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condoe3

05/24/13 4:50 PM

#1365 RE: macerimmer #1364

Why so angry, Fibertower is a spec play, in which a deal could be worked out, since the growth of small cells is placing some pressure on telecom networks, so let's see what happens.
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condoe3

05/24/13 5:00 PM

#1366 RE: macerimmer #1364

Their is always the potential for a deal for Fibertower when you this news, Charlie Ergen is not going to spend 2 billion without having a deal with the FCC, that's why a deal for Fibertower would likely include a deal with the FCC on some level.

Charlie Ergen, chairman of satellite-TV provider Dish Network Corp. has made a $2 billion bid for the spectrum owned by LightSquared Inc., the bankrupt wireless-broadband company owned by Philip Falcone’s hedge-fund firm.

Ergen, 60, has offered to buy the spectrum even though the FCC has yet to approve its use, according to the people, who asked not to be named because the deal hasn’t been shown to the bankruptcy judge, Bloomberg News reported.