*Pages 1--1 from Microsoft Word - 37684* NEWS Federal Communications Commission 445 12 th Street, S. W. Washington, D. C. 20554 This is an unofficial announcement of Commission action. Release of the full text of a Commission order constitutes official action. See MCI v. FCC. 515 F 2d 385 (D. C. Circ 1974). News Media Information 202 / 418- 0500 Internet: http:// www. fcc. gov TTY: 1- 888- 835- 5322 FOR IMMEDIATE RELEASE NEWS MEDIA CONTACT: April 20, 2004 Richard Diamond at (202) 418- 0506 FCC CHAIRMAN PRAISES NEXTWAVE SETTLEMENT Landmark Deal Puts Spectrum to Use, Nets at Least $4 Billion “After eight long years, we can finally end the litigation and begin the innovation. This landmark agreement takes valuable spectrum resources out of the courts and will put it in the hands of consumers who can finally use it. “Making additional next- generation wireless services available is good for the economy and good for broadband deployment. Ending one of the most hotly contended legal battles with a commercial solution that results in over four billion dollars in value to taxpayers makes this settlement a success for the American people. “The FCC’s General Counsel, John Rogovin, and his staff deserve a lot of credit for working long and hard to resolve this long- running dispute.” -FCC- 1