Document:

<PAGE>

                                                                   EXHIBIT 10.15

                     ITFS CAPACITY USE AND ROYALTY AGREEMENT

      THIS ITFS CAPACITY USE AND ROYALTY AGREEMENT (this "Agreement") is made
this 13th day of November, 2003 by and between (i) HISPANIC INFORMATION AND
TELECOMMUNICATIONS NETWORK, INC., a New York not-for-profit corporation
("Licensee") and (ii) FIXED WIRELESS HOLDINGS, LLC, a Delaware limited liability
company ("Operator"). Licensee and Operator are referred to individually without
distinction as a "Party" and collectively as the "Parties."

                                    RECITALS:

      WHEREAS, the Federal Communications Commission (including any successor to
its functions and powers, "FCC") allows Instructional Television Fixed Service
(including any name then used by the FCC for such radio service after the date
of the Spectrum Agreement, "ITFS") stations to be used for commercial purposes;

      WHEREAS, Licensee holds an FCC authorization with the call sign listed on
Exhibit A (the "License", including any associated authorizations other than
I-channel authorizations, the "Licenses") to operate the six (6) MHz ITFS
channels listed on Exhibit A (each such channel, is referred to individually as
an "ITFS Channel," and collectively as the "ITFS Channels") in the metropolitan
area where the ITFS Channels are authorized to operate as listed on Exhibit A
(the "Market Area");

      WHEREAS, Operator desires to provide digital wireless services to
customers and to use the transmission capacity of the ITFS Channels for these
purposes;

      WHEREAS, Operator may enter into capacity use agreements with other ITFS
and/or Multipoint Distribution Service (including any name then used by the FCC
for such radio service after the date of the Spectrum Agreement, "MDS")
licensees and applicants in the Market Area, may be the licensee of MDS and ITFS
channels in the Market Area and may use other radio frequencies, including
unlicensed spectrum in the Market Area (the radio transmission and receive
facilities in the Market Area using ITFS, MDS and other channels leased or
licensed to Operator or any of its Affiliates or otherwise made available to
Operator or any of its Affiliates for operation within the Market Area,
including signal input facilities, are referred to collectively as the
"System");

      WHEREAS, Licensee and Operator are parties to that certain Master Spectrum
Acquisition Agreement dated November __, 2003 between Licensee and Flux U.S.
Corporation (the "Spectrum Agreement"), providing for additional rights and
obligations between Licensee and Operator;

                                       1
<PAGE>

      WHEREAS, the excess transmission capacity of the ITFS Channels is
available for commercial and/or secondary purposes, consistent with the
Communications Act of 1934, as amended, and the rules, regulations and policies
of the FCC (collectively "FCC Rules"); and

      WHEREAS, Licensee is licensed under the Federal Communications Commission
to disseminate its programming in the Instructional Television Fixed Service and
Operator wishes to utilize Licensee's capacity pursuant to FCC Rules.

      NOW THEREFORE, in consideration of the foregoing and the mutual promises
and undertakings set forth herein, Licensee and Operator agree as follows:

1.    TERM OF AGREEMENT.

      Subject to PARAGRAPHS 8 AND 9 of this Agreement, the term of this
Agreement shall begin on the date hereof (the "Effective Date") and shall expire
on the fifteenth (15th) anniversary of that date ("Initial Term"). If the FCC
Rules should, at any time and from time to time, permit lease or use terms in
excess of fifteen (15) years, then upon the expiration of the Initial Term, if
Operator is not then in default under this Agreement, this Agreement will
automatically renew for such number of additional terms of one (1) year each, as
is permitted by the FCC (during the Initial Term or any Renewal Term), not to
exceed a maximum term of thirty (30) years (each a "Renewal Term"); provided
that this Agreement may be terminated by Operator at the expiration of the
Initial Term or upon each Renewal Term, if Operator provides written notice to
Licensee not less than ninety (90) days prior to the last day of the preceding
term. The Initial Term together with all Renewal Terms shall be referred to as
the "Term". The terms and conditions of this Agreement for each Renewal Term
shall be identical to the terms and conditions for the Initial Term.

2.    ALLOCATION AND USE OF TRANSMISSION CAPACITY.

      a)    DISTRIBUTION OF CAPACITY PRIOR TO TWO WAY OPERATIONS.

            (i)   Transition from Legacy Operations to Two-way Operations. The
                  provisions of this SUBPARAGRAPH 2(a) shall be effective from
                  the Effective Date until the date transitional operations
                  provided for under this SUBPARAGRAPH 2(a) are discontinued,
                  and the provisions of SUBPARAGRAPHS 2(c) THROUGH (p) shall be
                  effective from the Start Date until the termination of this
                  Agreement.

                  (1)   Provision and Operation of Equipment. Promptly after the
                        Effective Date, Operator, at its expense, shall procure
                        and construct such equipment and facilities as are
                        required to

                                       2
<PAGE>

                        operate the ITFS Channels in accordance with the
                        Licenses, and for Licensee to continue such services as
                        it last provided prior to the Effective Date, whether
                        pursuant to any prior provision of the transmission
                        capacity of the ITFS Channels (a "Prior Use Agreement")
                        to a third party (a "Prior User") or otherwise,
                        including program input and video equipment. Once
                        constructed, Operator shall operate and maintain such
                        equipment and all subscriber stations in service as of
                        the Effective Date used in conjunction with Licensee's
                        services, at Operator's expense, in accordance with
                        PARAGRAPH 3 and in accordance with SUBPARAGRAPH 6(c) as
                        though such subscriber response stations were Primary
                        Response Stations. Operator also shall procure and shall
                        bear all expenses under all site leases.

                  (2)   Right to Buy and Use Legacy Equipment under Prior Use
                        Agreement or Otherwise.

                        (A)   To the extent that Licensee owns, or has the right
                              to use or possess, as of the Effective Date and
                              apart from any Prior Use Agreement, the whole or
                              any portion of the transmission, hub site
                              reception, response station, program input
                              equipment or other equipment used to operate the
                              ITFS Channels in the Market Area prior to the
                              Effective Date (any such equipment referred to as
                              "Licensee Legacy Equipment"), Licensee agrees to
                              make such Licensee Legacy Equipment available to
                              Operator, at no additional cost to Operator, for
                              use in the provision of ITFS services contemplated
                              under this SUBPARAGRAPH 2(a) to the extent
                              Licensee is able to do so without violating the
                              terms of any agreement creating such right to use
                              or possess.

                        (B)   If the Prior Use Agreement provides Licensee with
                              a right existing on the Effective Date to purchase
                              the whole or any portion of the transmission
                              and/or hub site reception equipment used by the
                              Prior User or equipment in replacement thereof
                              (the "Prior User Legacy Equipment," together with
                              the Licensee Legacy Equipment, the "Legacy
                              Equipment"), Licensee shall either exercise such
                              right (any such purchase, a "Licensee Purchase")
                              or Licensee shall promptly give Operator notice
                              that Licensee does not intend to exercise such
                              right. Unless Operator intends to cause the Start
                              Date to occur so early

                                       3
<PAGE>

                              that Operator does not have a need to use such
                              Prior Use Legacy Equipment, if Licensee gives such
                              notice, Operator shall tender to Licensee notice
                              that Operator desires Licensee to exercise such
                              right and Operator shall tender to Licensee such
                              immediately available funds as are required to
                              exercise and consummate such right by the date
                              that is five (5) days (or if five days is not
                              available, such reasonable time) before the time
                              stated in the Prior Use Agreement by which
                              Licensee must take any action to exercise such
                              right of purchase (the "Equipment Notice Date"),
                              and Licensee shall use commercially reasonable
                              efforts, all at Operator's expense, to purchase
                              such Prior User Legacy Equipment on behalf of
                              Operator (an "Operator Purchase") in accordance
                              with the terms of such purchase right; provided,
                              however, Licensee shall not be required to, absent
                              its consent (which consent will not be
                              unreasonably withheld or delayed), and Licensee
                              shall not without Operator's prior written
                              consent, invoke judicial processes, invoke
                              arbitral processes or take any other extraordinary
                              action to require the Prior User's observance of
                              such right. In the event that Licensee purchases
                              the Prior User Legacy Equipment in accordance with
                              this SUBPARAGRAPH 2(a)(i)(2)(B), the Prior User
                              Legacy Equipment shall be used by Operator to
                              commence operation or continue operation, as
                              applicable, of the ITFS Channels in accordance
                              with SUBPARAGRAPH 2(a)(i)(1). In the event of a
                              Licensee Purchase, Licensee shall hold title in
                              the Prior User Legacy Equipment, but Operator may
                              use such equipment pursuant to the provisions of
                              this SUBPARAGRAPH 2(a) and FCC Rules. In the event
                              of an Operator Purchase) title shall be held by
                              Operator and, if used to operate the ITFS
                              Channels, such equipment shall be deemed leased to
                              Licensee for One Dollar ($1.00) per year subject
                              to the provisions of this SUBPARAGRAPH 2(a). If
                              Operator does not provide notice that Operator
                              desires Licensee to exercise such purchase right
                              or fails to tender to Licensee such funds by the
                              Equipment Notice Date, Licensee may purchase the
                              whole or any part of the Prior Use Legacy
                              Equipment free of any and all rights of Operator
                              thereto, and Licensee may use such equipment for
                              any purpose, provided, in the event of such
                              purchase, Licensee shall promptly remove acquired
                              Prior User Legacy Equipment from any Transmission
                              site

                                       4
<PAGE>

                              then being utilized by Operator to provide
                              transition services.

                        (C)   If (x) the Prior Use Agreement provides Licensee
                              with a right existing on the Effective Date to
                              continue to use any of the Prior User Legacy
                              Equipment, in lieu of or in addition to any right
                              to purchase the same, or to otherwise occupy any
                              one or more transmitter and/or hub reception sites
                              for the ITFS Channels for any period after the
                              expiration or termination of the Prior Use
                              Agreement (a "Hold-over Right"), and (y) Operator
                              shall tender to Licensee notice that Operator
                              desires Licensee to exercise such right and
                              Operator shall tender to Licensee such immediately
                              available funds as are required to exercise and
                              consummate such right by the date that is five (5)
                              days before the time stated in the Prior Use
                              Agreement by which Licensee must take any action
                              to exercise the Hold-over Right (the "Hold-over
                              Right Notice Date"), then Licensee shall use good
                              faith efforts, all at Operator's expense, to
                              exercise the Hold-over Right in accordance with
                              the terms of such right; provided, however,
                              Licensee shall not be required to, absent its
                              consent, and Licensee shall not without Operator's
                              prior written consent, invoke judicial processes,
                              invoke arbitral processes or take any other
                              extraordinary action to require the Prior User's
                              observance of such right; provided, further,
                              Licensee shall not be required to exercise such
                              Hold-over Right if such Hold-over Right is not
                              available or will be precluded because of the
                              existence of this Agreement. In the event that
                              periodic payments are required under the Prior Use
                              Agreement in exchange for the Hold-over Right,
                              Operator shall tender such payments to Licensee
                              reasonably in advance of their due dates to allow
                              Licensee to make such payments to the Prior User
                              via U.S. mail, and if such payments are so
                              tendered, Licensee shall timely make such
                              payments. If the exercise of the Hold-over Right
                              is an alternative, in whole or in part, to the
                              exercise of any option to purchase the Prior User
                              Legacy Equipment, then Operator may require
                              Licensee to exercise the rights in this
                              SUBPARAGRAPH 2(a)(i)(2)(C) to the extent that the
                              exercise of such rights would not conflict with
                              the exercise of the rights in SUBPARAGRAPH
                              2(a)(i)(2)(B).

                                       5
<PAGE>

                        (D)   In the event that Licensee exercises the Hold-over
                              Right, Licensee may restrict Operator's access to
                              the equipment at the Hold-over Right sites to the
                              extent required by the permission under which
                              Licensee continues to have access to such sites,
                              but Licensee shall cooperate with Operator, at
                              Operator's expense, to cause repair, maintenance
                              and installation personnel to have access as is
                              permissible to the site(s).

                        (E)   Upon request by Operator, Licensee agrees to
                              cooperate, at Operator's expense, with Operator in
                              negotiations with a Prior User to obtain access to
                              equipment or transmission sites on a transitional
                              basis in order to minimize the costs of transition
                              services provided by Operator pursuant to this
                              SUBPARAGRAPH 2(a), consistent with any rights of
                              Licensee described in this SUBPARAGRAPH 2(a).

                        (F)   Subject to SUBPARAGRAPH 2(a)(i)(2)(D), Operator
                              shall maintain, repair and replace any equipment
                              operated pursuant to this SUBPARAGRAPH 2(a) as
                              required for it to operate in accordance with
                              manufacturers' specifications and FCC Rules.

            (ii)  Within thirty (30) days of any request by Licensee, Operator
                  shall cease using and shall return to Licensee such Licensee
                  Legacy Equipment and Prior Use Legacy Equipment as requested
                  by Licensee in such notice (the "Identified Legacy
                  Equipment"). If the Identified Legacy Equipment is Prior User
                  Legacy Equipment constituting an Operator Purchase, Licensee
                  shall reimburse Operator the amount Operator actually paid the
                  Prior User for such equipment, minus any depreciation
                  accumulated during the period held by Operator for such
                  equipment within sixty (60) days of Licensee's receipt of such
                  equipment. The Identified Legacy Equipment shall be shipped by
                  Operator to such domestic location as named in Licensee's
                  notice and shall be delivered to Licensee in good operating
                  condition subject to normal wear and tear. If the removal of
                  such equipment would render any station operating on the ITFS
                  Channels inoperable, in whole or part, Operator shall, at
                  Operator's expense, replace such equipment on the day it is
                  dismantled with comparable equipment that meets the
                  requirements of FCC Rules and the applicable License.

            (iii) Distribution of Capacity Prior to Start Date. The full
                  capacity of the ITFS Channels, including all associated
                  response channels (if any), shall

                                       6
<PAGE>

                  be allocated to Licensee from the Effective Date until the
                  Start Date, provided Licensee shall, upon request by Operator,
                  permit Operator to enter into subleases of video excess
                  capacity to third parties in conformity with FCC Rules in
                  order to defray the costs of the analog transition services
                  provided by Operator pursuant to this SUBPARAGRAPH 2(a). All
                  proceeds from any such sublease shall be paid to and retained
                  by Operator. To comply with FCC Rules in the event of such
                  sublease, and in addition to such other requirements as may be
                  imposed by the FCC for such subleasing, all of which
                  requirements shall be satisfied by Operator at its sole
                  expense, either (x) a full ITFS Channel shall be reserved to
                  Licensee at the Primary Transmission Site during any such
                  sublease if requested by Licensee (the "Full Channel Option")
                  or (y) Licensee shall have reserved to Licensee such number of
                  hours in a week on one ITFS Channel as equals the product of
                  the number of ITFS Channels and twenty (20) (with such hours
                  falling during those times when schools ordinarily are in
                  session) (the "Partial Channel Option"). Operator, at its
                  expense, shall transmit educational programming provided by
                  Licensee for transmission over such ITFS Channel full-time, if
                  the Full Channel Option is selected, or for the specified
                  number of hours per week, if the Partial Channel Option is
                  selected. Further, during any such sublease, if the Partial
                  Channel Option is selected, Licensee shall have the
                  unabridgeable right to recapture, subject to six (6) months'
                  advance written notification by Licensee to Operator, an
                  average of an additional twenty (20) hours per ITFS Channel
                  per week. In the event that the sublease involves any Licensed
                  Booster Station or Unlicensed Booster Station in addition to a
                  Primary Transmission Site, Operator may sublease the entire
                  capacity of such booster station but Licensee shall maintain
                  the unabridgeable right to ready recapture at least forty (40)
                  hours per ITFS Channel per week for Licensee's services.

            (iv)  Digital Transition. Licensee shall cooperate with Operator's
                  efforts to plan for, construct and test the System at
                  Operator's expense prior to the Start Date, such cooperation
                  including the limitation of legacy operations as reasonably
                  requested by Operator for the purpose of System tests.
                  Licensee and Operator shall cooperate so as to minimize the
                  adverse impact on Licensee and its services of any such change
                  in the facilities or operating on the ITFS Channels. Licensee
                  shall be responsible for assisting its existing end users in
                  connection with the transition to digital transmission,
                  subject to Operator's obligations to provide equipment or
                  services expressly provided in this Agreement.

      b)    OPERATOR'S DIGITAL NETWORK.

                                       7
<PAGE>

            (i)   Subject to SUBPARAGRAPHS 3(b)(i) AND (ii), Operator will use
                  reasonable efforts to prepare FCC applications for two-way
                  facilities in the Market Area as soon as possible, subject to
                  Operator's overall business development plans approved by the
                  Board of Directors of Operator, or to the extent applicable,
                  by the Board of Directors of Operator's ultimate parent, and
                  consistent, to the extent reasonably achievable, with the
                  educational objectives of Licensee which involve the System.
                  Operator will use reasonable efforts to notify Licensee in
                  writing at least ninety (90) days prior to its plans to begin
                  developing two-way facilities in the Market Area, and to
                  submit written updates to Licensee of any material changes to
                  such plans, until such time that Operator has launched
                  services to the public in the Market Area. Subject to
                  SUBPARAGRAPH 3(b)(ii), the timing of such construction will be
                  at Operator's discretion, provided the construction shall be
                  consistent with the Licenses and FCC Rules.

            (ii)  The Parties intend that the System of which the ITFS Channels
                  will form a part will, subject to required FCC authorizations
                  and FCC Rules, provide an array of services and
                  functionalities selected by Operator in accordance with its
                  business plan, as such business plan may evolve from time to
                  time, and the Parties anticipate that the architecture of the
                  System and its service set will evolve in accordance with
                  technological developments and Operator's plan to employ
                  technological developments in its business. Accordingly, it is
                  the intention and the agreement of the Parties that this
                  Agreement shall be understood and interpreted in an expansive
                  fashion to adapt to such changes in technology, so as to give
                  effect to the original intent of the Parties as closely as
                  possible in order that the provisions hereof are given effect
                  as originally contemplated to the greatest extent possible.

