View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 4, 1996


By CBR Staff Writer

GO Communications Corp of Alexandria, Virginia, became the latest high-profile bidder to pull out of the US Federal Communications Commission auction of wireless-communication licenses (CI No 2,763) reserved for small business saying the bidding had reached exorbitant levels partly because of several bidders have questionable legal status. The high prices have forced several well-heeled bidders to bow out, including companies backed by wireless pioneer Craig McCaw and MCI Communications Corp. Go, which had bid as much as $1,100m, had complained to the Commission that rival bidder Nextwave Telecom Inc exceeded foreign ownership rules. Nextwave had bid a total of $3,600m as of the end of last week. As a result of Go’s withdrawal, Alltel Corp withdrew its investment in Go! Communications, which was subject to conditions such as Go’s securing C band licenses, the company said.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.