Native Corporations Provide Wireless to 88 of Top U.S. Markets.

• Position: Brief Article

Arctic Slope Regional Corp., Sealaska Corp. and Doyon Ltd. recently formed a joint venture with AT&T Wireless to form Alaska Native Wireless LLC. Alaska Native Wireless was the winning bidder in a Federal Communications Commission auction for new wireless licenses spanning 43 markets and 71 million individuals. The consortium bid $2.9 billion on the licenses, which includes coverage areas of New York City, Los Angeles, Denver, Tampa, Cleveland, Jacksonville, Minneapolis, New Haven and Portland.

"This consortium represents over 40,000 Alaska Native shareholders, and our participation in the FCC auction is a huge step forward in establishing a role for our companies and our shareholders in...