unusual step today of wading into a nasty fight between two of its members and voted to endorse a policy that is strongly opposed by Nextel. The policy is designed to solve interference issues between Nextel's network and public safety radio systems. The proposal backed by Verizon Wireless, and now the CTIA, would force Nextel to pony up $3 billion, and receive spectrum in the 2100 MHz band. Nextel's proposal has the company paying only $850 million, and receiving much more valuable spectrum in the 1900 MHz band.
T-Mobile Says It Will Start Using 600 MHz Spectrum This Year
"T-Mobile now has the largest swath of unused low-band spectrum in the country," said T-Mobile CEO John Legere about the company's 600 MHz auction winnings. The company successfully won an average of 31 MHz (ranging between 20 MHz and 50 MHz) of the 70 MHz low-band spectrum auctioned off by TV stations and the FCC.
Sprint Settles Lawsuit Over Nextel Merger for $131 Million
Sprint today settled a class-action lawsuit regarding its 2005 acquisition of Nextel for $131 million. Investors claim Sprint executives defrauded shareholders by inflating stock and bond prices after Sprint closed its acquisition of Nextel.
AT&T Finalizes Nextel Mexico Acquisition
AT&T today said it has completed its acquisition of Nextel Mexico. Nextel Mexico covers 76 million customers across the country.
FCC Relaxes Rules Governing 800 MHz Spectrum
The FCC this week made it easier for carriers to add LTE to their 800 MHz spectrum holdings. Rules concerning the 800 MHz band (CDMA Band Class 0, LTE Band 5) have been in place since 1981 and limit how much power carriers can use to transmit wireless signals across those airwaves.
AT&T Rebranding Mexico's Iusacell and Nextel to AT&T
AT&T has begun rebranding its Iusacell and Nextel properties in Mexico under the AT&T name. Moving forward, people who visit Iusacell and Nextel stores will be buying AT&T Unidos service plans (Unidos con Todo and Unidos a tu Manera, respectively).
Are they waiting for another disaster to occur?
Verizon Wireless and the CTIA are simply trying to make sure th...
The Plot Thickens.