Even though Frontline Wireless that week announced it is “closed for business,” FCC Chair Kevin Martin said Wednesday that he is hopeful a solution for a national public-safety wireless network would be found.

Frontline Wireless had proposed an innovative cellular network both for public safety and for private industry, but the company floped to post the mandatory $128 million bond to participate in the auction. Fronline was founded by former FCC Chair Reed Hunt and had backing from leading

Silicon Valley venture capitalists John Doerr, James Barksdale, and K. Ram Shiram.

The FCC has set the entry price for the spectrum at $1.4 billion. Even with a 25 percent reduction for Frontline Wireless, the price proved too high. The $1.4 billion entry fee would be just the start considering the winner of the auction would spend billions more building out the network. Additionally, considering the network would be used by […]

Orginal post by Top Tech News