TerreStar’s reorganization plan to emerge from bankruptcy was approved by...
TerreStar’s reorganization plan to emerge from bankruptcy was approved by the U.S. Bankruptcy Court for the Southern District of New York, Dish Network said. Dish is seeking FCC approval for it to use TerreStar’s and DBSD’s S-band spectrum terrestrially. “DISH…
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is prepared to close both transactions upon receipt of Federal Communications Commission approval of the license transfers and associated waiver requests,” said a Dish spokesman. “With these approvals, DISH would immediately begin the design and construction planning for the nation’s first 100 percent LTE network. The requested waivers are necessary, among other things, to remove an outdated requirement for every handset to have the capability to establish a communications link to a satellite. The waiver of this requirement will allow DISH to provide more meaningful competition and greater choice for wireless consumers."