Fibertower Corp fka FBBT

[rfarmer]

That's one level but I don't know how the particular markets line up with XO's 28 ghz and FTWR's 39 ghz. I am assuming ATT wants both or sees a very strategic option for the 24 ghz(outside the NPRM mobile qualifier) and the 39 ghz. Regardless AT&T 99.99% certain they want all the licenses and there will be a 3 way accord with the FCC and Fibertower. The bondholders had something like $133M, unsecured was $25M???. The bondholders extracted cash in the beginning of the BK so that offset some amount. I can't remember off the top of my head the exact pieces to get to the point where sharedholders got paid but it was around $150-$200M which now seems like a drop in the bucket.