DESCRIPTION OF THE TRANSACTIONLicense Assignment Agreement • February 16th, 2001
Contract Type FiledFebruary 16th, 2001On January 24, 2001, Nextel Communications, Inc., Arch Wireless, Inc. (“Arch Wireless”) and certain of their subsidiaries entered into an agreement pursuant to which ACI 900, Inc. (“ACI 900”), a wholly-owned subsidiary of Nextel Communications, Inc. (“Nextel”), and AWI Spectrum Co., LLC (“Spectrum”) have filed this application with the Federal Communications Commission (“Commission”) seeking approval for Nextel’s subsidiary, ACI 900, to acquire from Spectrum the 900 MHz and 800 MHz Specialized Mobile Radio licenses (“licenses”) listed in this application. 1 These licenses presently are held by Spectrum, an indirect wholly-owned subsidiary of Arch Wireless. This application requests Commission approval of the proposed assignment to Nextel’s subsidiary, ACI 900, of 150 license authorizations, 134 of which are Major Trading Area (“MTA”) licenses covering 49 MTAs nationwide. The remaining fifteen 900 MHz licenses are Designated Filing Area (“DFA”) licenses.