Nextwave to sell off 184 AWS licenses

Want your shot at building a nearly national wireless network to compete with the diuopoply? You could get your chance if you have the necessary cash.

NextWave Wireless announced Thursday that it has asked two investment banking firms to explore the possibility of selling its extensive spectrum holdings that cover most of the United States.”We no longer view our spectrum holdings as critical to reaching our product sales objectives and believe that now is the perfect time for us to sell these valuable assets,” said Allen Salmasi, CEO and president of NextWave, in a statement. “Since the completion of the recent 700 MHz auction, we have received multiple offers for our U.S. spectrum assets.”

Salmasi said the sale of the spectrum would enable NextWave to improve its financial situation and concentrate on developing its wireless products, including WiMax and radio frequency integrated circuit chipsets, WiMax and LTE base station platforms, and mobile TV systems that the company is working on with mobile phone service providers to bring into commercial deployment. (Information Week)

Any takers? I wonder if T-Mobile is interested. If you have the cash, but don’t want to run a network, email us! We’ll be glad to help!