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MONDAY, MARCH 4, 2002

The Supreme Court today has accepted a case that could prevent three Alaska Native corporations from losing their investment in a wireless telecommunications venture.

The Federal Communications Commission and the three Native corporations are seeking to overturn an decision which declared a wireless auction invalid. A joint venture of Sealaska Corp., Doyon Ltd., Arctic Slope Regional Corp. and AT&T Wireless, purchase $2.9 billion in wireless licenses but an appeals court said they rightfully belong to NextWave Communications.

A deal to refund the money to the Native investors failed to clear Congress last year. The FCC was reported to be offering a refund to the corporations.

Get the Story:
Supreme Court agrees to resolve dispute over wireless spectrum (AP 3/4)

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