            (iii) Subject to SUBPARAGRAPH 3(b)(ii), at such time as Operator
                  determines to construct a two-way system in the Market Area,
                  Operator shall notify Licensee and consult with Licensee on
                  the schedule. The date on which Operator commences digital
                  commercial operations on any ITFS Channel authorized by
                  special temporary or regular authority to Licensee in the
                  Market Area shall be deemed to be the "Start Date."

      c)    OPERATOR'S CAPACITY. Subject to FCC Rules, commencing on the Start
            Date, Licensee hereby provides to Operator all transmission capacity
            associated with the ITFS Channels ("Operator's Capacity"), other
            than such

                                       8
<PAGE>

            capacity on the ITFS Channels as is allocated to Licensee's
            Educational Reservation under SUBPARAGRAPH 2(d).

      d)    LICENSEE'S EDUCATIONAL RESERVATION.

            (i)   General. From the Start Date until the termination of this
                  Agreement (the "Operational Period"), Operator shall reserve
                  for Licensee's use in the System, at no expense to Licensee,
                  five percent (5%) of the Total ITFS Throughput Rate at the
                  time of determination, but in no event any less than the
                  reservation required by FCC Rules ("Licensee's Educational
                  Reservation"). Operator may cause the reservation of
                  Licensee's Educational Reservation through any reasonable
                  measures that effectively reserves Licensee's Education
                  Reservation for Licensee and its users; provided, however, no
                  such system shall impair Licensee's ability to effectively use
                  the full amount of Licensee's Educational Reservation to
                  provide services on the System equivalent to the generally
                  prevailing quality, functions, speed and performance of
                  services Operator provides to its other customers in the
                  Market Area. Operator shall cooperate with Licensee in
                  developing reasonable technical means and procedures to
                  determine, at Operator's expense, when the usage of Licensee
                  and Licensee's Permitted End Users taking service under
                  Licensee's Education Reservation (each, a "Five Percent User"
                  and, collectively, "Five Percent Users") exceeds Licensee's
                  Educational Reservation, provided that any such procedures
                  shall afford Licensee the opportunity to purchase additional
                  capacity in accordance with the terms of this Agreement in
                  lieu of accepting restrictions on usage. Licensee shall have
                  the right to distribute activations associated with Licensee's
                  Educational Reservation throughout the System in a
                  geographically even or uneven fashion in Licensee's
                  discretion, provided that in the event that activations of
                  additional Five Percent Users in the area served by particular
                  Transmission Equipment are not feasible due to the fact that
                  the System has no further capacity in that geographical area,
                  Operator shall not be obligated to permit such additional
                  activations unless and until it is commercially reasonable to
                  add capacity, as determined by Operator in its reasonable
                  business judgment, based upon demand requirements, including
                  those of Licensee. "Throughput" shall mean all data delivered
                  to or received from the end user, measured in total bytes, net
                  of overhead (such as forward error correction and framing).
                  "Throughput Rate" shall mean the data rate delivered to or
                  received from the end user, measured in bytes per second, net
                  of overhead (such as forward error correction

                                       9
<PAGE>

                  and framing). "ITFS Engineered Throughput Rate" shall mean the
                  maximum uplink and downlink Throughput Rate achievable on any
                  specific Transmission Equipment, measured in bytes per second,
                  as installed in the Market Area. "Total ITFS Throughput Rate"
                  shall mean the total of the ITFS Engineered Throughput Rates
                  of all Transmission Equipment as installed in the Market Area.
                  An example of the calculation of Total ITFS Throughput Rate
                  and of Licensee's Educational Reservation is set forth on
                  Exhibit C, page 1.

            (ii)  The Parties understand and agree that the following method of
                  effectuating Licensee's Educational Reservation set forth in
                  this SUBPARAGRAPH 2(d)(ii) and SUBPARAGRAPHS 2(d)(iii), (iv)
                  AND (v) is an acceptable interpretation of SUBPARAGRAPH
                  2(d)(i), for so long as Operator employs technology in the
                  System to which the following method can be applied. In
                  connection with Licensee's Educational Reservation, Licensee
                  shall be entitled to activate Five Percent Users at any End
                  User Throughput Rate then offered by Operator. "End User
                  Throughput Rate" shall mean the sum of the ordered uplink and
                  downlink Throughput Rates provided to an End User. For
                  example, an Operator offering an ordered Throughput Rate of
                  128 kbps upload and 128 kbps download equals an End User
                  Throughput Rate of 256 kbps. Licensee shall be permitted to
                  activate Five Percent Users with combined End User Throughput
                  Rates no greater than Licensee's Educational Reservation times
                  the Oversubscription Level ("Licensee's Throughput Rate
                  Entitlement"). "Oversubscription Level" means the number
                  utilized by Operator in its network activation and planning
                  activities in a Market Area that represents the number of
                  customer activations at an End User Throughput Rate offered by
                  Operator which Operator will permit for each increment of
                  Engineered Throughput Rate. "Engineered Throughput Rate" shall
                  mean the maximum uplink and downlink Throughput Rate
                  achievable on any specific transmission or reception equipment
                  in the System (other than backhaul equipment or CPE), measured
                  in bytes per second, as installed in the Market Area. The
                  Operator may change the Oversubscription Level from time to
                  time in Operator's sole discretion based upon the data traffic
                  generated by its customers. A sample calculation of Licensee's
                  Throughput Rate Entitlement is shown in page 1 of Exhibit C.
                  Licensee understands and acknowledges that the actual
                  Throughput speed of a Permitted End User may be restricted
                  from exceeding the ordered End User Throughput Rate by
                  Operator's network technology and Customer Premises Equipment.

                                       10
<PAGE>

            (iii) Licensee and Operator acknowledge that Operator's permitted
                  Oversubscription Level is based upon Operator's estimation of
                  the actual total Throughput of its customers, and that actual
                  total Throughput delivered to or received from Licensee's Five
                  Percent Users in any calendar month ("Licensee's Throughput")
                  may be less than or greater than such estimate, thereby
                  allowing action with respect to Five Percent Users as set
                  forth in clauses (iv) and (v). If Licensee desires to
                  determine if such difference exists in any calendar month,
                  Licensee shall request prior to the end of such calendar month
                  (the "Target Month"), and Operator shall provide Licensee by
                  the tenth (10th) day of the next calendar month, reports,
                  consistent with System capabilities, listing Operator's
                  permitted Oversubscription Level for the Target Month,
                  Operator's calculation of the use of Licensee's Educational
                  Reservation during the Target Month and each Five Percent
                  User's actual usage in total bytes for the Target Month,
                  separately stated for Peak Hours and Non-peak Hours (a
                  "Utilization Report"). If Operator desires to determine if
                  such difference exists in any calendar month, Operator shall
                  prepare a Utilization Report for the Target Month and shall
                  provide it to Licensee by the tenth (10th) day of the next
                  calendar month. To determine if a Utilization Report for a
                  calendar month indicates the right of Operator to require an
                  adjustment under SUBPARAGRAPH 2(d)(iv) or the right of
                  Licensee to require an adjustment under SUBPARAGRAPH 2(d)(v),
                  Operator shall make the following calculations:

                  (1)   The Operator shall calculate the amount of the
                        adjustment that would be required for Peak Hours by:

                        (A)   First, Operator shall determine, by measurement,
                              Licensee's Throughput for the Target Month.

                        (B)   Second, Operator shall multiply Licensee's
                              Educational Reservation times the number of
                              seconds during Peak Hours during the Target Month
                              ("Peak Benchmark").

                        (C)   Third, Operator shall divide Licensee's Throughput
                              by the Peak Benchmark, and the resulting quotient
                              shall be known as the Adjustment Ratio.

                        (D)   Fourth, Operator shall divide the Licensee's
                              Throughput Rate Entitlement by the Adjustment
                              Ratio,

                                       11
<PAGE>

                              and the quotient shall be known as the Adjusted
                              Licensee's Throughput Rate Entitlement.

                        (E)   Fifth, Operator shall determine the reduction or
                              increase to the Licensee's Throughput Rate
                              Entitlement by subtracting the Licensee's
                              Throughput Rate Entitlement from the Adjusted
                              Licensee's Throughput Rate Entitlement ("Peak
                              Adjustment Number"). If the result is a negative
                              number, there is an Excess Usage Situation and if
                              the result is a positive number, there may be an
                              Underutilization Situation.

                  (2)   For Non-peak Hours, Operator shall repeat the above five
                        steps (A) through (E), with the following exceptions:
                        (1) the term Non-peak shall replace Peak; (2) in step
                        (B) multiply the number produced by the calculation in
                        (B) by three (3) so as to triple the Benchmark
                        applicable to Non-peak Hours.

                  (3)   "Peak Hours" shall mean periods generally specified by
                        Operator for the System in its reasonable discretion
                        based upon System users' traffic patterns (whether
                        contiguous or in different periods of the day, that may
                        vary by day) of greatest usage of the System, as
                        specified by Operator in advance from time to time,
                        provided that only one specification of Peak Hours may
                        apply in any one (1) calendar month. "Non-peak Hours"
                        shall mean, with respect to any calendar month, all
                        hours which are not Peak Hours.

            (iv)  If either the Non-peak Adjustment Number or the Peak
                  Adjustment Number is negative for the Target Month (an "Excess
                  Usage Situation"), Licensee at Operator's request shall adjust
                  Licensee's Total Ordered Data Speeds downward by the lesser of
                  such adjustment number so as to result in Licensee's Total
                  Ordered Data Speeds for the second (2nd) calendar month
                  following such Target Month being equal to or less than the
                  Adjusted Licensee's Throughput Rate Entitlement. "Licensee's
                  Total Ordered Data Speeds" shall mean the sum of the End User
                  Throughput Rates for all Five Percent Users. This downward
                  adjustment may be accomplished, at Licensee's option, by any
                  combination of (x) converting Licensee-selected Five Percent
                  Users to paying customers in accordance with the terms of the
                  Licensee Service Contract, (y) reducing the ordered End User
                  Throughput Rate of Licensee-selected Five Percent Users to a
                  lower End User Throughput Rate then offered by Operator, or
                  (z) terminating the

                                       12
<PAGE>

                  subscriptions of Licensee-selected Five Percent Users. License
                  shall provide notice of its election no later than fifteen
                  (15) days after receipt of the Utilization Report, which
                  notice shall specify the identity of the customers to be
                  affected by its election, and the disposition of their
                  activations. An example of an Excess Usage Situation and a
                  sample reduction are set forth on Exhibit C, Page 3.

            (v)   If both the Non-peak Adjustment Number and the Peak Adjustment
                  Number are positive for the Target Month (an "Underutilization
                  Situation"), Licensee may, in Licensee's discretion, instruct
                  Operator to adjust Licensee's Total Ordered Data Speeds upward
                  by the lower of such adjustment numbers to produce Licensee's
                  Total Ordered Data Speeds for the second (2nd) calendar month
                  following such Target Month. This permitted upward adjustment
                  may be accomplished, at Licensee's option, by any combination
                  of (x) adding Five Percent User activations or (y) increasing
                  the ordered End User Throughput Rates of Licensee-selected
                  Five Percent Users.

      e)    Licensee's Wholesale Agreement, Reference Contract and Licensee
            Service Contract

            (i)   Wholesale Agreement. Between ninety (90) and sixty (60) days
                  prior to the initiation of service to the public in the Market
                  Area with the ITFS Channels, Operator shall provide Licensee
                  with a complete and, except for non-price and non-service
                  information as would identify the customer or any proprietary
                  technology of the customer, unredacted copy of each presently
                  effective, non-duplicative Wholesale Agreement whereby
                  Operator or any of its Affiliates offers any radio-based
                  transmission service or service including radio-based
                  transmission, either with or without other services and
                  equipment, to third parties in the Market Area. As used
                  herein, "Wholesale Agreement" means an agreement for the sale
                  to third parties who are not Affiliates of Operator, on an
                  arms length basis, of a package of wireless communications
                  services to a third party reseller who packages such services
                  and offers them on a retail basis without creating the
                  services. In the event that there are no such Wholesale
                  Agreements for the Market Area, Operator shall provide
                  Licensee with Wholesale Agreements for a reasonable number of
                  comparable market areas, if any, and such contracts shall be
                  considered the Wholesale Agreement for the Market Area,
                  provided Operator shall not be obligated to provide or offer
                  contracts which Operator reasonably determines are not
                  commercially reasonable or technically feasible in the Market
                  Area. In the event that Licensee

                                       13
<PAGE>

                  notifies Operator that Licensee may desire terms or conditions
                  other than those which appear in such Wholesale Agreements,
                  Licensee shall inform Operator and specify the general nature
                  of the terms and conditions desired, and Operator shall
                  provide Licensee with copies of Wholesale Agreements for areas
                  other than the Market Area that provide Licensee with
                  Licensee's desired terms and conditions, if any, provided
                  Operator shall not be obligated to provide or offer contracts
                  that Operator in its good faith judgment determines are not
                  commercially reasonable or technically feasible in the Market
                  Area. In the event that there are no Wholesale Agreements, the
                  Parties shall in good faith negotiate the terms of a Wholesale
                  Agreement for services that contain the discounts for
                  Licensee's Intermediate Capacity and Excess Capacity as
                  defined below, and including terms and conditions that take
                  into consideration all other provisions contained herein that
                  govern Licensee's provision of services in the Market Area.
                  "Affiliate" means an entity that controls, is controlled by or
                  is under common control with the subject entity or entities.

            (ii)  Reference Contract. Licensee shall be entitled to select any
                  Wholesale Agreement to serve as the basis for its contract
                  with Operator for any activation of Licensee's Educational
                  Reservation, Licensee's Intermediate Capacity and Excess
                  Capacity (a "Reference Contract"), and Operator and Licensee
                  shall be obligated to accept all terms, conditions, rights and
                  obligations associated with such contract, including, without
                  limitation, terms related to price, term, volume commitment,
                  and service levels, except (w) that the terms for the
                  provision of Customer Premises Equipment shall be in
                  accordance with PARAGRAPH 6 hereof; (x) that the price paid by
                  Licensee for services associated with Licensee's Educational
                  Reservation shall be zero, the price paid for Licensee's
                  Intermediate Capacity shall be governed by SUBPARAGRAPH
                  2(f)(i), and the price paid for Excess Capacity shall be
                  governed by SUBPARAGRAPH 2(f)(ii); (y) the provisions of
                  Subparagraph 2(h) shall govern Enhanced Features, Network
                  Management Services, Internet Transit for Five Percent Users
                  and Collocation, and (z) to the extent that any provision of
                  this Agreement contradicts any provision or requirement of
                  such Reference Contract, the applicable provision of this
                  Agreement shall control and shall be incorporated into such
                  Reference Contract to the extent required to eliminate such
                  contradiction.

            (iii) Licensee Service Contract. Upon selection of a Reference
                  Contract pursuant to SUBPARAGRAPH 2(e)(ii), Licensee shall
                  notify Operator

                                       14
<PAGE>

                  and immediately thereafter, Licensee and Operator shall
                  cooperate in good faith to diligently and expeditiously
                  execute and deliver an agreement on the terms and conditions
                  of the Reference Contract as modified by SUBPARAGRAPH 2(e)(ii)
                  (each, a "Licensee Service Contract"). Pending the execution
                  and delivery of a Licensee Service Contract, Operator shall
                  provide service to Licensee under the terms of the Reference
                  Contract subject to the provisions of SUBPARAGRAPH (2)(e)(ii).
                  Upon the expiration of one year following the date of
                  execution of the first Licensee Service Contract, or upon the
                  expiration or termination of any subsequent Licensee Service
                  Contract in accordance with its terms, Licensee shall be
                  entitled to select a replacement contract in accordance with
                  the provisions of SUBPARAGRAPH 2(e)(i) AND (ii). Accordingly,
                  in the event that Licensee notifies Operator of Licensee's
                  desire to execute a new agreement to replace the first
                  Licensee Service Contract, Operator shall repeat the Customer
                  Contract delivery, review, and Reference Contract selection
                  process described in Subparagraphs 2(e)(i) and (ii) provided
                  (x) Operator shall not be obligated to provide contracts from
                  other Market Areas if Operator is able to deliver at least six
                  (6) sample contracts to Licensee from the Market Area subject
                  to this Agreement, (y) the delivered sample contracts shall be
                  those in effect at the time of Licensee's notice and (z) the
                  time for completion of the Initial Delivery shall be thirty
                  (30) days after Licensee's notice. In this event, the existing
                  agreement between Operator and Licensee shall remain in effect
                  until superceded by a new agreement.

      f)    LICENSEE'S ADDITIONAL CAPACITY RIGHTS.

            (i)   Licensee's Right to Purchase Intermediate Capacity. In
                  addition to Licensee's Educational Reservation, Licensee may
                  during the Operational Period purchase additional transmission
                  capacity on the System from Operator in an amount up to double
                  the amount of Licensee's Educational Reservation ("Licensee's
                  Intermediate Capacity"). The terms of the Licensee Service
                  Contract then in effect shall govern the provision and use of
                  Licensee's Intermediate Capacity except that the price paid by
                  Licensee for each activation of Licensee's Intermediate
                  Capacity shall be set at (1)(A) if Operator sells transmission
                  capacity to wholesale customers in the Market Area,
                  eighty-five percent (85%) of the "Wholesale Price" which shall
                  be the lowest wholesale price generally made available by
                  Operator to its wholesale customers (who are not Affiliates of
                  Operator) for the Market Area, or (B) if Operator does not
                  sell

                                       15
<PAGE>

                  transmission capacity on a wholesale basis in the Market Area,
                  seventy percent (70%) of the "Retail Price" which shall be the
                  lowest retail price generally made available by Operator to
                  its retail customers in the Market Area, excluding promotional
                  pricing that is offered for a period of less than four (4)
                  months, plus (2) only those taxes Operator is required by law
                  to collect from Licensee, such as sales taxes. The Wholesale
                  Price shall include the value of all cash and non-cash
                  consideration received by Operator and its Affiliates,
                  including all tangible and intangible benefits accruing to
                  Operator and its Affiliates as a result of the business
                  relationship between Operator and the wholesale customer, as
                  reasonably determined by Operator in good faith. For example,
                  non-cash consideration that would be considered in determining
                  the Wholesale Price would include, but not be limited to, the
                  value of equity issued to or received from the wholesale
                  customer, the value of a customer base made available to
                  Operator and the value of spectrum made available to Operator.

