Fibertower Corp fka FBBT

[wirelessman77]

FCC Licenses on The Balance Sheet:

2007 - $342M
2008 - $288M
2009 - $288M
2010 - $288M
2011 - $288M
11/2011 - $106M
07/2012 - BK Filed, FCC Moves to Terminate 692 of the 738 Licenses.
09/2013 - Debtors claim(Tom Scott Analysis) that the 692 Licenses subject to the remand of the BK Court are worth $0 and the 46 Licenses are worth between $1M and $2M.

2017 - Rights to Licenses sold to ATT for ???

Within the span of 2 years the FCC licenses went from $288M to $1-2M and the debtors based on an analysis from Tom Scott get to walk off with everything? The Unsecured Creditors posted a rebuttal of the valuation but it seemed to fall on deaf ears with the court. What is not so certain is what is the status of the 692 licenses subject to the remand of the BK court. Do they reevaluate based on the sale price or simply hand them over to the debtors/att?