Nextel wants to exchange 16 MHz of spectrum it holds in the 700-, 800-, and 900-MHz bands for 16 MHz of spectrum in the upper 800-MHz band and the coveted 2.1-GHz band that's reserved for satellite and 3G wireless services.
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Let's Make A Deal
Wireless provider Nextel Communications says the main reason it wants to swap some spectrum with Uncle Sam is to clear channels for use by police and fire departments. It's only a coincidence that the deal would increase the value of Nextel's frequency holdings and make it a more-attractive acquisition target, a spokeswoman says.
Nextel wants to exchange 16 MHz of spectrum ...