Involvement of Verizon Wireless in any future NextWave settlement...
Involvement of Verizon Wireless in any future NextWave settlement discussions would be key to PSC license talks’ moving ahead again, Leap Wireless Senior Vp Daniel Pegg said Fri. Verizon Wireless confirmed last week that until FCC returned its deposit…
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from Jan. 2001 re-auction, it wasn’t pursuing new negotiations on PCS licenses (CD Jan 11 p9). Asked about prospects for Congress taking on NextWave settlement on its own next year, Leap Govt. Affairs Dir. Douglas Byrns said: “Unless the coalition can somehow pull itself back together, I don’t see a lot of momentum right now.” Of possibility of settlement discussions’ beginning again with coalition of carriers, Pegg told us Fri. that “if the FCC doesn’t lead it, I don’t think there will be leadership to get it done.” Companies that won NextWave PCS licenses in 2001 asked FCC last week to refund nearly $3.1 billion in down payments that agency had been holding without interest since Feb. “From our perspective, as long as there’s a hope of resolving this,” Leap wouldn’t object to keeping some money on table to keep re-auction results intact, Pegg said. But current level of 15% is too high, with 3% minimum representing more reasonable commitment, he said. Leap has been among wireless carriers expressing interest in reinvigorating another round of settlement talks over NextWave licenses if coalition could be revamped.