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| Wednesday, 25 July 2007 | |
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Modeo move signals set back for DVB-H in
In what is seen as a withdrawal from the mobile TV arena and a set back for the DVB-H community’s US ambitions, Crown Castle International has announced that the nationwide spectrum used by its Modeo DVB-H based mobile TV subsidiary will now be leased to a venture formed by Telcom Ventures LLC and Columbia Capital LLC. The news comes one week after the European Commission came down heavily in favour of DVB-H as the single cell phone TV standard for that region, in the process extolling the global attractions of the technology. The spectrum, 1,670 to 1,675MHz, will be leased for a US$13mn annual lease fee beginning this week and continuing until 01 October, 2013. On the expiration of the initial term of the lease, the lessee will have the right to acquire the spectrum for US$130mn or to renew the lease for a period of up to ten years on the same terms, subject to the annual lease fee increasing to US$14.3mn. Failure to find carrier partners seems to have been behind the DVB-H continues in the John Williamson |
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