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NextWave Settles Dispute With Feds

The government has settled its long airwaves battle with NextWave Telecom with a $16 billion deal that could improve service for mobile-phone customers in many U.S. cities. Under the agreement, NextWave would free its wireless airwaves for the nation's biggest mobile-phone carriers to fill coverage gaps in congested markets. The deal must still be endorsed by Congress, the Justice Department and a New York bankruptcy judge.

November 16, 2001 at 12:00 AM

1 minute read

By Jennifer Loven | Updated on November 16, 2001
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