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.
Verizon's 1900 MHz Spectrum In NYC Now Entirely LTE
Verizon Wireless has completed refarming its 1900 MHz spectrum in the country's largest city, an effort first begun in 2014. The company recently converted the last remaining 10 MHz block from CDMA 3G to LTE 4G, which means Verizon is running LTE on 20 MHz of its Band 2 spectrum in New York City.
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.
AT&T Ditching its Band 71 Licenses
AT&T is selling $1 billion worth of recently-acquired radio spectrum licenses to an obscure Virginia company, according to documents filed recently with the FCC. The spectrum in question is all (or nearly all) of the 600 MHz (band 71) licenses that AT&T acquired in an FCC auction just one year ago.
Are they waiting for another disaster to occur?
Verizon Wireless and the CTIA are simply trying to make sure th...
The Plot Thickens.