Newsbrief by Michelle Ruhfass on Monday March 05, 2012.
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Hopes for satellite giant Dish to start a new wireless network have been dashed. For now, at least. The FCC has denied the company's request for a waiver that would allow it to build a ground-based wireless phone network while indicating that a more formal deliberation is needed and will take until the year's end to complete. The delay does not mean Dish's proposed network will be killed off, but Dish chairman Charlie Ergen had said "if Dish was not granted a waiver, or if there was a delay with a decision, it may have to look at alternatives with its wireless assets, including writing down their value." That appears to be the case now.source: Reuters