The spectrum rights are gone. Who would buy a company with no assets and massive debt? Who would do an build-out with no spectrum rights?
If you would, I have a gold mine to sell you that hasn't been dug yet on land I don't own.
The only way I am aware of to get the spectrum back is for the gov. to completely change course on this matter or for Fibertower to win the spectrum back in court.
That being said (again): I am asking if anyone out there who has some knowledge of this type process (spectrum battle in court or otherwise) and would care to comment on it?
I really can't see how everything else is not a fantasy until the spectrum is back in possession.