https://urgentcomm.com/wp-content/themes/ucm_child/assets/images/logo/footer-logo.png
  • Home
  • News
  • Multimedia
    • Back
    • Multimedia
    • Video
    • Podcasts
    • Galleries
  • Commentary
    • Back
    • Commentary
    • Urgent Matters
    • View From The Top
    • All Things IWCE
    • Legal Matters
  • Resources
    • Back
    • Resources
    • Events
    • Webinars
    • White Papers
    • Reprints & Reuse
  • IWCE
    • Back
    • IWCE
    • Conference
    • Special Events
    • Exhibitor Listings
    • Premier Partners
    • Floor Plan
    • Exhibiting Information
    • Register for IWCE
  • About Us
    • Back
    • About Us
    • Contact Us
    • Advertise
    • Terms of Service
    • Privacy Statement
    • Cookies Policy
  • Related Sites
    • Back
    • American City & County
    • IWCE
    • Light Reading
    • IOT World Today
    • Mission Critical Technologies
    • Microwave/RF
    • T&D World
    • TU-Auto
  • In the field
    • Back
    • In the field
    • Broadband Push-to-X
    • Internet of Things
    • Project 25
    • Public-Safety Broadband/FirstNet
    • Virtual/Augmented Reality
    • Land Mobile Radio
    • Long Term Evolution (LTE)
    • Applications
    • Drones/Robots
    • IoT/Smart X
    • Software
    • Subscriber Devices
    • Video
  • Call Center/Command
    • Back
    • Call Center/Command
    • Artificial Intelligence
    • NG911
    • Alerting Systems
    • Analytics
    • Dispatch/Call-taking
    • Incident Command/Situational Awareness
    • Tracking, Monitoring & Control
  • Network Tech
    • Back
    • Network Tech
    • Interoperability
    • LMR 100
    • LMR 200
    • Backhaul
    • Deployables
    • Power
    • Tower & Site
    • Wireless Networks
    • Coverage/Interference
    • Security
    • System Design
    • System Installation
    • System Operation
    • Test & Measurement
  • Operations
    • Back
    • Operations
    • Critical Infrastructure
    • Enterprise
    • Federal Government/Military
    • Public Safety
    • State & Local Government
    • Training
  • Regulations
    • Back
    • Regulations
    • Narrowbanding
    • T-Band
    • Rebanding
    • TV White Spaces
    • None
    • Funding
    • Policy
    • Regional Coordination
    • Standards
  • Organizations
    • Back
    • Organizations
    • AASHTO
    • APCO
    • DHS
    • DMR Association
    • ETA
    • EWA
    • FCC
    • IWCE
    • NASEMSO
    • NATE
    • NXDN Forum
    • NENA
    • NIST/PSCR
    • NPSTC
    • NTIA/FirstNet
    • P25 TIG
    • TETRA + CCA
    • UTC
Urgent Communications
  • NEWSLETTER
  • Home
  • News
  • Multimedia
    • Back
    • Video
    • Podcasts
    • Galleries
  • Commentary
    • Back
    • All Things IWCE
    • Urgent Matters
    • View From The Top
    • Legal Matters
  • Resources
    • Back
    • Events
    • Webinars
    • White Papers
    • Reprints & Reuse
    • UC eZines
  • IWCE
    • Back
    • Conference
    • WHY ATTEND
    • Exhibitor Listings
    • Floor Plan
    • Exhibiting Information
    • Registration Opens April 2019-Join Our Mailing List
  • About Us
    • Back
    • About Us
    • Contact Us
    • Advertise
    • Terms of Service
    • Privacy Statement
    • Cookies Policy
  • Related Sites
    • Back
    • American City & County
    • IWCE
    • Light Reading
    • IOT World Today
    • TU-Auto
  • newsletter
  • In the field
    • Back
    • Internet of Things
    • Broadband Push-to-X
    • Project 25
    • Public-Safety Broadband/FirstNet
    • Virtual/Augmented Reality
    • Land Mobile Radio
    • Long Term Evolution (LTE)
    • Applications
    • Drones/Robots
    • IoT/Smart X
    • Software
    • Subscriber Devices
    • Video
  • Call Center/Command
    • Back
    • Artificial Intelligence
    • NG911
    • Alerting Systems
    • Analytics
    • Dispatch/Call-taking
    • Incident Command/Situational Awareness
    • Tracking, Monitoring & Control
  • Network Tech
    • Back
    • Cybersecurity
    • Interoperability
    • LMR 100
    • LMR 200
    • Backhaul
    • Deployables
    • Power
    • Tower & Site
    • Wireless Networks
    • Coverage/Interference
    • Security
    • System Design
    • System Installation
    • System Operation
    • Test & Measurement
  • Operations
    • Back
    • Critical Infrastructure
    • Enterprise
    • Federal Government/Military
    • Public Safety
    • State & Local Government
    • Training
  • Regulations
    • Back
    • Narrowbanding
    • T-Band
    • Rebanding
    • TV White Spaces
    • None
    • Funding
    • Policy
    • Regional Coordination
    • Standards
  • Organizations
    • Back
    • AASHTO
    • APCO
    • DHS
    • DMR Association
    • ETA
    • EWA
    • FCC
    • IWCE
    • NASEMSO
    • NATE
    • NXDN Forum
    • NENA
    • NIST/PSCR
    • NPSTC
    • NTIA/FirstNet
    • P25 TIG
    • TETRA + CCA
    • UTC
acc.com