            (ii)  Licensee's Right to Purchase Excess Capacity. During the
                  Operational Period, Licensee may purchase additional
                  transmission capacity on the System in an amount equal to the
                  Intermediate Capacity ("Excess Capacity"). The terms of the
                  Licensee Service Contract then in effect shall govern the
                  provision and use of such Excess Capacity; provided, however,
                  that (x) the price paid by Licensee for each activation of the
                  Excess Capacity shall be set at (1)(A) if Operator sells
                  transmission capacity to wholesale customers in the Market
                  Area, the Wholesale Price, or (B) if Operator does not sell
                  transmission capacity on a wholesale basis in the Market Area,
                  eighty percent (80%) of the Retail Price, plus (2) only those
                  taxes Operator is required by law to collect from Licensee,
                  such as sales taxes); and (y) Operator may defer its provision
                  of Excess Capacity to Licensee by providing notice to Licensee
                  to the extent that Operator's then-existing use of Operator's
                  Capacity (determined by the Oversubscription Level) would be
                  curtailed by meeting Licensee's request for Excess Capacity.
                  Such notice (a "Deferral Notice"), to be effective, shall
                  state with specificity reasons for the deferral, shall state
                  its maximum duration (which may not be in excess of three
                  hundred and sixty-five (365) days), shall state the projected
                  delivery date of portions of the Excess Capacity, if any,
                  during the deferral period (including the size of the
                  portions), and shall be delivered to Licensee within fifteen
                  (15) days after Licensee's delivery of its request for Excess
                  Capacity to Operator. If Licensee, following receipt of the
                  Deferral

                                       16
<PAGE>

                  Notice, still wishes to purchase the Excess Capacity after
                  reviewing such schedule, Licensee shall agree to accept and
                  pay for such Excess Capacity upon delivery, except that
                  Licensee may specify the dates for the provision of service,
                  which dates shall be no later than thirty (30) days after the
                  delivery date(s) set forth in such Deferral Notice. Delivery
                  dates specified in accordance with this SUBPARAGRAPH shall
                  form a part of the Licensee Service Contract then in effect
                  between Licensee and Operator for such Excess Capacity order.

            (iii) Operator shall inform Licensee promptly after Operator becomes
                  aware that Licensee has used all of Licensee's Intermediate
                  Capacity or Excess Capacity.

      g)    PROVISION OF BASIC SERVICES.

            (i)   Operator agrees to provide free of charge to each Five Percent
                  User, for each category of service used by such Five Percent
                  User, all services, capabilities and functionalities, and any
                  access to facilities that Operator and/or its Affiliates
                  ("Operator's Group") provides at no separately stated
                  additional charge to customers who subscribe to Operator's
                  basic package of services for such category generally
                  available at the time to customers in the Market Area, as such
                  basic package(s) of services shall be modified by Operator
                  from time to time (each, a "Basic Feature"). "Affiliate" means
                  an entity that controls, is controlled by or is under common
                  control with the subject entity or entities.

            (ii)  Licensee shall have the right to make reasonable requests for
                  information from Operator in order to verify the contents and
                  basis of Operator's selection of any basic package of services
                  offered to Licensee pursuant to SUBPARAGRAPH 2(g)(i) and
                  Operator shall provide such information promptly. In the event
                  that Licensee believes that any such package offered by
                  Operator to Licensee pursuant to SUBPARAGRAPH 2(g)(i) is not a
                  bona fide basic services offering, Licensee shall provide
                  written notice to Operator. The Parties shall thereafter
                  consult in good faith for no more than thirty (30) days in
                  order to address Licensee's claim, during which time Operator
                  shall give Licensee access to information in the possession of
                  Operator or any of its Affiliates in the Market Area that is
                  relevant to the issue. If the Parties are unable to reach
                  agreement following such consultation, Licensee and a
                  representative of Operator's management shall present their
                  respective positions in writing to the other Party within
                  thirty (30) additional days. Following the

                                       17
<PAGE>

                  submission of written positions, the parties shall consult in
                  good faith for a period of fifteen (15) additional days to
                  resolve these issues.

            (iii) If Licensee and Operator have not reached a mutually
                  acceptable agreement with respect to an appropriate basic
                  service package following completion of the dispute resolution
                  procedures set forth in SUBPARAGRAPH 2(g)(ii), the issue shall
                  be submitted for resolution pursuant to the Baseball
                  Arbitration procedures provided for in PARAGRAPH 14 hereof, as
                  modified by this SUBPARAGRAPH 2(g)(iii). Each Party shall
                  submit a service package then offered by Operator for
                  consideration by the Arbitrator. The Arbitrator in any such
                  proceeding shall select the basic service package in the
                  Market Area the Arbitrator determines to be the bona fide
                  Basic Feature offering of Operator for the applicable category
                  of service, in light of the following criteria (the "Basic
                  Service Criteria"): (1) whether the offering is commonly
                  available and utilized by subscribers to carriers of
                  comparable size in comparable markets; (y) whether it is
                  consistent with the basic service offerings of competitive
                  carriers of comparable size in terms of price and included
                  services, capabilities, functionalities, and access to
                  facilities. Licensee shall not be entitled to once again
                  invoke the dispute resolution procedures set forth in this
                  SUBPARAGRAPH 2(g) until one (1) year after the conclusion of
                  any arbitration proceeding under this SUBPARAGRAPH 2(g).

      h)    ADDITIONAL OPERATOR-PROVIDED SERVICES AND FACILITIES.

            (i)   In addition to Basic Features, Operator agrees to provide to
                  Five Percent Users all services, capabilities and
                  functionalities, and any access to facilities that any member
                  of Operator's Group makes generally available at the time to
                  customers in the Market Area for which Operator imposes a
                  separate charge (each such service, capability and
                  functionality and access to facilities, other than Network
                  Management Services, Internet Transit and Collocation, is
                  referred to as an "Enhanced Feature"), and only for so long as
                  Operator makes such Enhanced Feature generally available, at a
                  price equal to (x) for the period of one year after an
                  Enhanced Feature is made generally available to customers in
                  the Market Area, ninety percent (90%) of the average price
                  (plus only taxes Operator is required by law to collect from
                  Permitted End Users, such as sales taxes) then charged to
                  customers taking such Enhanced Feature in the Market Area for
                  comparable orders of capacity, excluding introductory offers
                  of temporary duration; and (y) at any time after

                                       18
<PAGE>

                  the expiration of the period of one year after an Enhanced
                  Feature is made generally available to customers in the Market
                  Area, eighty-five percent (85%) of the average price (plus
                  only taxes Operator is required by law to collect from
                  Permitted End Users, such as sales taxes) then charged to
                  customers taking such Enhanced Feature in the Market Area for
                  comparable orders of capacity, excluding introductory offers
                  of temporary duration. If Operator intends to cease offering
                  an Enhanced Feature, Operator shall give Licensee at least
                  such notice of discontinuance of such Enhanced Feature as it
                  provides generally to its customers who receive the particular
                  Enhanced Service. In the event that a dispute is pending under
                  SUBPARAGRAPH 2(g)(ii) OR (iii) as to whether any service,
                  capability, functionality or access to facilities is a Basic
                  Feature, Licensee may nonetheless take such disputed feature
                  during the pendency of such dispute in accordance with the
                  ordering and payment provisions of this SUBPARAGRAPH 2(h)(i)
                  and, if the dispute is ultimately resolved in Licensee's
                  favor, Operator shall refund the payments made for such
                  feature.

            (ii)  Operator shall periodically advise Licensee of new features
                  and functionalities of the System so as to allow Licensee to
                  better and more efficiently employ Licensee's Educational
                  Reservation in its educational mission and in service of the
                  needs and desires of Licensee's students and other Permitted
                  End Users.

            (iii) Operator shall make available to Licensee free of charge all
                  generally available comparable wireless carrier back-office
                  functionality, including trouble-reporting, fault isolation,
                  network management and other similar services, functions and
                  reporting performed by Operator's network operations center
                  ("Network Management Services") that Operator provides at no
                  separately stated charge to any wholesale customers of
                  Operator in the Market Area or, if there is a charge for such
                  services to such wholesale customers, Operator shall provide
                  each such service for which there is a charge at Operator's
                  generally applicable charge. In the event that Operator has no
                  wholesale customers in the Market Area, Operator shall make
                  available to Licensee free of charge the Network Management
                  Services that Operator customarily provides at no separately
                  stated charge to wholesale customers of Operator in other
                  comparable Market Areas where Operator has wholesale
                  customers. If Operator has no wholesale customers in any of
                  its Market Areas, then Operator shall provide Licensee with
                  such Network Management Services as are commonly and
                  customarily

                                       19
<PAGE>

                  provided by comparable wireless carriers to their wholesale
                  customers at no additional charge.

            (iv)  Operator shall provide to Licensee, at Operator's expense,
                  Internet Transit ("Internet Transit") for all Internet-bound
                  traffic generated by Five Percent Users at data speeds for
                  each such customer that are not less than those provided to
                  Operator's other customers who receive a service comparable in
                  data speed to that of the Five Percent User.

            (v)   Operator shall offer Collocation to Licensee in accordance
                  with all applicable terms and conditions directly related to
                  Operator's offering, if any, of Collocation to any other
                  customer of Operator in the Market Area, as selected by
                  Licensee (the "Collocation Reference Contract"), at such
                  Collocation points, if any, that Operator makes available to
                  any such customer, provided Operator shall not be obligated to
                  provide Collocation in any circumstance where such Collocation
                  is not practical for technical reasons or because of space
                  limitations. "Collocation" means an arrangement whereby
                  Licensee's facilities are terminated in Operator equipment (x)
                  necessary to interconnect with Operator's network or
                  facilities and (y) that is installed and maintained at the
                  premises of Operator, and shall include rack space to the
                  extent provided by Operator. Collocation shall consist of
                  physical collocation only, in which Licensee is responsible
                  for installing and maintaining its own equipment in Operator's
                  premises. If more than one Collocation arrangement is made
                  available to Operator's customers in a Market Area, Licensee
                  may select one such offering, subject to all applicable terms
                  and conditions directly related to such offering. Licensee
                  shall be responsible for all government approvals associated
                  with any collocation offering, including, but not limited to,
                  local zoning and/or building permits required for such
                  Collocation, and Operator shall use reasonable efforts to
                  assist Licensee in Licensee's efforts to obtain such
                  governmental approvals. At Licensee's request, Operator shall
                  also use reasonable efforts to obtain roof access rights for
                  Licensee to install and maintain a satellite dish at a
                  Collocation site, provided the acquisition of such roof rights
                  shall not interfere with the roof access needs of Operator.
                  Licensee and Operator shall execute an agreement governing the
                  Collocation arrangement on the material terms of the portions
                  of the Collocation Reference Contract that relate to
                  Collocation. In the event that Operator does not provide
                  Collocation, Operator shall, upon written request by Licensee,

                                       20
<PAGE>

                  provide to Licensee a service proposal setting forth the
                  price, term, location, service levels and other terms and
                  conditions under which Operator will provide Collocation,
                  which such price, term, location, service levels, time to make
                  Collocation available, access of Licensee to Operator's
                  premises, and other terms and conditions shall be reasonable
                  in all respects. Operator shall be entitled to quote a price
                  in any such service proposal which provides operating profit
                  margins and recovery of related capital expenditures
                  comparable to those received by Operator on its other services
                  in the Market Area. If utilization of Collocation by Licensee
                  requires interconnection of Licensee equipment or facilities
                  with equipment or facilities of Operator, any such collocation
                  arrangement shall also be subject to the requirements of
                  SUBPARAGRAPH 2(k)(ii). Operator shall provide such a service
                  proposal within thirty (30) days of receipt of Licensee's
                  request and shall negotiate in good faith with Licensee to the
                  end of reaching agreement for such Collocation on mutually
                  agreeable terms in a reasonably expeditious time frame.

      i)    SYSTEM-WIDE SCOPE OF LICENSEE'S EDUCATIONAL RESERVATION AND
            LICENSEE'S INTERMEDIATE CAPACITY. Subject to the overall limitations
            provided for herein, Licensee's Educational Reservation, Licensee's
            Intermediate Capacity and Excess Capacity shall be available, as
            provided herein, throughout the ITFS Channels, including any
            Transmission Equipment or unlicensed spectrum, MDS channel and ITFS
            channel transmitters and receivers (other than those used
            exclusively as Customer Premises Equipment at the premises of
            Operator's other customers), and shall include adequate backhaul and
            access to radio-carried response (return path) capacity, to the
            extent that radio-carried response (return path) capability is then
            made available by Operator, as desired by Licensee to use Licensee's
            Educational Reservation, Licensee's Intermediate Capacity and Excess
            Capacity.

      j)    SPECTRUM USE. Subject to the receipt of any necessary authorization
            of the FCC and FCC Rules, Operator's Capacity may be transmitted in
            such transmission formats or protocols as Operator may select from
            time to time. To the extent it is technically feasible, and Licensee
            elects not to use the transmission formats or protocols then used by
            Operator for Operator's Capacity, transmissions by Licensee and its
            Permitted End Users in the System shall be in a format or protocol
            and shall be limited to signals having formats, waveform
            transmission characteristics and emissions as will not interfere
            with systems then used or future systems when used by Operator in
            the System elements or sub-elements carrying such traffic.

                                       21
<PAGE>

      k)    INTERCONNECTION AND INTERNET ACCESS.

            (i)   Operator acknowledges that Licensee may require access, not
                  otherwise provided pursuant to this Agreement, to Internet
                  points of presence (including, for example, Internet Network
                  Access Points) for the transmission of Internet traffic.
                  Operator shall, upon written request by Licensee specifying
                  the nature of the connection desired, the location of the
                  desired connection and Licensee's proposed monetary
                  commitment, provide to Licensee a service proposal setting
                  forth the price, term, location, service levels and other
                  terms and conditions under which Operator will provide such
                  connection, which such price, term, location, service levels,
                  time to make such connection available, access of Licensee to
                  Operator's premises, peering arrangements, if available, and
                  other terms and conditions shall be reasonable in all respects
                  and, with respect to pricing, may be priced to provide
                  operating profit margins and recovery of related capital
                  expenditures comparable to those earned by Operator on its
                  services in the Market Area generally.

            (ii)  With respect to any Internet connections provided to Licensee
                  pursuant to SUBPARAGRAPH 2(k)(i), or in the event that
                  Licensee requires the connection of any equipment or
                  facilities supplied by Licensee to the facilities or equipment
                  of Operator in order to provide the services contemplated by
                  this Agreement to its Permitted End Users, and no other
                  provision of this Agreement or the applicable Licensee Service
                  Contract provides for the same, Operator and Licensee shall
                  cooperate in good faith to provide for such interconnection
                  through then available industry standard interfaces at such
                  points of interconnection as Operator determines in its good
                  faith judgment to be commercially reasonable. Operator's
                  obligation to provide any such interconnection is expressly
                  conditioned upon (i) the Parties' reaching prior written
                  agreement on routing, appropriate sizing and forecasting,
                  equipment, ordering, provisioning, maintenance, repair,
                  testing, augmentation, peering arrangements, if available,
                  reasonable compensation procedures and arrangements for
                  establishing and maintaining any interconnection arrangements,
                  reasonable distance limitations, and on any other arrangements
                  necessary to implement such interconnection and (ii) such
                  other appropriate protections as reasonably deemed necessary
                  by either Party. Any such arrangement shall be priced to
                  provide gross margins comparable to Operator's gross margins
                  on its services in the Market Area generally. In the event the
                  Parties agree to any such interconnection

                                       22
<PAGE>

                  arrangement, Licensee agrees to bear all expenses associated
                  with the purchase of facilities, equipment, materials,
                  circuits or services necessary to facilitate and maintain any
                  such interconnection arrangement on Licensee's side of the
                  interconnection point.

      l)    USE OF LICENSEE'S EDUCATIONAL RESERVATION AND LICENSEE'S ADDITIONAL
            CAPACITY. The Parties recognize that Licensee may sell or otherwise
            provide directly to nonprofit accredited and unaccredited
            educational institutions and other similar nonprofit institutions
            and their members (including Licensee and its Affiliates, "Permitted
            End Users") services utilizing the System. Licensee agrees that it
            shall utilize any capacity provided for under this Agreement for the
            provision or sale of service directly to Permitted End Users (such
            uses constituting "Permitted Uses"). Licensee acknowledges and
            agrees that sale to resellers of communications services is not a
            Permitted Use, and that Licensee shall provide Permitted End Users
            only under contract that prohibits Permitted End Users from
            reselling service or otherwise providing capacity to any third
            party; provided, however, nothing contained herein shall prohibit
            the sale of communication services by a Permitted End User directly
            to any individual to whom such Permitted End User provides
            educational services utilizing such communications services on a not
            for profit basis in the ordinary course of its business, to its
            employees or to students enrolled in the educational offerings of
            such Permitted End User.

      m)    IMPLEMENTATION OF CHANGES TO OPERATOR'S DIGITAL SYSTEM. Operator
            shall provide notice equal to the notice provided to its other
            customers in the Market Area of any changes in the System (each, a
            "System Change") that could impair the performance or functionality
            of Licensee or Permitted End Users' equipment using the System. All
            Operator replacements and upgrades shall be scheduled and completed
            so as to cause no more disruption to Licensee or its Permitted End
            Users than the System Change causes to Operator and its other
            customers. Further, Operator shall consult with Licensee reasonably
            in advance of the implementation of any System Change so that
            Licensee may assess the potential effects of proposed System Change
            on Licensee and its Permitted End Users, and Operator shall
            cooperate with Licensee to minimize the disruption caused by System
            Changes to Licensee and Licensee's Permitted End Users. Operator, at
            its expense, shall take such steps and make such equipment, software
            and services and infrastructure changes to Standard Customer
            Packages at the Primary Response Station Sites and Additional
            Standard Customer Packages as necessary or appropriate in the event
            of a System Change in equipment or software affecting such a
            station, including replacing the equipment and/or software of such
            station; and as necessary, reorienting or

