Fibertower Corp fka FBBT

[wirelessman77]

The best thing to happen to the Fibertower cause was Trump/Pai in and Obama/Wheeler out. At the end of the day Pai is far more in favor of letting free markets push the telecom envelope as opposed to Obama/Wheeler choking things out in the name of consumer fairness. At the end of the day Pai is all about pushing and fostering growth in the telecom/wireless/5g space and Trump wants economic and job numbers. Pai knows getting the FCC out of the way as much as possible and speeing things up is necessary. Part of the problem of the FCC can be put on display with the disparity of the Fibertower and StraightPath cases. At the end of the day in the grand scheme of things it is nothing but a hiccup for ATT to have to throw $400-$500M+ towards the common shareholders and the FCC to get this done. Remember ATT wants to get rid of all those DTV dishes and go all internet delivery which will be heavy 5G/Fixed Wireless. Just stating the obvious but hopefully a deal will be crafted where the bondholders(Heavy Heavy Shareholders as Well) give the appearance of favoring the shareholders and we ride the coattails of overblown justice. I still estimate that the Bondholders as a hedge to their plans held at least 70% of the common shares. To many people on autopilot unloaded for tax purposes when this went to Chapter 11.