InvestorsHub Logo
Followers 0
Posts 306
Boards Moderated 0
Alias Born 03/19/2016

Re: None

Friday, 11/17/2017 8:23:00 AM

Friday, November 17, 2017 8:23:00 AM

Post# of 4715
FCC Wants to Open More High-Band Spectrum for 5G.

http://www.lightreading.com/mobile/5g/fcc-wants-to-open-more-high-band-spectrum-for-5g/d/d-id/738295

In my opinion this makes it even more pressing for ATT to land Fibertower free and clear. In the arms race for 5G delivery Verizon is out front right now having sealed up XO spectrum and having Straightpath waiting in the wings. ATT and Verizon need to get out front and seperates themselves with a great amount of lead time from the Cable Cos, Sprint/TMUS, and whatever the Tech Cos(Goog, FB, Amz etc..)throw at 5G. Mainly it is about getting the service up and running and taking a huge bite out of cable. If Fibertower were approved today I would estimate that ATT and VZ are at least 2-3 years out in front of Cable in delivering 5G.

From the Seeking Alpha Discussion with Ray M:
He pointed out it's not in any parties' interest for the licenses to be tied up in court for a couple of years. AT&T wants it closed out.

I just can't see ATT/FCC/FTWR risking the unsecured or shareholders lobbing a grenade into the party from the cheap seats making everyone scramble and causing delays. If the deal is $1.5B to $2B what is a couple hundred million off of your overall return to secure the deal? And by a couple hundred million I mean you pay off the unsecured and the shareholders get a fair distribution and you has the Fibertower Bondholders still make out well with both your bonds and whatever shares you scooped up as well. I know I sound like a broken record but those bondholders were accumulating shares for pennies as it was a simple cheap hedge to protect against what we have going now. And now it creates far more incentive for those bondholders to say yes include shareholders in the deal...heck what do we care...we own the bonds and 75% of the shares.

Anyway I think we will find out much more before the end of the year. We are at day 250 on the 180 day shot clock with zero insight from the FCC on what is going to happen.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.