Replies to post #1701 on Fibertower Corp fka FBBT

[wellitmaybeton]

(3)Pending licenses shall remain property of Debtors' pre-Effective Date Estates and subject to the continuing jurisdiction of the Bankruptcy Court pending the FCC's determination of the transfer application with respect there to.


y. Under the terms of the stock purchase agreement, AT&T is thus acquiring all of the rights to FiberTower’s licenses and authorizations, including the licenses that are the subject of the pending remand from the United States Court of Appeals for the District of Columbia Circuit (the “D.C. Circuit”). The review and approval of this transaction therefore presents an ideal opportunity to simultaneously address both the transaction itself and the Fiber Tower renewal applications on remand. As explained in more detail below, granting FiberTower’s renewal applications on remand as part and parcel of granting the transaction would resolve the litigation, bring certainty to the mmW bands (and this transaction) and