[opendtv] Nextel may pay for broadcasters move to new airwaves

  • From: Monty Solomon <monty@xxxxxxxxxx>
  • To: opendtv@xxxxxxxxxxxxx
  • Date: Sat, 8 May 2004 13:10:05 -0400

     Nextel may pay for broadcasters move to new airwaves
     - May 3, 2004 08:19 PM (Reuters)

WASHINGTON, May 3 (Reuters) - Nextel Communications Inc.
(NASDAQ:NXTL) on Monday proposed paying about $512 million to move
the electronic news gathering operations of television
broadcasters from airwaves Nextel wants to use.


The proposal, part of a larger plan to resolve interference
with public safety communications, would free up airwaves
Nextel has been seeking access to from the Federal
Communications Commission.


Broadcast auxiliary services are used to send signals, like
video footage, between two points, like from a remote truck to
a studio. The services are used by local television stations
across the country.


The National Association of Broadcasters and the
Association for Maximum Service Television joined Nextel in
proposing the plan for moving their broadcast news gathering
operations from the 1.9 Ghz band to 2025-2110 Mhz band.

...

     - http://finance.lycos.com/home/news/story.asp?story=41244842
 
 
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