Nextwave Telecom

NPR's Jack Speer has a report on NextWave Telecom, which is in the midst of a court battle to win back its wireless service licenses from the government. NextWave declared bankruptcy in 1998 after bidding more for the licenses than it could afford; the FCC took back the licenses and re-sold them to other wireless companies. The resulting legal wrangle is holding up the introduction of new wireless services.

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