Frontline Closes Its Doors

Frontline just announced it's closing its doors -- and will not participate in an upcoming wireless spectrum auction. That's bad news for the wireless industry: It means that it could take much longer for wireless networks to open up, the way Frontline envisioned.

It’s a sad day in wireless today. Frontline, a company that was expected to build a new network open to all mobile applications and devices, has announced, in a statement to reporters, that it’s “closed for business. We have no further comments.” Analysts believe that the company simply failed to secure enough funding to bid in an upcoming Federal Communications Commission auction of wireless airwaves, needed for such a network.

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