Total Liabilities in the area of $170M to $200M
Spectrum Value on the Books pre 11/2011 - $288M
Spectrum Value on the Books post 11/2011 - $106M
Hard assets generating $60M in revs per year.
Cash in the area of $15M
With the way the wireless industry is heading, small cells, Sprint Softbank Clearwire Merger, Data skyrocketing, do you think nationwide PTP spectrum that can transport data at 1 gbps+ without laying fiber should have gone up or down in value?
Not to mention:
DirectTV wanting FTWR's spectrum
DISH wanting to get their content onto wireless
Numerous other plays going on