Eldorado Communications filed emergency petition with FCC asking ...
Eldorado Communications filed emergency petition with FCC asking that it halt further participation in “nonpublic negotiations” on settlement agreement for NextWave licenses. Memphis-based Eldorado competed with NextWave in 1996 PCS auction, winning 3 licenses but dropping out of bidding…
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for others when prices got to be too high. Eldorado said it had to return C-block licenses it won to FCC “at substantial cost as the result of the disruptive bidding strategies and post- award defaults of NextWave.” If FCC continues to participate in settlement talks with NextWave and licenses winners in Jan. re-auction of C-block licenses, “the injury to Eldorado and others will be compounded,” petition said. Eldorado’s petition comes as govt., NextWave and wireless carriers are coming down to wire on $16 billion settlement agreement in which re-auction winners could reclaim licenses that U.S. Appeals Court, D.C., essentially returned to NextWave after overturning Jan. re-auction results. Eldorado asked that FCC halt all private negotiations and meeting with representatives of NextWave and others. It wants public to have immediate access to information on negotiations and to initiate open proceeding for “consideration of any disposition of NextWave licenses.”