Sometimes companies exit bankruptcy wiping out shareholders.... New shares are issued....Other times the shares remain intact(I think this will happen)...... Then sometimes new shares are allocated depending on the class of shares preferred or commons(ratio is different everytime.... ) could be one for one, 2 equals one share...etc etc....
all of this us up in the air
all we know is there is another asset.. 1.4 ghz spectrum that is worth a lot of cash....