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Sprint Corporation Message Board

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  • cohsgrad cohsgrad Oct 4, 2010 3:35 PM Flag

    Yet More Spectrum Questions

    They clearly do have $20 billion in spectrum. In a table in the 10K (Note 7) they have to following note explaining why FCC licenses declined. Clearwire got spectrum carried on the books at $2.5 billion. The Clearwire spectrum might be worth $50 billion for all I know. I just want to understand the spectrum Sprint retained.

    During 2008, we contributed $2.5 billion of FCC licenses to Clearwire and acquired $1.0 billion of FCC licenses in our normal course of business,
    including our requirements under the Report and Order. In addition, we reduced FCC licenses by $265 million due to the reversal of unrecognized
    tax benefits. See note 11 for additional information.

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