Policy


PSST inks deals with Cyren Call, gets short-term financing

PSST inks deals with Cyren Call, gets short-term financing

ORLANDO--The Public Safety Spectrum Trust (PSST)—the national licensee for public safety’s 10 MHz of 700 MHz broadband spectrum—has finalized a contract with Cyren Call Communications to serve as its adviser and secured financing to fund the non-for-profit organization through the 700 MHz auction
  • Written by Urgent Communications Administrator
  • 31st January 2008

ORLANDO–The Public Safety Spectrum Trust (PSST)—the national licensee for public safety’s 10 MHz of 700 MHz broadband spectrum—has finalized a contract with Cyren Call Communications to serve as its adviser and secured financing to fund the non-for-profit organization through the 700 MHz auction.

PSST Chairman Harlin McEwen revealed the deals while serving as a panelist during two sessions here at the Association of Public-Safety Communications Officials (APCO) Winter Summit. When asked about the PSST’s financial situation, McEwen said the 15-member PSST board last week approved a formal agreement making Cyren Call—headed by former Nextel Communications co-founder Morgan O’Brien—the public-safety organization’s adviser. At the same meeting, the PSST board named McEwen as its interim CEO, McEwen said.

One of Cyren Call’s first responsibilities was to secure funding for the PSST, which has no method for generating revenue until it signs a network-sharing agreement with the winner of the D Block auction. McEwen said venture capitalists have agreed to fund the PSST through the auction.

“Those negotiations were completed this past week,” McEwen said. “I signed the papers on Monday, and we have the loan to pay for our initial costs to be able to operate as a not-for-profit corporation.”

McEwen said this financing arrangement is a short-term deal that secures funding for the PSST through the auction, which is expected to conclude in March. After the auction, the PSST will have a better idea what its funding needs will be for the months beyond the auction.

“The point is, if you were an investor, to invest on the possibility of a D Block winner and the fact that we would be moving forward is a reasonable investment. If that doesn’t happen, of course, then we don’t know what we’re going to do next,” McEwen said. “We would not want to borrow money clear into the future, not knowing where that’s going to go.”

Indeed, if the auction produces a D Block bid that exceeds the $1.3 billion reserve price set by the FCC, the PSST would have six months to negotiate a network-sharing agreement with the D Block winner. However, if the FCC’s reserve price on the spectrum is not met, several potential scenarios—a reauction, new FCC rules or even potential litigation—could impact the PSST’s future funding needs.

“All I’m saying is that we don’t have the funds to be able to plan for a whole year when we don’t know what’s going to happen in the auction,” McEwen said. “It would be foolish for us to do that.”

