AT&T to buy NextWave

US operator AT&T has announced that it is to acquire NextWave Wireless, which holds spectrum licences in the US AWS and WCS bands. AT&T will pay $650m NextWave, $600m of which covers NextWave’s debt.

NextWave facing second bankruptcy

Troubled US wireless broadband player NextWave Wireless is seeking to stave off a second bankruptcy with a waiver that will now expire August 1. The firm had been under obligation to repay $129m in secured debt by June 30.

NextWave continues shopping spree

US wireless broadband player NextWave said late Friday that it is to become the major shareholder in Japanese wireless operator IP Mobile. Under the deal, NextWave will acquire 69.2 per cent of shares in the Japanese firm from Mori Trust for an undisclosed sum. It looks like NextWave, which is developing proprietary chipsets and related […]