NextWave acquires WebSky Argentina
NextWave Wireless has purchased WebSky Argentina, an owner of 42 megahertz of spectrum in the 2.5 GHz band covering the Buenos Aires metro region.
The purchase is part of NextWave's strategy to own spectrum and build WiMAX or TD-CDMA infrastructure for other companies. Earlier this year, NextWave acquired IPWireless, the maker of TD-CDMA, for $99.6 million and purchased a 65 percent controlling stake in WiMAX Telecom AG through its Inquam Broadband GmbH subsidiary. It also announced the fabrication of its first-generation WiMAX chipset.
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