We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

PDV Raises $218M, Will Launch 2-Way Radio Network

Law360, New York (September 17, 2014, 2:55 PM EDT) -- Pacific DataVision Inc. said on Tuesday that part of the $218 million in equity funding it recently raised will go toward the purchase of Sprint Corp.'s spectrum licenses, as PDV works to launch a two-way radio network for businesses.

PDV, which is run by the co-founders of Nextel Communications Inc., said it has agreed to buy all six of Sprint's 900-megahertz spectrum licenses. According to a Tuesday press release from PDV, upon the completion of the deal with Sprint, it will focus on developing a walkie-talkie-style service for small and medium-size businesses.

The Paterson, New Jersey-headquartered company said it has already...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS