Powell retracts vote on Nextel's spectrum request

May 21 2004 - 12:50 AM ET | Nextel
The Wall Street Journal is reporting today [subscription] that Federal Communications Commission Chairman Michael Powell has retracted his vote for Nextel's spectrum plan. We have covered the story before, the last time being in March. Mr. Powell's reversal on the vote is a major blow to Nextel, but there is still more time until a final decision is reached.