Nucentrix Broadband Networks, a bankrupt broadband wireless operator based in Carrollton, Texas, reached an agreement to sell its FCC licenses for MMDS and WCS spectrum, certain leases of ITFS and MMDS spectrum, transmission tower leases and equipment, and other related assets to a wholly-owned subsidiary of SBC Communications. The deal was $15 million, subject to certain adjustments, and requires the approval of the Bankruptcy Court.
Nucentrix currently offers high-speed wireless Internet services in Austin and Sherman-Denison, Texas. Nucentrix holds the rights to an average of approximately 128 MHz of MMDS and ITFS spectrum, covering an estimated 8.2 million households, in over 90 primarily medium and small markets across Texas, Oklahoma and the Midwest. Nucentrix also holds licenses for 20 MHz of WCS (Wireless Communications Services) spectrum at 2.3 GHz covering over 2 million households, primarily in Texas.
http://www.nucentrix.net
