FCC Approves Nextel Spectrum Plan
Jul 8, 2004, 11:42 AM by (staff)
The FCC today issued its decision on how to resolve interference issues between Nextel and public safety radio systems in the 800 MHz band. Nextel will receive nationwide spectrum in the 1900 MHz band that the FCC has valued at $4.8 billion. In exchange, Nextel will relinquish its current 800 MHz spectrum, worth $1.6 billion, and pay an estimated $2.5 billion to public safety organizations to cover the costs of a spectrum re-organization. Nextel will be forced to pay the public safety relocation costs even if they are higher. If Nextel's total costs (including credit for its own relocation) are lower than $4.8 billion, Nextel will pay the government the difference. Verizon Wireless previously announced its intention to challenge such a deal in court.
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Comments
| Subject | Author | Date |
| When? | viper |
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| The money is nice, but... | coldsteel |
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| Nextel towers | dcantin56 |
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| Qchat. | muchdrama |
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| What happens to current Nextel users? | rhinoliver |
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