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.
Comments
When?
I am sure verizon is crying right now. They've clearly and wisely been on a spectrum acquisition spree.
Can verizon force an appeal?
viper said:
Can verizon force an appeal?
They're sure as hell going to try. We'll see what the courts say...
viper said:
Can verizon force an appeal?
Not directly, it seems. There was prior speculation that Verizon would sue the FCC, but now it looks like they make not take that route, opting to lobby congress instead:
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Nextel towers
What happens to current Nextel users?
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