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Ticker:FRNS
Company Name: First Avenue Networks, Inc.

Business Overview from 10-K filing for First Avenue Networks, Inc.:

First Avenue Networks, Inc. (OTCBB: FRNS) has assembled one of the largest and most comprehensive collections of millimeter wave spectrum in the U.S. We hold over 750 licenses for spectrum between 38.6 GHz and 40 GHz, commonly referred to as 39 GHz spectrum, granted by the Federal Communications Commission or “FCC”. Our licenses extend over virtually the entire United States, covering over 284 million in population, and represent over 1 billion channel pops, calculated as number of channels in a given area, as measured in the 2000 census, multiplied by the population covered by these channels. On January 14, 2005, we purchased substantially all of the assets of Teligent, Inc. These assets include Teligent’s portfolio of 24 GHz licenses and its fixed wireless operations and radio inventories. Our spectrum portfolio now includes, on average, over 740 MHz in the top 20 U.S. metropolitan areas and, in aggregate, approximately 1.5 billion channel pops.     

View the full FRNS chart at Wikinvest

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