                                       23
<PAGE>

            modifying the transceiver antennas at such response station (return
            path) sites if any such site experiences or would experience a
            material degradation in signal reception quality or transmission
            capability as a result of any relocation of or other changes to any
            associated Transmission Equipment, or change in the backhaul or
            communications systems used for interconnecting the System to
            facilities not a part of the System.

      n)    AVAILABILITY OF SERVICE. Provision of service by Operator to
            Licensee and Permitted End Users at any location is subject to
            System capabilities and the ability to establish an adequate radio
            link given topography, terrain, location and other factors to the
            Permitted End User. Operator shall provide Licensee free of charge
            with access to Operator's pre-qualification system, if any, applied
            generally by Operator in the Market Area to confirm service
            availability. Operator shall confirm service availability to a
            Permitted End User with such system prior to installation.

      o)    OPERATOR CONFIRMATION OF COMPLIANCE. Upon written request by
            Licensee no more than twice annually, Operator shall confirm in
            writing that any service, facility or feature required to be
            provided to Licensee in accordance with prices, terms or conditions
            provided to other customers of Operator are being provided in
            accordance with such prices, terms or conditions.

      p)    ACTIVATIONS AND DEACTIVATIONS OF LICENSEE'S SERVICES. Operator shall
            activate and deactivate, as requested by Licensee, Licensee's
            services on the System to Licensee and Permitted End Users
            consistent with the time frames Operator activates and deactivates
            similar services to its customers.

      q)    DETERMINATIONS WHEN CAPACITY SUBLEASED. Operator and Licensee
            acknowledge that portions of this Agreement describe Licensee's
            access to capacity, services and equipment by reference to access to
            the same Operator provides to its other customers, but that Operator
            may have subleased Operator's Capacity and therefor may not serve
            end-users directly. In those instances in which Operator does not
            serve end-users (not considering service by a reseller to itself),
            Operator's customers shall be deemed to be the end-users of the ITFS
            Channels' capacity and Operator shall obtain such information from
            the reseller or sublessee having the direct relationship with the
            end-user as is required to determine Licensee's access to such
            capacity, services and equipment.

      r)    PREEMPTION BY GOVERNMENTAL AUTHORITY. In the event that the FCC, or
            any other governmental entity having authority or apparent authority
            to so order, orders the cessation or curtailment of operations of
            any one or more of the ITFS Channels because of the existence of
            exigent or unusual

                                       24
<PAGE>

            circumstances, or as a part of the FCC's or any other governmental
            agency's efforts to control, isolate, detect or eliminate
            interference or real or potential harm from any of the Transmission
            Equipment or related equipment or operations, Operator shall comply
            with such order within the time frame specified in such order.

3.    TRANSMISSION SITES AND FACILITIES.

      a)    SYSTEM PARAMETERS. During the Operational Period, Operator shall
            purchase and maintain, at Operator's expense, all equipment
            necessary to operate the System in accordance with the terms of this
            Agreement and the Licenses.

            (i)   The current primary transmission site(s) of Licensee's ITFS
                  Channels are identified in Exhibit A (as such sites may be
                  changed from time to time, the "Primary Transmission Sites").
                  During the Operational Period, Operator shall purchase at
                  Operator's expense and lease to Licensee all equipment located
                  at Primary Transmission Sites which regularly operates on the
                  ITFS Channels (the "Primary Transmission Equipment"). Subject
                  to PARAGRAPH 26, Operator shall maintain and operate the
                  Primary Transmission Equipment during the Term of this
                  Agreement solely at its expense.

            (ii)  During the Operational Period, if any of the ITFS Channels
                  regularly is transmitted at Operator's request by an
                  FCC-licensed booster station (a "Licensed Booster Station"),
                  Operator shall purchase and maintain, at Operator's expense,
                  and lease to Licensee the equipment associated with such
                  Licensed Booster Station to transmit each ITFS Channel in the
                  System then-authorized to Licensee (the "High Power Booster
                  Station Equipment"). When, during the Operational Period, any
                  of the ITFS Channels is regularly transmitted at Operator's
                  request by a Licensed Booster Station that does not require an
                  FCC license ("Unlicensed Booster Station"), Operator shall
                  lease to Licensee the equipment associated with such
                  Unlicensed Booster Station to transmit the ITFS Channel ("Low
                  Power Booster Station Equipment").

            (iii) During the Operational Period, Operator shall supply Licensee
                  with the right, at Operator's expense, to use the signal
                  processing equipment and associated software, if any, that
                  processes the signal(s) transmitted over transmission capacity
                  then allocated or provided to Licensee under PARAGRAPH 2.

                                       25
<PAGE>

            (iv)  During the Operational Period, Operator shall supply Licensee
                  with a right to use, at no expense to Licensee, all reception
                  equipment at each Unlicensed Booster Station regularly
                  transmitting and/or receiving an ITFS Channel.

            (v)   During the Operational Period, Operator shall purchase and
                  maintain, at Operator's expense, and lease to Licensee, all
                  hub receive site receiving equipment ("Hub Receive Equipment")
                  tuned or regularly used to receive any ITFS Channel at any hub
                  receive site ("Hub Receive Site").

            (vi)  During the Operational Period, Operator shall purchase,
                  maintain and replace for Licensee, at Operator's expense, and
                  shall supply Licensee with the right to use, the shared radio
                  frequency equipment at each Primary Transmission Site (the
                  "Common Equipment"), at each Licensed Booster Station site and
                  at each Hub Receive Site, including antenna and wave guide, if
                  any. During the Operational Period, Operator shall supply
                  Licensee with a right to use, at no expense to Licensee, the
                  equivalent equipment at each Unlicensed Booster Station site
                  transmitting and Hub Receive Site regularly receiving an ITFS
                  Channel to the extent necessary to transmit or receive such
                  ITFS Channel during the Operational Period.

            (vii) Any and all leases provided for in this SUBPARAGRAPH 2(a)
                  shall be subordinate to any lien, security interest or other
                  rights of any secured lender or other secured party providing
                  financing to Operator or to any Affiliate of Operator.

            (viii) All equipment and software leased or otherwise provided to
                  Licensee pursuant to SUBPARAGRAPHS 2(a)(i)-(vii) shall be
                  leased or otherwise provided for the sum of One Dollar ($1.00)
                  per year. To the extent that any such equipment also operates
                  on frequencies licensed to another FCC licensee, the lease
                  provided herein shall be subject to the grant of a similar
                  lease or use right to any such licensee.

            (ix)  All equipment provided for in this SUBPARAGRAPH 2(a) shall be
                  installed, maintained and operated by Operator in compliance
                  with FCC Rules.

            (x)   For purposes of this Agreement, any and all Primary
                  Transmission Equipment, High Power Booster Station Equipment,
                  if any, Low Power Booster Station Equipment, if any, Hub
                  Receive Equipment, if any, Common Equipment, any related
                  software, and any other

                                       26
<PAGE>

                  transmission and/or reception equipment operating on the ITFS
                  Channels in the Market Area, as such equipment may be
                  modified, replaced, or upgraded by Operator from time to time,
                  but not including response stations (return path) or other
                  transmission and/or reception equipment located and operated
                  at the premises of Licensee, a Permitted End User, or a
                  customer of Operator (each, an "End User") for the
                  transmission or reception of communications by any such End
                  User and not for relay purposes, shall be referred to as
                  "Transmission Equipment." Response stations (return path) or
                  other transmission and/or reception equipment located and
                  operated at the premises of an End User, for the transmission
                  or reception of communications by any such End User and not
                  for relay purposes shall be referred to as "Customer Premises
                  Equipment". Consistent with SUBPARAGRAPH 2(b)(ii), the parties
                  understand and agree that references in this Agreement to
                  System elements and components (for example, Hub Receive
                  Sites) shall not be construed to create an obligation on the
                  part of Operator to utilize a particular network architecture,
                  or to utilize any particular network equipment or components
                  other than those selected by Operator in its business judgment
                  from time to time, consistent with this Agreement (including
                  SUBPARAGRAPH 2(b) AND 3(c)) and FCC Rules.

      b)    STATION MODIFICATIONS.

            (i)   From time to time, but subject to Licensee's consent (which
                  consent will not be unreasonably delayed or withheld),
                  Operator may determine that it desires Licensee to seek FCC
                  approvals required to modify the use of the ITFS Channel(s) or
                  that additional FCC authorizations are necessary or convenient
                  for the use of the ITFS Channel(s). Examples of such
                  modifications and/or authorizations include, but are not
                  limited to, changing the authorized digital emission(s) of the
                  ITFS Channel(s), changing their transmission power, or
                  reconfiguring, adding or relocating Transmission Equipment. In
                  such event, Operator shall inform and consult with Licensee
                  regarding any such proposed modification or authorization, and
                  provide Licensee with such engineering studies and technical
                  information as Licensee may reasonably request to determine
                  whether Licensee shall consent to the modification. Licensee
                  shall not unreasonably withhold its consent to any such
                  modification or new authorization. Licensee agrees to utilize
                  reasonable best efforts to review and process information and
                  materials provided by Operator in connection with any
                  application and to respond to Operator in a commercially
                  reasonable and timely manner. If such

                                       27
<PAGE>

                  consent shall be given in writing and following Licensee's
                  receipt from Operator of such FCC applications for
                  authorization of such modification or grant of such additional
                  authorization in form and substance reasonably acceptable to
                  Licensee, Licensee shall complete such applications and shall
                  file such applications at the FCC no later than the later of
                  ten (10) days after Licensee's receipt of such applications
                  and the first date that the FCC accepts that type of
                  application. Following such filing, Licensee shall use its
                  reasonable best efforts to cause the grant of any such
                  application by the FCC, and shall file such supplements,
                  amendments, documents or reports as may reasonably be
                  requested for grant of such application or authorization.
                  Operator shall, pursuant to PARAGRAPH 5, reimburse Licensee's
                  Expenses for the preparation, analysis, review, filing and
                  prosecution of each application or filing made by Licensee,
                  including appeals of partially or fully adverse actions,
                  undertaken to seek authorizations and licenses to implement
                  such Operator proposals.

            (ii)  Operator, at its expense, shall construct the facilities used
                  to operate or receive the ITFS Channels before the end of the
                  construction period stated in the modification or additional
                  authorization (as such may thereafter be extended). Operator
                  and Licensee shall cooperate so as to complete construction in
                  accordance with Operator's reasonable schedule and plans. In
                  the event that unforeseen business circumstances make it
                  unduly burdensome or impractical for Operator to complete
                  construction of two-way facilities following initial
                  authorization within the FCC-specified construction period,
                  Licensee agrees to cooperate in the filing and prosecution of
                  such extension requests as Operator may reasonably request to
                  extend the construction period for a reasonable period beyond
                  the circumstances, provided Licensee shall not be obliged to
                  seek any such extension to the extent that Licensee reasonably
                  believes that the FCC will not grant the proposed extension.

            (iii) The Parties agree that it is in their mutual best interest,
                  and that of each of their customers, to prevent and limit
                  interference to operations the operators on the ITFS Channels.
                  The Parties further recognize that the grant and receipt of
                  interference consents may be necessary to construct and
                  operate the System efficiently and to comply with FCC Rules
                  requiring cooperative resolution of interference issues.
                  Subject to such Licensee control as is required by the FCC,
                  Licensee and Operator agree to cooperate in good faith to
                  consider the terms under which Licensee may provide
                  interference

                                       28
<PAGE>

                  consents in any particular situation in order to maximize
                  Operator's ability to efficiently engineer its Transmission
                  Equipment during the Operational Period while protecting
                  Licensee's independent interests in preserving the viability
                  of operations on the ITFS Channels and the protection of the
                  reception of the ITFS Channels from interference. To promote
                  this process, Licensee and Operator shall use reasonable best
                  efforts to promptly make available to each other all
                  information in their possession reasonably necessary or
                  appropriate to inform the Parties' consideration of proposed
                  interference consents. Operator shall perform necessary work
                  on behalf of Licensee, at Operator's expense, required to
                  implement such agreements or consents. Licensee shall not use
                  a demand for monetary compensation, other than the
                  reimbursement of Licensee's expenses of negotiation and
                  compliance, as a reason not to enter into any interference
                  consent agreement. Without limiting the foregoing, Licensee
                  and Operator shall use their respective reasonable best
                  efforts to maximize protection of the ITFS Channels from
                  interference and the foreclosure of service to the Market
                  Area, including, without limitation, by making FCC filings in
                  opposition to third party applications, consistent with FCC
                  Rules and the Parties' contractual and legal obligations.

      c)    EFFORTS TO SECURE SPECIAL TEMPORARY AUTHORIZATIONS. Promptly after
            Operator's request, Licensee shall apply to the FCC for special
            temporary authorization or developmental authorization ("STA") to
            operate the ITFS Channels in such configuration or configurations as
            Licensee may reasonably accept for such temporary period. Such STA
            application shall be in form and substance reasonably acceptable to
            Licensee and Operator. Operator is authorized to operate the ITFS
            Channels in accordance with the STA and this Agreement. Licensee
            shall use commercially reasonable efforts to keep such STA in full
            force and effect to the extent the FCC shall allow by taking such
            actions as are required to do so, including applying to the FCC to
            renew and extend such STA, until such time as the FCC shall have
            granted Licensee regular authorization to operate the ITFS Channels.
            Operator shall, pursuant to PARAGRAPH 5, reimburse Licensee's
            Expenses for the preparation, filing and prosecution of each such
            application or filing.

      d)    SITE LEASES. Operator shall negotiate all site leases for locations
            where Transmission Equipment is operated and Operator shall be the
            lessee thereunder. Operator shall pay the full cost of such leases
            (including all rental, reimbursements and pass-throughs). Operator
            agrees to cooperate with Licensee and to use reasonable best efforts
            to assist Licensee, when requested by Licensee, upon the expiration
            of any master site lease or other

                                       29
<PAGE>

            site leases covering such sites, in obtaining the rights to utilize
            or lease any site utilized by Operator, following the expiration or
            termination of this Agreement, provided Licensee shall pay any
            increase in rent resulting from the grant of any such rights.
            Operator shall not be required to accept adverse conditions in order
            to obtain any such rights for Licensee and, except to the extent
            Licensee's occupation of a site is pursuant to PARAGRAPH 9, Licensee
            shall bear the site rent for the period of its occupancy of a site
            after the expiration or termination of this Agreement. To the extent
            that Operator has the right to grant any such rights to Licensee
            under an existing lease, Operator shall do so.

      e)    STATION IDENTIFICATION. During the Term, Operator shall cause the
            Transmission Equipment to transmit any identification information to
            the extent required by the FCC, and in such form or forms as the FCC
            may then require. If the FCC shall require any response station
            (return path) provided by Operator to transmit any identification
            information, Operator at its expense shall take such steps as
            required to comply with such FCC requirement.

      f)    INSTALLATION OF RESPONSE STATIONS AND TRANSMISSION EQUIPMENT.
            Operator shall construct and install all Transmission Equipment and
            response station (return path) equipment in accordance with FCC
            Rules, including such procedures then-required by the FCC (such as
            professional installation and advanced notice to licensees of ITFS
            receivers near the proposed response station site), and the orders
            of the Occupational Safety and Health Administration (including any
            previous or future successor to its powers and functions, "OSHA")
            and OSHA regulations.

4.    FEES.

      a)    ROYALTY FEES GENERALLY. Commencing on December 1, 2003, Operator
            shall pay to Licensee monthly royalty fees equal to $0.09 per CPOP,
            calculated on a net present value basis, as a thirty (30) year
            annuity discounted at ten percent (10%) and growing at a three
            percent (3%) annual growth rate split into twelve (12) payments per
            year as reflected on Schedule 4(a).

      b)    FAIR MARKET VALUE ROYALTY FEES.

            (i)   Within sixty (60) days following a Decoupling Event (as
                  defined below), Licensee may cause the monthly royalty fees
                  (the "Royalty Fee") payable by Operator to Licensee to be
                  reset from those stated on Schedule 5(a) to an amount equal to
                  the Fair Market Value Royalty Fee. A "Decoupling Event" shall
                  occur upon the sale of all

                                       30
<PAGE>

                  or substantially all of the assets of Operator due to a
                  voluntary or involuntary insolvency proceeding being commenced
                  against Operator which is not dismissed within sixty (60) days
                  or the winding up of Operator's business operations, or upon
                  an assignment or transfer of this Agreement that is not
                  permitted under either this Agreement or the Spectrum
                  Agreement. For clarification, a "Decoupling Event" shall not
                  have occurred upon the sale of all or substantially all of the
                  assets of Operator's business as a going concern. The "Fair
                  Market Value Royalty Fee" shall be the highest reasonable
                  periodic royalty rate that a willing, third party capacity
                  operator could be expected to pay for the use of Operator's
                  Capacity in an arms-length transaction, assuming a remaining
                  use period of not less than ten (10) years. To establish the
                  Fair Market Value Royalty Fee, Licensee must notify Operator
                  that Licensee wishes to establish the Fair Market Value
                  Royalty Fee. The date of such notice is referred to as
                  "Licensee's Notice Date". Within ten (10) days of Licensee's
                  Notice Date, Operator and Licensee shall meet to discuss and
                  attempt to agree upon the Fair Market Value Royalty Fee. Such
                  discussions shall continue for not more than ten (10) days.
                  If, at the end of that time, the Parties have not agreed upon
                  the Fair Market Value Royalty Fee, the matter shall be
                  promptly submitted to arbitration under the Baseball
                  Arbitration procedures set forth in PARAGRAPH 13. Within the
                  Submission Period, each of the Operator and Licensee shall
                  submit to the arbitrator its own proposal for the Fair Market
                  Value Royalty Fee. If the arbitrator determines that the
                  proposals reasonably can be expected to result in monthly
                  royalties that do not differ by more than five percent (5%) of
                  the proposal the arbitrator believes will generate the higher
                  royalties, then the arbitrator shall fashion a royalty
                  provision which reasonably is expected to result in monthly
                  royalties that are between the monthly royalties that would be
                  expected under the competing proposals. Otherwise, the
                  arbitrator shall determine which proposal he or she believes
                  to be closer to the Fair Market Value Royalty Fee and shall
                  select that proposal as the Fair Market Value Royalty Fee.
                  Upon such selection, the monthly royalty set forth on Schedule
                  5(a) shall automatically be changed to the selected Fair
                  Market Value Royalty Fee, and that change shall relate back to
                  Licensee's Notice Date. Operator shall have thirty (30) days
                  to pay Licensee the difference between the Fair Market Value
                  Royalty Fee and the amount of royalties paid for the period
                  starting with Licensee's Notice Date and ending on such
                  selection date, and no interest or penalties shall accrue as a
                  result of such deficiency being unpaid during such period.
                  Licensee shall bear thirty percent (30%) and

                                       31
<PAGE>

                  Operator shall bear seventy percent (70%) of the expenses and
                  fees of such arbitrator and the AAA, and each party shall bear
                  its own attorneys' fees, experts' fees and out-of-pocket costs
                  of such arbitration.

