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FCC SCRUTINIZES NEXTWAVE AND GWI

WASHINGTON-NextWave Personal Communications Inc. has responded to detailed questions put forth by the Federal Communications Commission Nov. 15 regarding that agency’s investigation of the C-block winner’s fitness to be a personal communications services licensee.

The commission also sent a letter of inquiry to GWI PCS Inc., reportedly seeking additional information regarding possible collusion during the C-block auction. Both companies currently have petitions to deny pending against them at the commission.

According to NextWave’s 30-page set of answers returned to the FCC Nov. 18, the commission asked 23 questions dealing in part with the company’s voting rights and agreements, hiring procedures and practices, loan repayments, financial liabilities, financial procurement, prior relationships between the company and its officials and lenders or investors, Qualcomm Inc.’s role in the company, minutes of board meetings, names and addresses of board members and the methodology used by NextWave to calculate its debt/equity ratio.

RCR will examine the commission’s questions and NextWave’s answers in its Dec. 2 issue.

NextWave, FCC and GWI officials were not available for comment.

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