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DISH Network Issues Statement On DBSD/TerreStar License Transfers - Quick Facts

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3/2/2012 6:28 PM ET

DISH Network (DISH: Quote) issued a statement regarding its DBSD/TerreStar license transfers.

"Although we are disappointed that the FCC did not grant the integrated service and spare satellite waivers that DISH requested, we appreciate the cooperative spirit and diligent efforts of the Commission and its staff in reviewing our applications. We worked hard to demonstrate that the grant of those waivers was in the public interest, and we wish that we had been successful. We believe that the denial of those waivers will delay the advancement of some of President Obama's and the FCC's highest priorities -- namely freeing up new spectrum for commercial use and introducing new mobile broadband competition," DISH Network said in the statement.

"As we review our options, we will continue working with the FCC on the forthcoming 2 GHz Notice of Proposed Rulemaking (NPRM) to achieve those goals as expeditiously as possible. DISH is committed to helping the Administration and the FCC solve the existing spectrum crunch, and DISH believes that new competition is particularly critical given the expanding world of bit caps and restrictive data plans. We expect to close the DBSD and TerreStar transactions as soon as practicable," DISH Network said.

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by RTT Staff Writer

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