            (ii)  Operator shall, for a period of at least two (2) years after
                  their creation, keep, maintain and preserve complete and
                  accurate records by which Fair Market Value Royalty Fees due
                  hereunder may be audited. Such records shall be made available
                  for inspection and audit no more than twice in any calendar
                  year by Licensee or its designee at Operator's address listed
                  in SUBPARAGRAPH 16(i), during normal business hours, upon at
                  least seven (7) days' advance written notice.

      c)    PAYMENTS AND LATE CHARGES. Operator shall transmit to Licensee each
            monthly Royalty Fee payment accompanied by a statement showing how
            the Royalty was calculated by the twenty-fifth (25th) day of the
            next calendar month. All payments from Operator to Licensee shall be
            paid by bank check made payable to the order of Licensee, mailed to
            Hispanic Information and Telecommunications Network, Inc., 449
            Broadway, 3rd Floor, New York, NY 10013, Attn: Accounting
            Department, or mailed to such other address as Licensee shall
            designate in writing to Operator. If Operator shall fail to make the
            whole or any part of a payment to Licensee required by the terms of
            this Agreement within ten (10) days of the due date therefore, then
            interest shall accrue on such delinquent amount (both before and
            after judgment) at the lesser of the highest lawful rate and the
            rate of one and one-half percent (1.5%) per month (based upon a
            thirty (30) day month) and shall be payable upon Licensee's demand.

      d)    NET TAXES, ETC. All payments required to be made by Operator to
            Licensee under this Agreement are net to Licensee. If federal, state
            or local taxes or assessments (other than taxes assessed on the
            income or assets of the Licensee) are applicable, or become
            applicable, to the whole or any part thereof, then Operator shall
            pay such taxes and assessments and Operator shall indemnify and hold
            harmless Licensee for any liability for such taxes and assessments,
            including reasonable attorneys' fees and costs associated with
            defending against liability for such taxes and assessments;
            provided, however, that Licensee shall bear any interest, penalties
            or fines which are not attributable to any act or omission of
            Operator. In the event Operator is prohibited by law from paying any
            such taxes or assessments, then the payment required by this
            PARAGRAPH 4 shall be increased by such amount as is required to
            ensure that Licensee's compensation hereunder, after

                                       32
<PAGE>

            paying such taxes and assessments, is not below such compensation as
            Licensee would receive absent payment of such taxes and assessments.

5.    LICENSEE'S EXPENSES.

      a)    Subject to this PARAGRAPH 5, not later than thirty (30) days after
            receipt of detailed invoices from Licensee, Operator shall reimburse
            Licensee or its designated counsel directly, for all reasonable,
            out-of-pocket expenses actually incurred by Licensee (net of any
            credits, refunds or retainers previously paid by operator to
            Licensee or its counsel for such expenses), and that are not after
            the Effective Date in connection with this Agreement at the request
            of Operator, including legal and engineering consulting expenses
            incurred in Licensee's efforts to obtain, renew, maintain and modify
            its authorization(s) for the ITFS Channels; Licensee's counsels'
            efforts to evaluate, prepare and advise with respect to applications
            to the FCC filed by Licensee or to renew any License; Licensee's
            counsels' efforts to prepare and prosecute any petition to deny,
            objection or appeal request by Operator or submitted to protect any
            License; Licensee counsels' efforts to analyze and report on any
            proposal submitted by Operator; to negotiate any site lease with
            respect to this Agreement; and Licensee's counsels' efforts to
            defend this Agreement, its provisions before the FCC, courts,
            arbitrators and appellate forums; and Licensee counsels' efforts to
            provide assistance to Licensee as requested by Operator from time to
            time (collectively referred to as "Licensee's Expenses"); provided,
            however, any such expense for which Licensee seeks reimbursement
            which is in excess of One Thousand Dollars ($1,000) shall have been
            approved by Operator prior to the time such expense was incurred,
            which approval shall not be unreasonably withheld; provided,
            further, however, if after such approval, any event occurs which
            leads Licensee to believe that the approved cap of Licensee's
            Expenses for any action will not fully cover Licensee's Expenses,
            Licensee shall have the right to request that Operator raise the cap
            to the new amount that is Licensee's reasonable estimate of
            Licensee's Expenses and, absent such approval, Licensee may relieve
            itself of the obligation for which Licensee's Expenses are to be
            paid hereunder.

      b)    Notwithstanding anything to the contrary in this Agreement, in the
            event that Licensee files, at Operator's request, an application to
            modify any License, and such application is or becomes subject to
            disposition by the FCC through a competitive bidding procedure,
            Licensee shall participate in such competitive bidding procedure as
            a bidder and shall submit bids in such auction to the extent that
            Operator agrees (i) to defray the upfront payment required to bid in
            such auction for such authorization and (ii) to defray bids by
            Licensee for the grant of such License modification(s);

                                       33
<PAGE>

            provided, however, Licensee's bids and Licensee's total financial
            obligation to the federal government may exceed the amount Operator
            has agreed to defray, but such excess shall be the sole
            responsibility of Licensee. Licensee shall not submit any bids in
            such auction procedure without first consulting with Operator.
            Operator shall have the right to modify the maximum bid amount
            Operator has agreed to defray, by notice to Licensee, but no such
            modification shall reduce that amount below the portion of the last
            bid preceding such notice that would be Operator's responsibility to
            pay. In the event that Operator declines to authorize bidding or
            declines to authorize further bidding once bidding has commenced,
            Licensee may thereafter bid, but shall not be required to bid, at
            its own expense.

      c)    Operator shall pay all taxes and other governmental charges assessed
            against its equipment, without cost to or reimbursement by Licensee.
            In addition, if the FCC or any governmental body collects any
            regulatory, spectrum or similar fees (including any excise tax) with
            respect to the ITFS Channels or Operator's Capacity, Operator shall
            pay such fees.

6.    ADDITIONAL OPERATOR-SUPPLIED EQUIPMENT AND SERVICES.

      a)    PRIMARY SUBSCRIBER RESPONSE STATIONS. At any time during the
            Operational Period Operator shall provide and install for the use of
            Licensee or a Permitted End User, at Operator's expense, one
            standard Customer Premises Equipment package (a "Standard Customer
            Package"), at up to twenty five locations selected by Licensee (the
            "Primary Response Station Sites"). A Standard Customer Package shall
            consist of the lowest cost Customer Premises Equipment package made
            generally available at the time to Operator's retail customers in
            the Market Area permitting full utilization of the lowest cost tier
            of service generally available at the time to retail customers in
            the Market Area. The number of Primary Response Station Sites shall
            provided to Licensee at Operator's expense shall equal twenty-five
            (25). Upon provision, each such Standard Customer Package at a
            Primary Response Station shall be deemed the exclusive property of
            Licensee or its designee.

      b)    LICENSEE ACCESS TO ADDITIONAL RESPONSE STATION EQUIPMENT. At such
            time that Licensee requires more than twenty-five Standard Customer
            Packages, Operator shall provide, install for the use of Licensee or
            a Permitted End User and activate on the System, additional Standard
            Customer Packages ("Additional Standard Customer Packages"), certain
            of which may be nonstandard ("Nonstandard Installations"). Each such
            Additional Standard Customer Package or Nonstandard Installation
            shall be made available at a price equal to the greater of (i) the
            price then generally

                                       34
<PAGE>

            offered to Operator's wholesale customers in the Market Area which
            customers are most comparable to Licensee with respect to the price
            such customers pay for capacity and the volume of capacity purchased
            or, if Operator has no wholesale customers in the Market Area, then
            eighty percent (80%) of the price generally offered to those retail
            customers in the Market Area who pay the lowest subscription prices
            for Operator's services, or (ii) Operator's out-of-pocket cost of
            supplying such equipment and installation.

      c)    MAINTENANCE OF STANDARD CUSTOMER PACKAGES. Operator shall at its
            expense provide the first on premises service call required for each
            Primary Response Station Site. Operator shall provide any additional
            on-premises service at a price no greater than the lowest price
            (plus only taxes Operator is required by law to collect from the
            party receiving the service call, such as sales taxes) then
            generally offered to customers of Operator in the Market Area
            ordering comparable amounts of capacity. Notwithstanding any other
            provisions of this Agreement: (i) Licensee shall bear the expenses
            of maintenance, repair and replacement of Standard Customer Packages
            if such maintenance, repair or replacement is required because of
            misuse, negligence, theft or vandalism; and (ii) Operator shall not
            be required to eliminate or reduce interference caused by Licensee
            or a Permitted End User.

      d)    UPGRADES. Subject to SUBPARAGRAPH 2(k), Operator shall make
            available to Licensee and Permitted End Users any equipment or
            software upgrades and associated services that Operator makes
            generally available to other customers of Operator in the Market
            Area receiving comparable services in the event of a System change
            in equipment or software, on the same terms and conditions as
            Operator makes generally available. In the event that any equipment
            upgrade involves any replacement of equipment, the replaced
            equipment and the ownership of the replaced equipment shall be
            returned to Operator and the equipment provided in replacement of
            such equipment shall be owned by Licensee.

7.    APPROVAL OF AGREEMENT; PROSECUTION OF APPLICATIONS AND PETITIONS;
      PROTECTION OF LICENSES.

      a)    REASONABLE BEST EFFORTS TO SECURE APPROVAL OF THIS AGREEMENT. The
            Parties recognize that this Agreement may be required to be filed
            with the FCC and that the FCC may, by formal or informal action
            (including oral requests of FCC staff), request Licensee to change
            or eliminate one or more provisions in this Agreement, or add one or
            more provisions to this Agreement. In that event, the Parties shall
            cooperate, at Operator's expense, to defend the provisions of this
            Agreement to the extent feasible

                                       35
<PAGE>

            and, should efforts to defend the provision fail, to comply with any
            request for such a change as may be imposed as a condition to
            leasing under this Agreement.

      b)    COOPERATION ON FCC MATTERS. Except for FCC license and license
            modification applications, Licensee shall file at the FCC petitions,
            requests and other such comments, consents, objections, petitions,
            requests or other filings with respect to any other stations,
            authorizations, applications, proposals or amendments as may be
            reasonably requested by Operator, provided Licensee finds a good
            faith basis for the filing of any such comments, objections or
            petitions. Licensee shall have no obligation to participate or to
            take any position in any rule making proceeding. Licensee and
            Operator shall each promptly notify the other of any event of which
            it has knowledge that may affect any license, permit or
            authorization for any ITFS Channel. Except for the execution and
            delivery of interference consents and agreements, Licensee shall
            cooperate, at Operator's expense, but shall not be required to
            accept any adverse conditions, with Operator's efforts to cause
            other ITFS and MDS operators to collocate at the Primary
            Transmission Sites and Licensed Booster Station sites. Operator and
            Licensee understand that the FCC may change, or may have changed,
            after the date of the Spectrum Agreement those actions, activities
            and agreements that must be taken or must exist for an ITFS station
            licensee to allow third party use of the capacity of its station (a
            "FCC Use Change"). In the event that an FCC Use Change occurs, or
            has occurred since the date of the Spectrum Agreement, and such FCC
            Use Change either by itself or with other FCC Use Changes, increases
            the cost to Licensee of complying with this Agreement, then Operator
            shall reimburse such costs.

8.    DEFAULT AND TERMINATION.

      a)    TERMINATION OF FCC LICENSES. This Agreement shall terminate as to
            any ITFS Channel upon the expiration, without FCC renewal, of any
            License necessary to operate on such ITFS Channel, or the revocation
            of any License necessary to operate on such ITFS Channel; provided,
            however, this Agreement shall not terminate as to such ITFS Channel
            notwithstanding the expiration or revocation of any such License for
            it for so long as an application to renew the License or reconsider
            revocation is pending or subject to lawful and timely
            reconsideration, review or appeal and Licensee continues to have
            authority to operate such ITFS Channel.

      b)    TERMINATION BY REASON OF DEFAULT OR NONPERFORMANCE. If a Party is in
            material breach of its obligations under this Agreement, then the
            other Party shall give notice to the breaching party of such breach
            of this Agreement. If the breaching Party fails to cure such breach
            (or, if the breach is of a

                                       36
<PAGE>

            negative covenant, to cease such breach) within (i) thirty (30) days
            of written notice if the breach is the failure to make a payment, or
            (ii) such period as may be specified in any order of any
            governmental authority, which order has not been stayed pending any
            appeal or request for reconsideration or (iii) ninety (90) days of
            notice of any other material breach, then, in addition to all rights
            and remedies available to the other Party under law or at equity,
            such other Party may terminate this Agreement by notice to the
            breaching Party. Material breaches of this Agreement by Operator
            include, but are not limited to, any payment default by Operator,
            the failure of Operator to maintain operations on any ITFS Channel
            for a one hundred eighty (180) day period, or such longer period as
            Licensee may determine in its discretion, (without regard to
            Licensee control obligations under FCC Rules), the failure of
            Operator within the time frame specified by the FCC to obey any
            order of the FCC directed to Operator or Licensee concerning the
            ITFS Channels.

      c)    TERMINATION BY REASON OF INSOLVENCY OR BANKRUPTCY. If either Party
            files a petition pursuant to Title 7 or 11 of the United States
            Bankruptcy Code or is adjudged a debtor after the filing of an
            involuntary bankruptcy petition against that Party, or if either
            Party files a petition for relief pursuant to any state insolvency
            laws, then, to the extent allowed under law, this Agreement may be
            immediately terminated by the other Party upon notice.

      d)    NO RIGHTS BEYOND TERM OF LICENSES. This Agreement shall not give
            rise to any rights or remedies beyond the expiration of any FCC
            License necessary for the continued operation of the ITFS Channels;
            provided, however, any such expiration shall not be effective so
            long as an application to renew such license or reconsider such
            revocation is pending or subject to lawful and timely
            reconsideration, review or appeal, and Licensee has authority to
            operate the related ITFS Channel.

      e)    LICENSEE'S RIGHT TO PERFORM OPERATOR'S OBLIGATIONS. In the event
            that Operator shall fail or refuse to perform any material
            obligation or duty of Operator under this Agreement, Licensee may
            perform such obligation after notifying Operator of its failure or
            refusal to perform such obligation and all of Licensee's reasonable
            out-of-pocket costs and expenses in connection with such performance
            shall be reimbursed by Operator within thirty (30) days of each
            request therefor, along with interest on such amount accruing for
            each dollar when paid by Licensee at the rate set forth in
            SUBPARAGRAPH 4(c) and also due within thirty (30) days of demand.

9.    PURCHASE OPTION UPON EXPIRATION OR TERMINATION. Subject to SUBPARAGRAPHS
      8(d), 9(a), 9(b) AND 9(c), in the event this Agreement expires

                                       37
<PAGE>

      or is terminated for any reason other than a default by Licensee, Licensee
      shall have the option upon giving written notice to Operator within thirty
      (30) days of such expiration or termination to (i) purchase in the event
      that Operator discontinues services in the Market Area following such
      expiration or termination ("Equipment Purchase"), or (ii) lease from
      Operator, if Operator uses such equipment in connection with other
      channels or operations ("Equipment Lease"), only that minimum portion of
      the software and/or equipment necessary to continue operation of the
      Channels for the provisions of services to Licensee's then existing
      customers (the "Transferable Equipment").

      a)    OPERATOR'S DEFAULT. If this agreement is terminated by reason of a
            default by Operator, Licensee shall have the option (i) with respect
            to an Equipment Purchase, to purchase the Transferable Equipment at
            a price equal the lesser of (A) to the then fair market value of the
            Transferable Equipment (taking into account depreciation) or (B) the
            net book value of the Transferable Equipment, or (ii) with respect
            to an Equipment Lease, to lease the Transferable Equipment from
            Operator for a period of not longer than the date on which the FCC
            License expires or is otherwise terminated at a lease rate equal to
            the then fair market lease value of the Transferable Equipment.

      b)    TERMINATION WITHOUT DEFAULT. If this Agreement is terminated or
            expires for any reason other than a default by Licensee or a default
            by Operator, then Licensee shall have the option (i) with respect to
            an Equipment Purchase, to purchase the Transferable Equipment at a
            price equal to the greater of (A) the then fair market value of the
            Transferable Equipment (taking into account depreciation) or (B) the
            replacement value of the Transferable Equipment, or (ii) with
            respect to an Equipment Lease, to lease the Transferable Equipment
            from Operator for a period of not longer than the third (3rd)
            anniversary of the date of the termination or expiration of this
            Agreement at a lease rate equal to (x) the then fair market lease
            value of the Transferable Equipment or (y) a market lease rate based
            on the replacement value of the Transferable Equipment.

      c)    OPTION PROCEDURE. To exercise its purchase or lease rights as set
            forth in this PARAGRAPH 9, Licensee shall provide Operator with
            notice of its intent to exercise such rights and written notice of
            such exercise elections as allowed by SUBPARAGRAPHS 9(a) and (b)
            within thirty (30) days after the termination or expiration of this
            Agreement. In the event that Licensee elects to purchase the
            Transferable Equipment, Licensee shall promptly pay to Operator the
            purchase price and Operator shall convey to Licensee title and
            possession of the Transferable Equipment. Deliver of the
            Transferable Equipment shall be accompanied by a bill of sale. In
            the event that

                                       38
<PAGE>

            Licensee elects to lease the Transferable Equipment, Licensee and
            Operator shall, in good faith, promptly negotiate the terms of and
            enter into a lease agreement

      d)    FAIR MARKET VALUE OR LEASE RATE OF TRANSFERABLE EQUIPMENT. If the
            parties do not agree on the fair market value or fair market lease
            value of the Transferable Equipment within thirty (30) days of
            Licensee's exercise of its option, the fair market value shall be
            submitted to Baseball Arbitration pursuant to PARAGRAPH 14. The cost
            of the arbitrator shall be borne equally by both parties.

      e)    SURVIVAL. The provisions of this PARAGRAPH 9 shall survive the
            expiration or termination of this Agreement.

