The 800 MHz Transition Administrator asked the FCC...
The 800 MHz Transition Administrator asked the FCC to extend by another six months, until Dec. 31, the “true-up” date for calculating whether Sprint owes the government money as part of the 800 MHz transition. When the FCC approved its…
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landmark 800 MHz rebanding order in 2004 it required Nextel, pre-merger with Sprint, to pay the total value of the 10 MHz national spectrum license it got as part of the deal. The FCC set the price of the license at $4.8 billion. Subtracting the value of the spectrum Nextel agreed to give up, $2 billion, left $2.8 billion Nextel had to pay out in total rebanding costs. The FCC has been extending the true-up deadline in six-month increments since 2008. “Since the Commission released its True-Up Deferral Order, the 800 MHz reconfiguration expenditures paid by Sprint ... have increased” (http://bit.ly/1lpkxph). “A substantial number of licensees, however, have yet to complete rebanding and a true-up as of June 30, 2014 would be incomplete and would not include a significant amount of Sprint’s reconfiguration expenditures.”