FiberTower is struggling to stay in one piece. FiberTower representatives...
FiberTower is struggling to stay in one piece. FiberTower representatives met with FCC Commissioners Mignon Clyburn and Robert McDowell Friday to discuss some of their concerns, a presentation released Monday shows. The backhaul provider declared Chapter 11 bankruptcy in July,…
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and the bankruptcy agreement had been conditioned on building small cell backhaul in the 24 GHz and 39 GHz bands, said the presentation. But FiberTower has not received the necessary waivers from the FCC to do so, FiberTower said. It applied for the waivers in April. Now, due to its inability to comply with the agreement, “there is an auction to sell the more profitable FiberTower network markets” pending, the company said. “No decision by the FCC is a decision to dismantle the FiberTower network.” The presentation emphasizes FiberTower’s role during Hurricane Sandy, citing its 313 critical carrier class high-capacity backhaul trunking links in the New York-New Jersey region and showed a map of its presence.