10.   ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS.

      a)    Operator may, without the prior consent of Licensee, assign its
            rights and/or obligations under this Agreement; provided that, (i)
            Operator gives written notice to Licensee of such assignment; and
            (ii) the assignee, upon the effective date of the assignment, either
            (w) pays all Monthly Royalty Fees then Due Licensee pursuant to
            SUBPARAGRAPH 4(a) on an accelerated basis; (x) provides a letter of
            credit or other security reasonably acceptable to Licensee; (y)
            Operator provides Licensee with a guaranty of payment at that time;
            or (z) Licensee, in its reasonable determination is satisfied that
            the assignee is creditworthy and has the financial abilities to
            perform the obligations of this Agreement; and (iii) unconditionally
            agrees in writing to assume Operator's obligations under this
            Agreement.

      b)    Licensee may assign or transfer the License to (i) a non-profit
            Affiliate or wholly-owned subsidiary of Licensee or (ii) subject to
            a prior FCC Transfer Decision occurring, a for-profit Affiliate or
            wholly-owned subsidiary of Licensee; provided, however that in
            either case, Licensee provides Operator written notice on or before
            the effective date of the assignment, the assignee agrees in writing
            to assume Licensee's obligations under this Agreement, and Licensee
            provides Operator with a guaranty of performance of the assignee's
            obligations under this Agreement prior to the effectiveness of the
            assignment. In addition, Operator acknowledges and understands that
            Licensee may at some point, for reasons deemed sufficient to
            Licensee, discontinue ITFS operations. Subject to SUBPARAGRAPH 9(c),
            Licensee shall notify Operator in writing in advance of finalizing
            any such decision and, to the extent not then prohibited by FCC
            Rules, shall not discontinue ITFS operations without first assigning
            the License to an FCC-qualified entity which is reasonably
            acceptable to Operator and which agrees to assume Licensee's
            obligations under this Agreement.

                                       39
<PAGE>

      c)    RIGHT OF FIRST REFUSAL UPON SALE OF FCC LICENSES.

            (i)   If (i) at any time the FCC modifies its rules to permit the
                  sale, assignment or transfer of the FCC Licenses to for-profit
                  entities (an "FCC Transfer Decision"), and Licensee chooses,
                  in its sole discretion to sell, assign or transfer one or more
                  of the FCC Licenses to a for profit entity (other than a
                  for-profit entity that is an Affiliate of Licensee)
                  (collectively such sale, assignment or transfer, a "FCC
                  Licenses Sale"), or (ii) Licensee chooses, in its sole
                  discretion to sell, assign or transfer one or more of the FCC
                  Licenses to a not-for-profit entity (other than a
                  not-for-profit entity that is an Affiliate of Licensee)
                  ("Not-for-Profit Transfer"), then the following provisions
                  shall apply with respect to each such FCC License:

            (ii)  Licensee shall deliver to Operator a written notice ("Transfer
                  Notice"), which notice shall (A) state Licensee's intention to
                  make a FCC Licenses Sale or Not-for-Profit Transfer of one or
                  more FCC Licenses to one or more qualified Persons, a
                  description of the FCC License involved, the purchase price
                  therefore and a summary of the other material terms of the
                  proposed FCC Licenses Sale or Not-for-Profit Transfer (as
                  applicable) and (B) offer, in accordance with this
                  SUBPARAGRAPH 10(c), to Operator (x) the option to acquire the
                  applicable FCC License(s) upon the terms and subject to the
                  conditions of the proposed FCC Licenses Sale as set forth in
                  the Transfer Notice (the "FCC Licenses Sale Offer"), or (y)
                  the option to designate a FCC qualified entity to acquire the
                  applicable FCC License(s) upon the terms and subject to the
                  conditions of the proposed Not-for-Profit Transfer as set
                  forth in the Transfer Notice (the "FCC Transfer Offer"). The
                  FCC Licenses Sale Offer or FCC Transfer Offer, as applicable,
                  shall remain open and irrevocable for the periods set forth
                  below (and, to the extent the FCC Licenses Sale Offer or FCC
                  Transfer Offer is accepted during such periods, until the
                  consummation of the FCC Licenses Sale or the Not-for Profit
                  Transfer as contemplated by the FCC Licenses Sale Offer or the
                  FCC Transfer Offer, as applicable). Operator (or its FCC
                  qualified designee with respect to an FCC Transfer Offer)
                  shall have the right and option, for a period of forty-five
                  (45) days after receipt of the Transfer Notice ("Acceptance
                  Period"), to accept the FCC Licenses Sale Offer or the FCC
                  Transfer Offer, as applicable, on the terms stated in the
                  Transfer Notice. Such acceptance shall be made by delivering a
                  written notice of such acceptance to Licensee within the
                  Acceptance Period.

                                       40
<PAGE>

            (iii) If the acceptance of the FCC Licenses Sale Offer or FCC
                  Transfer Offer, as applicable, is not delivered pursuant to
                  SUBPARAGRAPH 10(c)(ii) within the Acceptance Period, then
                  Licensee may sell, assign or transfer the applicable FCC
                  License so offered for sale, assignment or transfer in the
                  Transfer Notice and not so accepted, at a price not less than
                  the price and on the terms, taken as a whole, no more
                  favorable to the purchaser thereof than the price and terms
                  stated in the Transfer Notice at any time within one hundred
                  twenty (120) days after the expiration of the Acceptance
                  Period (the "Licensee Transfer Period"). In the event that the
                  applicable FCC License is not sold, assigned or transferred by
                  Licensee during the Licensee Transfer Period, the right of
                  Licensee to sell, assign, or transfer such FCC License shall
                  expire and the obligations of this SUBPARAGRAPH 10(c) shall be
                  reinstated; provided, however, that in the event that Licensee
                  determines, at any time during the Licensee Transfer Period,
                  that the sale , assignment or transfer of the FCC License on
                  the terms set forth in the Transfer Notice is impractical,
                  then Licensee may terminate the offer and reinstate the
                  procedure provided in this SUBPARAGRAPH 10(c) without waiting
                  for the expiration of the Licensee Transfer Period.

            (iv)  All transfers of FCC Licenses to Operator that are subject to
                  a Transfer Notice pursuant to this Agreement shall be
                  consummated contemporaneously at the offices of Operator on a
                  mutually satisfactory Business Day within thirty (30) days
                  following the expiration of the Sale Acceptance Period or, if
                  later, the fifth business day following the receipt of any
                  regulatory approvals.

11.   REPRESENTATIONS AND WARRANTIES OF LICENSEE.

      a)    ORGANIZATION AND GOOD STANDING; POWER AND AUTHORITY; QUALIFICATIONS.
            Licensee is a nonprofit corporation duly organized, validly existing
            and in good standing under the laws of the State of New York and has
            all requisite corporate power and authority to own, lease and
            operate its properties and to carry on its business as now conducted
            and as proposed to be conducted. Licensee is duly qualified or
            authorized to do business as a foreign corporation and is in good
            standing under the laws of each jurisdiction in which it owns or
            leases real property or the Licenses and each other jurisdiction in
            which the conduct of its business or the ownership of its properties
            requires such qualification or authorization.

      b)    AUTHORIZATION OF AGREEMENT. Licensee has all requisite corporate
            power and authority (i) to enter into, deliver and carry out the
            transactions contemplated by this Agreement and each other
            agreement, document, or

                                       41
<PAGE>

            instrument or certificate contemplated by this Agreement, and (ii)
            to consummate the transactions contemplated hereby and thereby. This
            Agreement has been duly and validly executed and delivered by
            Licensee and (assuming the due authorization, execution and delivery
            by the other parties hereto and thereto) this Agreement constitutes
            the legal, valid and binding obligations of Licensee, enforceable
            against it in accordance with their terms, subject to applicable
            bankruptcy, insolvency, reorganization, moratorium and similar laws
            affecting creditors' rights and remedies generally, and subject, as
            to enforceability, to general principles of equity, including
            principles of commercial reasonableness, good faith and fair dealing
            (regardless of whether enforcement is sought in a proceeding at law
            or in equity).

      c)    NO CONFLICT.

            (i)   Neither the execution and delivery by Licensee of this
                  Agreement, nor compliance by Licensee with any of the
                  provisions hereof or thereof will (i) conflict with, or result
                  in the breach of, any provision of the Governing Documents (as
                  defined in the Spectrum Agreement) of Licensee, (ii) conflict
                  with, violate, result in the breach of, constitute (with or
                  without due notice, lapse of time or both) a default under,
                  result in the acceleration of, create in any party the rights
                  to accelerate, terminate, modify or cancel, or require any
                  notice, consent or waiver under, any note, bond, mortgage,
                  indenture, license, agreement or other obligation to which
                  Licensee is a party or by which Licensee or any of its
                  properties or assets is bound or (iii) violate any statute,
                  rule, regulation, order or decree of any Government Agency or
                  authority by which Licensee is bound.

            (ii)  No consent, waiver, approval, order, permit or authorization
                  of, or declaration or filing with, or notification to, any
                  Person or Government Agency is required on the part of
                  Licensee in connection with the execution and delivery of this
                  Agreement or the compliance by Licensee with any of the
                  provisions hereof.

      d)    COMPLIANCE WITH LAWS. Except as provided in Schedule 11(d), Licensee
            (a) has complied in all respects with all federal, state, local and
            foreign laws, rules, ordinances, codes, consents, authorizations,
            registrations, regulations, decrees, directives, judgments and
            orders applicable to it and its business other than where
            noncompliance would not, individually or in the aggregate,
            reasonably be expected to have a Licensee Material Adverse Effect
            and (b) has all federal, state, local and foreign governmental
            Permits necessary in the conduct of its business as currently
            conducted and to own and use its assets in the manner in which such
            assets are currently owned

                                       42
<PAGE>

            and used other than where the failure to possess such Permits would
            not, individually or in the aggregate, reasonably be expected to
            have a Licensee Material Adverse Effect, such Permits are in full
            force and effect, and no violations have been recorded in respect of
            any such Permit, and no proceeding is pending or, to the best
            knowledge of Licensee, threatened to revoke or limit any such
            Permit. Schedule 11(d) sets forth a list of all material licenses,
            permits and qualifications (other than the FCC Licenses) and the
            expiration dates thereof.

      e)    FCC MATTERS. Throughout the Term of this Agreement and the term of
            this Agreement:

            (i)   Licensee holds, and is fully qualified in all respects to
                  hold, the FCC Licenses set forth and described on Exhibit A,
                  which sets forth the name of the licensee, the FCC call sign,
                  the Channels, the Market Area, the number of Households and
                  the number of CPOPs. The Licenses constitute all of the
                  licenses, permits and authorizations from the FCC that are
                  necessary or required for and/or used in the operations of
                  Licensee in the Market Area. To the best knowledge of
                  Licensee, all information set forth in such Schedule is
                  complete and accurate in all respects. Except for Pending
                  Applications (as defined in the Spectrum Agreement) filed
                  prior to the Effective Date and those modifications that have
                  been granted by the FCC prior to the Effective Date, neither
                  Licensee nor any of its Affiliates have modified or sought to
                  have modified any License.

            (ii)  Licensee holds all of the Licenses set forth on Exhibit A and
                  such Licenses are free and clear of all Liens (except for the
                  rights of first refusal set forth on Schedule 11(e)(ii)). None
                  of the Licenses set forth such schedule are subject to CCI
                  Rights (as defined in the Spectrum Agreement) or are otherwise
                  subject to the terms of the Clearwire Agreement (as defined in
                  the Spectrum Agreement).

            (iii) Except as set forth on Schedule 11(e)(iii), to the best
                  knowledge of Licensee, (i) the grant, renewal or assignment of
                  the Licenses to the existing licensee thereof was approved by
                  the FCC by final order and the Licenses are validly issued and
                  in full force and effect; (ii) except with respect
                  construction permit extension requests, there is no Proceeding
                  pending before the FCC or threatened with respect to any
                  License; (iii) Licensee and its Affiliates have made on a
                  timely basis all payments to any applicable Government Agency
                  with respect to the Licenses, including all payments due to
                  the FCC and all required copyright royalty fee payments and
                  all required Statements of Account to the U.S. Copyright
                  Office relating to

                                       43
<PAGE>

                  retransmission of television and radio broadcast signals; and
                  (iv) Licensee is otherwise in compliance with the requirements
                  of the compulsory copyright license described in Section 111
                  of the Copyright Act and with all applicable rules and
                  regulations of the Copyright Office..

            (iv)  Except as set forth on Schedule 11(e)(iv), to the best
                  knowledge of Licensee, all Pending Applications (as defined in
                  the Spectrum Agreement) have been timely filed, and the FCC
                  has not notified any of Licensee that any of the Pending
                  Applications is subject to denial due to lack of timely filing
                  or other defect.

            (v)   Except as set forth on Schedule 11(e)(v), to the best
                  knowledge of Licensee, (i) the facilities subject to a License
                  for which a certification or notification of completion of
                  construction has been filed with the FCC ("Constructed
                  Facilities") are operating, and have been operating, in
                  material compliance with the License therefore, the
                  Communications Act and FCC Rules, (ii) Licensee is not
                  transmitting from or otherwise operating any Constructed
                  Facility that is not the subject of an License, (iii) none of
                  the Constructed Facilities subject to a License (A) is
                  authorized pursuant to an authorization which is subject to
                  challenge before any court of competent jurisdiction or (B)
                  other than as set forth on Schedule 11(e)(v), is subject to
                  any lease, sub-lease or any agreement to make it available to
                  a third party; (iv) no License is subject to a revocation
                  proceeding; and (v) no Constructed Facilities are operating
                  pursuant to special temporary or developmental authority.

            (vi)  Except as set forth on Schedule 11(e)(vi), to the best
                  knowledge of Licensee, Licensee's licensed ITFS facilities are
                  being operated, and Licensee's operations and activities
                  pursuant to any Licenses are being conducted, in compliance
                  with (A) the Communications Act, (B) the terms and conditions
                  of the Licenses applicable to them, and (C) the FCC Rules.

            (vii) Except as set forth Schedule 11(e)(vii), to the best knowledge
                  of Licensee, all FCC Reports and fees required to be filed by
                  each Licensee with the FCC with respect to the Licenses and
                  they have been timely filed. All FCC Reports filed by any of
                  Licensee are complete and correct in all material respects.

      f)    TOWER LEASES. Schedule 11(f) sets forth a true and complete list of
            each Tower Lease to which Licensee is party in a Market Area, the
            Market Area, the expiration date of the lease, the name of the
            lessor, the address or

                                       44
<PAGE>

            location of the leased premises or tower site, and the monthly,
            quarterly or annual rent, as applicable, payable under such Tower
            Lease. Each Tower Lease is valid, binding on Licensee and, to the
            best knowledge of Licensee, each other party thereto and is in full
            force and effect, enforceable by Licensee in accordance with its
            terms. Neither Licensee nor, to the best knowledge of Licensee, any
            other party to any of the Tower Leases has failed to comply with or
            is in material breach or material default thereunder. Except as set
            forth on Schedule 11(f), to the best knowledge of Licensee, no
            condition exists or event has occurred and is continuing which, with
            or without the lapse of time or the giving of notice, or both, would
            constitute a material default by any party under any Tower Lease.

      g)    INTERFERENCE COORDINATION AGREEMENTS. To the best knowledge of
            Licensee, Schedule 11(g) sets forth a true and complete list of all
            interference consents that have been granted by Licensee with
            respect to any Licenses and that would have a material impact on the
            use of the Channels (excluding routine consents customary in the
            industry).

      h)    LITIGATION. Except as set forth on Schedule 11(h), there is no
            Proceeding now in progress or pending or, to the best knowledge of
            Licensee, threatened against Licensee or the assets (including the
            intellectual property rights) or the business of Licensee, nor to
            the best knowledge of Licensee, does there exist any basis
            therefore, except for immaterial claims brought against Licensee in
            the ordinary course of business. Licensee is not subject to any
            order, writ, injunction or decree of any court of any federal,
            state, municipal or other domestic or foreign governmental
            department, commission, board, bureau, agency or instrumentality
            ("Government Agency").

      i)    DISCLOSURE. Neither this Agreement (including all exhibits, annexes,
            schedules or attachments hereto) nor any certificate furnished or
            made to Operator or pursuant to or in connection with this Agreement
            (including all exhibits, annexes, schedules or attachments hereto)
            contains any untrue statement of a material fact or, to the best
            knowledge of Licensee, omits to state a material fact necessary in
            order to make the statements contained herein and therein not
            misleading.

      j)    KNOWLEDGE. Any representation, warranty, covenant, obligation, or
            part thereof that states that it is made to the best knowledge of
            Licensee is made to its best knowledge after commercially reasonable
            investigation and includes all facts which it knew or should have
            known as a result of such investigation, including the best
            knowledge after commercially reasonable investigation of Licensee's
            executive officers and legal counsel.