Tags: content Policy

Related


  • Newscan: America’s creaky payment infrastructure is showing cracks
    Newscan: America’s creaky payment infrastructure is showing cracks
    Web Roundup Items from other news organizations America’s creaky payment infrastructure is showing cracks Woman safe after texting 911 to report being held against her will in semi truck Experts say $15 billion could fix broken 911 system, saving lives and money Progressives want Joe Biden to go big for FCC chair. Does Joe Biden? […]
  • California PD: ‘Game-changing’ Live911 streaming of emergency calls accelerates responses
    Police officers in the city of Clovis, Calif., are able to respond more quickly to incidents—saving lives and property—because they use the Live911 application developed by HigherGround to listen to the audio from 911 calls near their location, according to a Clovis police official. Jim Munro, a lieutenant in the Clovis Police Department, said the […]
  • Why Tuscon is building its own 4G network
    The city of Tucson, Arizona, is weeks away from finishing the first phase of its 4G LTE network buildout. The city will initially use the network to connect around 1,000 kids in poor households to the Internet but eventually hopes to use the network for a variety of services ranging from smart city IoT operations […]
  • SolarWinds attackers lurked for 'several months' in FireEye's network
    Top execs from FireEye, SolarWinds, Microsoft, and CrowdStrike testified before the US Senate Intelligence Committee on Feb. 23 on the aftermath – and ongoing investigations – into the epic attacks. The attackers who infiltrated SolarWinds Orion’s software build and updates had spent “several months” embedded in FireEye’s network before the security firm spotted them, Kevin […]

Leave a comment Cancel reply

To leave a comment login with your Urgent Comms account:

Log in with your Urgent Comms account

Or alternatively provide your name, email address below:

Your email address will not be published. Required fields are marked *

Related Content

  • Mission Critical Partners: New CEO Darrin Reilly discusses acquisition, company growth and outlook
  • Spectrum coordinators initiate submittal of new T-Band applications
  • Hiding in plain sight: What the SolarWinds attack revealed about efficacy
  • AT&T says FirstNet Band 14 buildout more than 90% done, adoption tops 2 million connections

Commentary


Ransomware? Let’s call it what it really is: extortionware

21st February 2021

Redefining communications for today’s mobile workforces

18th February 2021

Hi-tech sewer can help safeguard public health, environment and economies

18th February 2021
view all

Events


UC Ezines


IWCE 2019 Wrap Up

13th May 2019
view all

Twitter


UrgentComm

Using data to improve emergency response resources in healthcare arena dlvr.it/RtYfFJ

26th February 2021
UrgentComm

3 security flaws in devices and IoT that need fixing dlvr.it/RtYRxm

26th February 2021
UrgentComm

Newscan: America’s creaky payment infrastructure is showing cracks dlvr.it/RtTzBD

25th February 2021
UrgentComm

California PD: ‘Game-changing’ Live911 streaming of emergency calls accelerates responses dlvr.it/RtPgXS

24th February 2021
UrgentComm

Why Tuscon is building its own 4G network dlvr.it/RtPDG5

24th February 2021
UrgentComm

SolarWinds attackers lurked for ‘several months’ in FireEye’s network dlvr.it/RtP07s

24th February 2021
UrgentComm

Buffalo’s 48 hours to navigate a mission-critical transition to remote work dlvr.it/RtNwfl

24th February 2021
UrgentComm

Digital transformation, connectivity create platform for sustainable mobility dlvr.it/RtNwYm

24th February 2021

Newsletter

Sign up for UrgentComm’s newsletters to receive regular news and information updates about Communications and Technology.

Expert Commentary

Learn from experts about the latest technology in automation, machine-learning, big data and cybersecurity.

Business Media

Find the latest videos and media from the market leaders.

Media Kit and Advertising

Want to reach our digital and print audiences? Learn more here.

DISCOVER MORE FROM INFORMA TECH

  • American City & County
  • IWCE
  • Light Reading
  • IOT World Today
  • Mission Critical Technologies
  • Microwave/RF
  • T&D World
  • TU-Auto

WORKING WITH US

  • About Us
  • Contact Us
  • Events
  • Careers

FOLLOW Urgent Comms ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookies Policy
  • Terms
Copyright © 2021 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X