Tuesday, July 19, 2011

More 2.3 GHz, 2.5 GHz Spectrum to be Auctioned?

NextWave, which owns spectrum in the 2.3 GHz and 2.5 GHz bands, might be headed for bankruptcy again, which also means its spectrum might be up for sale. NextWave bought $4.7bn worth of spectrum in 1996, sold most of its spectrum assets to Verizon, but retained frequencies in 2.5GHz and 2.3GHz bands.

Clearwire has tried recently to sell spectrum in the 2.5 GHz block and failed to do so, so some will question current demand for assets in those frequencies. But we might get another chance to see whether there is interest in those bands.

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