                                       45
<PAGE>

12.   INSURANCE.

      From and after the Effective Date, Operator, at its sole expense, shall
      secure and maintain (to the extent available at commercially reasonable
      rates) with financially reputable insurers one or more policies of
      insurance insuring the Transmission Equipment and Operator's utilization
      of the ITFS Channels against casualty and other losses of the kinds
      customarily carried under similar circumstances by such firms, including,
      without limitation: (a) "All risk" property insurance covering such
      Transmission Equipment to the extent of one hundred percent (100%) of its
      full replacement value without deduction for depreciation; (b)
      comprehensive general liability insurance covering liability resulting
      from Operator's operation of the ITFS Channels on an occurrence basis
      having minimum limits of liability in an amount of not less than Three
      Million Dollars ($3,000,000.00) for bodily injury, personal injury, or
      death to any person or persons in any one occurrence, and not less than
      Six Million Dollars ($6,000,000.00) in the aggregate for all such losses
      during each policy year, and not less than Three Million Dollars
      ($3,000,000.00) with respect to damage to property (such minimum limits in
      clauses (a) and (b) to be increased by fifteen percent (15%) as of January
      1, 2006 and every five years thereafter); and (c) all workers
      compensation, automobile liability and similar insurance required by law.
      All such policies shall designate Licensee as either the insured party or
      as a named additional insured party, shall be written as primary policies,
      not contributory with and not in excess of any coverage which Licensee may
      carry, and shall provide that the issuer shall notify Licensee thirty (30)
      days prior to any cancellation or lapse of such insurance or in any change
      in the coverage thereof. Executed copies of the policies of insurance
      required under this Paragraph or certificates thereof shall be delivered
      to Licensee prior to the Effective Date. Operator shall furnish Licensee
      with evidence of renewal of each such policy prior to the expiration of
      the term thereof. All insurance policies obtained pursuant to this
      Subparagraph shall reflect that loss proceeds payable thereunder shall be
      made payable to the party or parties incurring the related loss except to
      the extent that such loss proceeds relate to the repair, maintenance or
      replacement of Transmission Equipment or other equipment or facilities the
      repair, maintenance, or replacement of which (i) is the financial
      responsibility of the Operator or (ii) has been commenced or completed by
      the Operator, in which case such loss proceeds shall be made payable to
      the Operator only and Operator shall be responsible for such repair,
      maintenance or replacement. In the event that any loss proceeds are paid
      or intended to be paid other than in accordance with the foregoing
      sentence, Licensee agrees to fully cooperate with either the applicable
      insurer or the Operator as required to ensure that such loss proceeds are
      paid in accordance herewith.

13.   RESTRICTIVE COVENANTS.

                                       46
<PAGE>

      Each Party (the "Protected Party") acknowledges that there may be made
      available to it pursuant to this Agreement, or may have been made
      available to it, proprietary information of the other Party (the
      "Protecting Party") or its board members, Affiliates, agents or
      contractors ("Confidential Information"), the value of which may be
      reduced or destroyed by unauthorized dissemination. Accordingly, the
      Protecting Party agrees that, except and to the extent it may be required
      by law or to the extent necessary to enforce or defend its rights under
      this Agreement before an appropriate tribunal, neither it nor any of its
      board members, Affiliates, employees, agents, controlling parties or
      contractors shall, in any manner, directly or indirectly, disclose such
      Confidential Information to any person, firm, corporation, agent or
      contractor or other entity (other than the Protecting Party's attorneys
      and consultants who agree in writing with the Protected Party to these
      confidentiality provisions) and said undertakings are enforceable by
      injunctive or other equitable relief to prevent any violation or
      threatened violation thereof and without prejudice to any other legal
      remedies of the Protected Party. Each Protecting Party may disclose this
      Agreement to its Affiliates; strategic partners; actual or potential
      investors, lenders, acquirers, merger partners; and others whom the
      Protecting Party deem in good faith to have a need to know such
      information for purposes of pursuing a transaction or business
      relationship with the Protecting Party; provided that the Protecting Party
      secures an enforceable obligation from such third party to limit the use
      and disclosure of Confidential Information as provided herein. To the
      extent a copy of this Agreement or any amendment thereto is required to be
      filed with the FCC, all terms (including financial terms) stating
      compensation, reimbursement or contributions from Operator to Licensee or
      third parties must be redacted from such filing to the extent permitted by
      the FCC.

14.   RESOLUTION OF CERTAIN DISPUTES.

      a)    If the Parties are unable to resolve any monetary dispute under this
            Agreement or any dispute as to the interpretation of a provision of
            this Agreement (each, a "Dispute"), subject to the additional
            procedures set forth in SUBPARAGRAPHS 2(e) AND 5(b), the baseball
            decision rules ("Baseball Arbitration") set forth in SUBPARAGRAPH
            14(b) shall apply. If the Parties are unable to resolve any other
            disputes (each a "Breach Dispute"), including without limitation
            disputes regarding a breach or default under this agreement, the
            parties shall arbitrate such dispute pursuant to the rules set forth
            in SUBPARAGRAPH 14(c).

      b)    Any such matter shall be resolved by a single Arbitrator. In the
            event of a Dispute, either party may request by written notice to
            the other party that it wishes to submit the disputed matter for
            resolution by Baseball Arbitration. The parties agree to submit to
            an Arbitrator within 30 days after the

                                       47
<PAGE>

            requesting party's notice has been received by the other party.
            Within fifteen (15) days (the "Submission Period") after the
            appointment of the arbitrator (the "Arbitrator") in accordance with
            the Commercial Arbitration Rules (then in effect) of the American
            Arbitration Association for arbitration of commercial disputes (the
            "AAA"), each Party shall submit to the Arbitrator its own proposal
            for the resolution of the contested issue. Such submissions shall
            remain secret until after the Arbitrator has received each Party's
            proposal, at which time the Arbitrator shall inform each Party of
            the other's proposal. No such proposal may be amended after it is
            submitted to the Arbitrator. The Arbitrator shall compare the
            proposals. Except as otherwise provided in SUBPARAGRAPH 4(b) for
            arbitration thereunder, the Arbitrator shall determine which
            proposal he or she believes to be the resolution most closely in
            accordance with the relevant provisions of this Agreement and shall
            order the adoption of such proposal as the relief granted. If any
            Party fails to submit its proposal by the end of the Submission
            Period, the Arbitrator shall order the adoption of the other Party's
            proposal. The Arbitrator may rely upon such evidence as the
            Arbitrator may choose in his or her discretion in making such
            determination, and may permit discovery in accordance with the
            provisions of this SUBPARAGRAPH 14(a).

      c)    Any such mater shall be resolved by a single Arbitrator. In the
            event of a Breach Dispute either party may request by written notice
            to the other party that it wishes to submit the disputed matter for
            resolution by an Arbitrator. The parties agree to submit to an
            Arbitrator within 30 days after the requesting party's notice has
            been received by the other party. During the Submission Period, the
            parties shall appoint the Arbitrator in accordance with the
            Commercial Arbitration Rules (then in effect) of the American
            Arbitration Association for arbitration of commercial disputes (the
            "AAA"). The parties agree to permit discovery proceedings of the
            type provided by the Federal Rules of Civil Procedure both in
            advance of, and during recesses of, the arbitration hearings. The
            parties agree that the arbitrator shall have no jurisdiction to
            consider evidence with respect to or render an award or judgment for
            punitive damages (or any other amount awarded for the purpose of
            imposing a penalty).

      d)    The arbitration hearing shall be located at a neutral site as
            mutually agreed by the parties, or if the parties cannot so agree,
            then (i) if the arbitration is commenced by Licensee, the location
            of the arbitration shall be in Seattle, Washington, or (ii) if the
            arbitration is commenced by Operator, the location of the
            arbitration shall be in New York, New York. The Federal Rules of
            Evidence shall apply to the arbitration hearing. The Party bringing
            a particular claim or asserting an affirmative defense will have the
            burden

                                       48
<PAGE>

            of proof with respect thereto. Each Party shall bear the burden of
            persuasion with respect to its proposal for resolution of the
            matter. The arbitration proceedings and all testimony, filings,
            documents and information relating to or presented during the
            arbitration proceedings shall be deemed to be information subject to
            the confidentiality provisions of this Agreement. The Arbitrator
            will have no power or authority, pursuant to the rules of the AAA or
            otherwise, to relieve the Parties from their agreement hereunder to
            arbitrate or otherwise to amend or disregard any provision of this
            Agreement, including without limitation the provisions of this
            Paragraph.

      e)    Should an Arbitrator refuse or be unable to proceed with arbitration
            proceedings as called for by this Paragraph, the Arbitrator shall be
            replaced pursuant to the rules of the AAA. If an arbitrator is
            replaced after the arbitration hearing has commenced, then a
            rehearing shall take place in accordance with this Paragraph and the
            rules of the AAA.

      f)    Within fifteen (15) days after the closing of the arbitration
            hearing, the Arbitrator will prepare and distribute to the parties a
            writing setting forth the Arbitrator's or Arbitration Panel's
            finding of facts and any relevant conclusions of law relating to the
            Dispute, including the reasons for the giving or denial of any
            award. The findings and conclusions and the award, if any, shall be
            deemed to be information subject to the confidentiality provisions
            of this Agreement.

      g)    The Arbitrator is instructed to schedule promptly all discovery and
            other procedural steps and otherwise to assume case management
            initiative and control to effect an efficient and expeditious
            resolution of the Dispute. The Arbitrator or Arbitration Panel is
            authorized to issue monetary sanctions against either party if, upon
            a showing of good cause, such party is unreasonably delaying the
            proceeding.

      h)    Any award rendered by the Arbitrator will be final, conclusive and
            binding upon the Parties and any judgment thereon may be entered and
            enforced in any court of competent jurisdiction.

      i)    Each Party will bear an equal one-half of all fees, costs and
            expenses of the Arbitrators, and notwithstanding any law to the
            contrary, each Party will bear all the fees, costs and expenses of
            its own attorneys, experts and witnesses; provided, however, in
            connection with any judicial proceeding to compel arbitration
            pursuant to this Agreement or to confirm, vacate or enforce any
            award rendered by the Arbitrator, the prevailing party in such a
            proceeding shall be entitled to recover reasonable attorney's fees
            and expenses incurred in connection with such proceedings, in
            addition to any

                                       49
<PAGE>

            other relief to which it may be entitled; the non-prevailing party
            to an arbitration shall pay its own expenses, the fees of each
            arbitrator, the administrative fee of the AAA, and the expenses,
            including without limitation, attorneys' fees and costs, and expert
            and witness fees and costs, incurred by the other party to the
            arbitration.

      j)    Notwithstanding anything to the contrary in this PARAGRAPH 14,
            either party may seek injunctive relief from a court of competent
            jurisdiction (in accordance with PARAGRAPH 19 at any time without
            complying with the foregoing provisions.

15.   FORCE MAJEURE.

      If by reason of Force Majeure either Party is unable in whole or in part
      to perform its obligations hereunder, such Party shall not be deemed to be
      in violation or default during the period of such inability solely as a
      result of such inability, provided that this provision shall not be
      construed to limit in any way or otherwise relieve either Party of its
      obligation under any other provision of this Agreement, which is
      applicable upon the occurrence of Force Majeure. "Force Majeure" shall
      mean the following: acts of God, acts of third parties outside of such
      Party's control, acts of public enemies, orders of any branch of the
      government of the United States, or any State or any political
      subdivisions thereof having legal jurisdiction (unless such order would
      otherwise be the basis for a termination pursuant to SUBPARAGRAPH 8(a))
      which are not the result of action or inaction of the Party that would
      constitute a breach of this Agreement, public insurrections, interference
      from unauthorized sources, floods, sinkholes, riots, epidemics, fires,
      civil disturbances, explosions, power outages, meteorological or
      astronomical events, labor disturbances and strikes or any other cause or
      event not reasonably within the control of the Party failing in its
      performance hereunder.

16.   INDEMNIFICATION.

      a)    Operator shall indemnify, defend and hold Licensee, its Affiliates,
            their respective officers, directors, partners, managing directors,
            Affiliates, employees, agents, consultants, representatives,
            successors and assigns harmless from and against all Losses (as
            hereinafter defined) incurred or suffered by such person or entity
            arising out of, relating to, or resulting from (i) harmful
            interference caused or allegedly caused by the installation, use or
            maintenance by Operator or for Operator's subscribers of
            Transmission Equipment or subscriber response station equipment,
            (ii) any claims that Operator's operation of equipment using any of
            the ITFS Channels including, is causing or has caused or allegedly
            is causing or allegedly has caused any adverse effect on health or
            the environment; (iii) any claims by third parties related to
            Operator's operation of the System;

                                       50
<PAGE>

            and (iv) any action by the FCC pursuant to or arising directly from
            a breach by Operator of the terms or conditions of this Agreement
            (as amended from time to time). Notwithstanding the foregoing,
            Operator's indemnification obligations hereunder shall be subject to
            the deductible of Five Thousand Dollars ($5,000).

      b)    For purposes of this Agreement, "Losses" shall mean, subject to the
            proviso following, each and all of the following items: claims,
            losses (including, without limitation, losses of earnings),
            liabilities, obligations, payments, damages (actual, punitive or
            consequential), charges, judgments, fines, penalties, amounts paid
            in settlement, costs and expenses (including, without limitation,
            interest which may be imposed in connection therewith), costs and
            expenses of investigation, actions, suits, proceedings, demands,
            assessments and fees, lost FCC Licenses, expenses and disbursements
            of counsel, consultants and other experts; provided, however, Losses
            shall not include consequential damages, special damages, loss of
            earnings or punitive damages.

      c)    A Party seeking indemnification under this Agreement shall, promptly
            upon becoming aware of the facts indicating that a claim for
            indemnification may be warranted, give to the Party from whom
            indemnification is being sought a claim notice relating to such Loss
            (a "Claim Notice"). Each Claim Notice shall specify the nature of
            the claim, the applicable provision(s) of this Agreement or other
            instrument under which the claim for indemnity arises, and, if
            possible, the amount or the estimated amount thereof. No failure or
            delay in giving a Claim Notice (so long as the same is given prior
            to expiration of the representation or warranty upon which the claim
            is based) and no failure to include any specific information
            relating to the claim (such as the amount or estimated amount
            thereof) or any reference to any provision of this Agreement or
            other instrument under which the claim arises shall affect the
            obligation of the Party from whom indemnity is sought except to the
            extent such Party is materially prejudiced by such failure or delay.

17.   NOTICE.

      All notices, requests, consents and other communications hereunder to any
      party shall be deemed to be sufficient if contained in a written
      instrument delivered in person or sent by telecopy (with a confirmatory
      copy sent by a different means within three business days of such notice),
      nationally recognized overnight courier or first class registered or
      certified mail, return receipt requested, postage prepaid, addressed to
      such party at the address set forth below or such other address as may
      hereafter be designated in writing by such party to the other Parties:

                                       51
<PAGE>

      (i)   if, to Operator, to:

                 Fixed Wireless Holdings, LLC
                 2000 Pennsylvania Avenue NW
                 Suite 4400
                 Washington, DC 20006
                 Attention: R. Gerard Salemme

            with a copy to:

                 Davis Wright Tremaine LLP
                 2600 Century Square
                 1501 Fourth Avenue
                 Seattle, Washington  98101-1688
                 Attention: Benjamin G. Wolff, Esquire

      (ii)  if to Licensee:

                 Hispanic Information and Telecommunications Network, Inc.
                 449 Broadway, Third Floor
                 New York, New York  10013
                 Telecopy: (212) 966-5725
                 Telephone: (212) 966-5660
                 Attention: Jose Luis Rodriguez

                 with copies to:

                 Day, Berry & Howard
                 One Canterbury Green
                 Stamford, CT  06901-2047
                 Fax: (203) 977-7301
                 Attention: Sabino Rodriguez

                 and

                 RJGLaw LLC
                 8401 Ramsey Avenue
                 Silver Spring, MD 20910
                 Fax: (301) 589-2644
                 Attention: Rudolph J. Geist

      All such notices, requests, consents and other communications shall be
      deemed to have been given when received.

18.   GOVERNING LAW.

                                       52
<PAGE>

      This Agreement shall be governed by and construed in accordance with the
      laws of the State of New York without giving effect to the principles of
      conflicts of law that might result in the application of the laws of any
      other jurisdiction.

19.   SPECIFIC PERFORMANCE.

      The Parties acknowledge and agree that the rights reserved to each of them
      hereunder are of a special, unique, unusual and extraordinary character,
      and that irreparable harm would occur in the event that any of the
      agreements and provisions of this Agreement were not performed fully by
      the Parties hereto in accordance with their specific terms or conditions
      or were otherwise breached, and that money damages are an inadequate
      remedy for breach of the Agreement because of the difficulty of
      ascertaining and quantifying the amount of damage that will be suffered by
      the Parties hereto in the event that this Agreement is not performed in
      accordance with its terms or conditions or is otherwise breached. It is
      accordingly hereby agreed that each Party hereto shall be entitled to an
      injunction or injunctions to restrain, enjoin and prevent breaches of this
      Agreement by the other Party and to enforce specifically such terms and
      provisions of this Agreement in any state or federal court of the United
      States, such remedy being in addition to and not in lieu of, any other
      rights and remedies to which the other Parties are entitled to at law or
      in equity. The non-prevailing party shall pay its own expenses, court
      costs and the expenses, including without limitation, attorneys' fees and
      costs, and expert witness fees incurred by the other party.

20.   CONSTRUCTION.

      The definitions in this Agreement shall apply to both the singular and
      plural forms of the terms defined. For the convenience of the parties,
      Exhibit B references the Paragraphs and Subparagraphs of this Agreement in
      which terms are defined. The words "include," "includes," and "including"
      shall be deemed to be followed by the phrase "without limitation." All
      references to Paragraphs, to Subparagraphs and to Exhibits are references
      to Paragraphs, to Subparagraphs and to Exhibits of this Agreement. The
      terms "this Agreement," "hereof," "hereunder" and similar expressions
      refer to this Agreement as a whole unless specifically stated.

21.   HEADINGS.

      The Paragraph and Subparagraph headings are for the convenience of the
      parties and shall not be used to interpret this Agreement.

22.   RELATIONSHIP OF PARTIES.

      This Agreement creates a capacity use relationship and not a joint venture
      or partnership. Each Party will act so as to preserve that intent and
      neither shall

                                       53
<PAGE>

      present itself as the other party or represent itself as having the right
      to represent, bind, or contract on behalf of, the other Party.

23.   WAIVER.

      The express or implied waiver by either Party of any breach of any
      representation or warranty or any failure to fulfill any condition,
      covenant or other obligation under this Agreement shall not constitute a
      waiver of any other representation or warranty or of any other failure in
      the future or in the past by the other Party to fulfill such
      representation, warranty, condition, covenant or obligation hereunder.

24.   ENTIRE AGREEMENT, AMENDMENTS.

      This Agreement, along with its Exhibits, the Spectrum Agreement and the
      agreements executed pursuant to the Spectrum Agreement, constitutes the
      entire Agreement between the Parties regarding its subject matter and
      supersedes all oral or prior written agreements of any kind between the
      Parties relating to its subject matter. This Agreement may be modified
      only by an amendment in writing executed by both Parties.

25.   COUNTERPARTS.

      This Agreement and any amendments to it may be executed in one or more
      counterparts, each of which shall be deemed an original, but all of which
      shall constitute one and the same instrument. The Parties shall accept
      facsimile signatures as original signatures.

26.   LICENSEE CONTROL.

      To the extent required by FCC Rules, Licensee shall have: (a) access to
      and control over the Transmission Equipment upon not less than twenty-four
      (24) hours notice outside of business hours and four (4) hours notice
      during business hours; (b) reasonable access during normal business hours
      to the Transmission Equipment and response station equipment operating on
      any ITFS Channels; and (c) the right to consult with Operator's
      maintenance personnel at reasonable times, for reasonable periods and upon
      reasonable notice concerning the maintenance of Transmission Equipment
      used for the ITFS Channels and response station equipment operating on any
      ITFS Channels; provided, however, Licensee shall not exercise rights under
      this Paragraph in any manner that interferes with Operator's lawful use of
      Operator's Capacity in accordance with this Agreement and FCC Rules, or
      interferes with Operator's or any third party's lawful use in accordance
      with this Agreement and FCC Rules of the equipment utilizing the ITFS
      Channels. Operator shall at all times provide Licensee with the capability
      of deactivating any

                                       54
<PAGE>

      and all response stations operating on the ITFS Channels in accordance
      with FCC Rule 74.939(o).

27.   VALIDITY AND SEVERABILTY.

      Whenever possible, each provision of this Agreement shall be interpreted
      in such manner as to be effective and valid, but if any term or other
      provision of this Agreement is invalid, illegal or incapable of being
      enforced by any law or public policy, all other terms and provisions of
      this Agreement shall nevertheless remain in full force and effect. Upon
      such determination that any term or other provision is invalid, illegal or
      incapable of being enforced, the Parties hereto affected by such
      determination in any material respect shall negotiate in good faith to
      modify this Agreement so as to effect the original intent of the Parties
      as closely as possible in order that the provisions hereof are given
      effect as originally contemplated to the greatest extent possible.

      IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the date first above written.

OPERATOR                                      LICENSEE

FIXED WIRELESS HOLDINGS, LLC                  HISPANIC INFORMATION AND
                                              TELECOMMUNICATIONS NETWORK, INC.

By: /s/ Gerry Salemme                         By: /s/ Jose Luis Rodriguez
   __________________________                    ___________________________
Gerry Salemme, Vice President                 Jose Luis Rodriguez, President

               [Signature Page to IUA for Buffalo, NY Market Area]

                                       55
<PAGE>

INCLUDED EXHIBITS AND SCHEDULE LIST:

A     ITFS LICENSE, CHANNELS, METROPOLITAN AREA, PRIMARY TRANSMISSION SITE,
      LOCATION OF LICENSEE'S ORIGINATION POINT AND LICENSEE'S DIGITAL CHANNEL
      CAPACITY

B.    DEFINITIONS

C.    EXAMPLES PURSUANT TO SUBPARAGRAPH 2(d)(i) AND (ii)

                                       56
<PAGE>

                                    EXHIBIT A

                   ITFS LICENSE, CHANNELS, METROPOLITAN AREA,

                           PRIMARY TRANSMISSION SITE,

                    LOCATION OF LICENSEE'S ORIGINATION POINT

                     AND LICENSEE'S DIGITAL CHANNEL CAPACITY

License Call Sign:  WLX770

ITFS Channels:  G2-G4

Market Area:  Buffalo, NY

Primary Transmission Site:

                                       57
<PAGE>

                                    EXHIBIT B

                                   DEFINITIONS

"AAA" is defined in Paragraph 14(a).

"Acceptance Period" is defined in Subparagraph 9(c)(ii).

"Affiliate" is defined in Subparagraph 2(e)(i).

"Additional Standard Customer Packages" is defined in Subparagraph 6(b).

"Agreement" is defined in the opening paragraph.

"Arbitrator" is defined in Subparagraph 14(a).

"Baseball Arbitration" is defined in Subparagraph 14(a).

"Basic Feature" is defined in Subparagraph 2(g)(i).

"Basic Service Criteria" is defined in Subparagraph 2(g)(iii).

"Breach Dispute" is defined in Section 14(a).

"Claim Notice" is defined in Subparagraph 16(c).

"Collocation" is defined in Subparagraph 2(h)(v).

"Collocation Reference Contract" is defined in Subparagraph 2(h)(v).

"Common Equipment" is defined in Subparagraph 3(a)(vi).

"Confidential Information" is defined in Paragraph 13.

"Decoupling Event" is defined in Subparagraph 4(b).

"Deferral Notice" is defined in Subparagraph 2(f)(ii).

"Dispute" is defined in Subparagraph 14(a).

"Effective Date" is defined in Paragraph 1.

"End User" and "End Users" are defined in Subparagraph 3(a)(x).

"End User Throughput Rate" is defined in Subparagraph 2(d)(ii).

                                       58
<PAGE>

"Engineered Throughput Rate" is defined in Subparagraph 2(d)(ii).

"Enhanced Feature" is defined in Subparagraph 2(h)(i).

"Equipment Lease" is defined in Paragraph 9.

"Equipment Purchase" is defined in Paragraph 9.

"Equipment Notice Date" is defined in Subparagraph 2(a)(i)(2)(B).

"Excess Capacity" is defined in Subparagraph 2(f)(ii).

"Excess Usage Situation" is defined in Subparagraph 2(d)(iv).

"Fair Market Value Royalty Fee" is defined in Subparagraph 4(b)(i).

"FCC" is defined in the Recitals.

"FCC Licenses" is defined in Subparagraph 11(d).

"FCC Licenses Sale" is defined in Subparagraph 9(c).

"FCC Licenses Sale Offer" is defined in Subparagraph 9(c)(ii).

"FCC Rules" is defined in the Recitals.

"FCC Transfer Decision" is defined in Subparagraph 9(c).

"FCC Transfer Offer" is defined in Subparagraph 9(c)(ii).

"FCC Use Change" is defined in Subparagraph 7(b).

"Five Percent User" and "Five Percent Users" are defined in Subparagraph
2(d)(i).

"Force Majeure" is defined in Paragraph 15.

"Full Channel Option" is defined in Subparagraph 2(a)(iii).

"High Power Booster Station Equipment" is defined in Subparagraph 3(a)(ii).

"Hold-over Right" is defined in Subparagraph 2(a)(i)(2)(C).

"Hold-over Right Notice Date" is defined in Subparagraph 2(a)(i)(2)(C).

"Hold-over Services" is defined in Paragraph 9.

"Hub Receive Equipment" is defined in Subparagraph 3(a)(v).

                                       59
<PAGE>

"Hub Receive Site" is defined in Subparagraph 3(a)(v).

"Identified Legacy Equipment" is defined in Subparagraph 2(a)(ii).

"Initial Term" is defined in Paragraph 1.

"Internet Transit" is defined in Subparagraph 2(h)(iv).

"ITFS" is defined in the Recitals.

"ITFS Channel" and "ITFS Channels" are defined in the Recitals.

"ITFS Engineered Throughput Rate" is defined in Subparagraph 2(d)(i).

"Legacy Equipment" is defined in Subparagraph 2(a)(i)(2)(B).

"License" and "Licenses" are defined in the Recitals.

"Licensed Booster Station" is defined in Subparagraph 3(a)(ii).

"Licensee" is defined in the opening paragraph.

"Licensee Legacy Equipment" is defined in Subparagraph 2(a)(i)(2)(A).

"Licensee Material Adverse Effect" means a material adverse effect on the
business, operations, properties, assets, condition (financial or other) or
results of operations of Licensee, taken as a whole, other than changes
affecting the broadband wireless business generally.

"Licensee Purchase" is defined in Subparagraph 2(a)(i)(2)(B).

"Licensee Service Contract" is defined in Subparagraph 2(e)(iii).

"Licensee Transfer Period" is defined in Subparagraph 9(c)(iii).

"Licensee's Educational Reservation" is defined in Subparagraph 2(d)(i).

"Licensee's Expenses" is defined in Subparagraph 5(a).

"Licensee's Intermediate Capacity" is defined in Subparagraph 2(f)(i).

"Licensee's Notice Date" is defined in Subparagraph 4(b)(i).

"Licensee's Throughput" is defined in Subparagraph 2(d)(iii).

"Licensee's Throughput Rate Entitlement" is defined in Subparagraph 2(d)(ii).

                                       60
<PAGE>

"Licensee's Total Ordered Data Speeds" is defined in Subparagraph 2(d)(iv).

"Losses" is defined in Subparagraph 16(b).

"Low Power Booster Station Equipment" is defined in Subparagraph 3(a)(ii).

"Market Area" is defined in the Recitals.

"MDS" is defined in the Recitals.

"Network Management Services" is defined in Subparagraph 2(h)(iii).

"Nonstandard Installation" is defined in Subparagraph 6(b).

"Non-peak Hours" is defined in Subparagraph 2(d)(iii)(3).

"Not-for-Profit Transfer" is defined in Subparagraph 9(c).

"Operational Period" is defined in Subparagraph 2(d)(i).

"Operator" is defined in the opening paragraph.

"Operator Purchase" is defined in Subparagraph 2(a)(i)(2)(B).

"Operator's Capacity" is defined in Subparagraph 2(c).

"Operator's Group" is defined in Subparagraph 2(e)(i).

"OSHA" is defined in Subparagraph 3(f).

"Oversubscription Level" is defined in Subparagraph 2(d)(ii).

"Partial Channel Option" is defined in Subparagraph 2(a)(iii).

"Party" and "Parties" are defined in the opening paragraph.

"Peak Adjustment Number" is defined in Subparagraph 2(d)(iii)(1)(E).

"Peak Benchmark" is defined in Subparagraph 2(d)(iii)(1)(B).

"Peak Hours" is defined in Subparagraph 2(d)(iii)(3).

"Permitted End Users" is defined in Subparagraph 2(1).

"Permitted Uses" is defined in Subparagraph 2(1).

"Proceeding" means any action, suit, litigation, arbitration proceeding
(including any civil, criminal, administrative, investigative or appellate
proceeding), hearing, inquiry, audit,

                                       61
<PAGE>

examination or investigation commenced, brought, conducted or heard by or
before, or otherwise involving any court or other Government Agency or any
arbitrator or arbitration panel..

"Price Index" is defined in Subparagraph 4(b)(iii).

"Primary Response Station Sites" is defined in Subparagraph 6(a).

"Primary Transmission Equipment" is defined in Subparagraph 3(a)(i).

"Primary Transmission Sites" is defined in Subparagraph 3(a)(i).

"Prior Use Agreement" is defined in Subparagraph 2(a)(i)(1).

"Prior User" is defined in Subparagraph 2(a)(i)(1).

"Prior User Legacy Equipment" is defined in Subparagraph 2(a)(i)(2)(B).

"Protected Party" and "Protecting Party" are defined in Paragraph 12.

"Reference Contract" is defined in Subparagraph 2(e)(ii)

"Renewal Term" is defined in Paragraph 1.

"Retail Price" is defined in Subparagraph 2(f)(i).

"Royalty Fee" is defined in Subparagraph 4(b)(i).

"Spectrum Agreement" is defined in the recitals.

"STA" is defined in Subparagraph 3(c).

"Standard Customer Package" is defined in Subparagraph 6(a).

"Start Date" is defined in Subparagraph 2(b)(iii).

"Submission Period" is defined in Subparagraph 14(a).

"System" is defined in the Recitals.

"System Change" is defined in Subparagraph 2(m).

"Target Month" is defined in Subparagraph 2(d)(iii).

"Term" is defined in Paragraph 1.

"Throughput" is defined in Subparagraph 2(d)(i).

                                       62
<PAGE>

"Throughput Rate" is defined in Subparagraph 2(d)(i).

"Total ITFS Throughput Rate" is defined in Subparagraph 2(d)(i).

"Transfer Notice" is defined in Subparagraph 9(c)(ii).

"Transferable Equipment" is defined in Paragraph 9.

"Transmission Equipment" is defined in Subparagraph 3(a)(x).

"Underutilization Situation" is defined in Subparagraph 2(d)(v).

"Unlicensed Booster Station" is defined in Subparagraph 3(a)(ii).

"Utilization Report" is defined in Subparagraph 2(d)(iii).

"Wholesale Agreement" is defined in Subparagraph 2(e)(i).

"Wholesale Price" is defined in Subparagraph (2)(f)(i)

                                       63
<PAGE>

                                    EXHIBIT C

               EXAMPLES PURSUANT TO SUBPARAGRAPH 2(d)(i) AND (ii)

                                       64
<PAGE>

                                                                     Page 1 of 3

EXHIBIT C

                                     EXAMPLE

                                                                         Rev 1.2

<TABLE>
<S>                                <C>
OPERATING PARAMETERS
    Base Stations                  2
    Sectors                        6
</TABLE>

BASE STATION 1

<TABLE>
<CAPTION>
                                                                                    ITFS Engineered
                   Maximum Throughput                                               Throughput Rate
                         (Mbps)                       Uses ITFS Channels                 (Mbps)
            --------------------------------          ------------------    -------------------------------
Sector      Downlink     Uplink     Combined          Downlink   Uplink     Downlink     Uplink    Combined
------      --------     ------     --------          --------   ------     --------     ------    --------
<S>         <C>          <C>        <C>               <C>        <C>        <C>          <C>       <C>
1             1.60        1.45        3.05              yes        yes        1.60        1.45       3.05
2             1.60        1.45        3.05              yes        yes        1.60        1.45       3.05
3             1.60        1.45        3.05              yes        yes        1.60        1.45       3.05
4             1.60        1.20        2.80              yes        yes        1.60        1.20       2.80
5             1.60        1.20        2.80              yes        yes        1.60        1.20       2.80
6             1.60        1.45        3.05              yes        yes        1.60        1.45       3.05
                                     -----                                                          -----
MARKET THROUGHPUT RATE 1             17.80(a)                           USING ITFS CHANNELS         17.80(d)
</TABLE>

BASE STATION 2

<TABLE>
<CAPTION>
                                                                                    ITFS Engineered
                   Maximum Throughput                                               Throughput Rate
                         (Mbps)                       Uses ITFS Channels                 (Mbps)
            --------------------------------          ------------------    -------------------------------
Sector      Downlink     Uplink     Combined          Downlink   Uplink     Downlink     Uplink    Combined
------      --------     ------     --------          --------   ------     --------     ------    --------
<S>         <C>          <C>        <C>               <C>        <C>        <C>          <C>       <C>
1             1.60        1.45        3.05              yes        yes        1.60        1.38       2.98
2             1.60        1.45        3.05              yes        yes        1.60        1.38       2.98
3             1.60        1.45        3.05              yes        yes        1.60        1.38       2.98
4             1.60        1.10        2.70              yes         no        1.60        0.00       1.60
5             1.60        1.10        2.70              yes         no        1.60        0.00       1.60
6             1.60        1.10        2.70              yes         no        1.60        0.00       1.60
                                     -----                                                          -----
MARKET THROUGHPUT RATE 2             17.25(b)                        USING ITFS CHANNELS            13.74(e)

Market Throughput Rate (Mbps) (a) + (b)                                                             35.05
Total ITFS Throughput Rate (Mbps) (d) + (e)                                                         31.54(f)
Licensee's Educational Reservation (Mbps) 5% of (f)                                                  1.58(g)
Oversubscription Level                                                                                 10(h)
Licensee's Throughput Rate Entitlement (Mbps) (g) * (h)                                             15.77(j)
</TABLE>

<PAGE>

                                                                     Page 2 of 3

EXHIBIT C

                          EXAMPLE

<TABLE>
<CAPTION>
                                                                 Combined
                                  Downlink          Uplink       Data Rate
Products                           (Mbps)           (Mbps)        (Mbps)
--------                          --------          ------       ---------
<S>          <C>                  <C>               <C>          <C>
128 K        Symmetrical          0.128             0.128            0.256
384 K        Symmetrical          0.384             0.384            0.768
640 K        Symmetrical          0.640             0.640            1.280
  1 MB       Symmetrical          1.000             1.000            2.000
1.5 MB       Symmetrical          1.500             1.500            3.000
3.0 MB       Symmetrical          3.000             3.000            6.000
  1 MB       Asymmetrical         1.000             0.512            1.512
</TABLE>

<TABLE>
<CAPTION>
                                            End User                       Licensee's
                                           Throughput          Peak        Throughput
Five Percent Users                            Rate           Benchmark     Peak Hours
 User       Product                          (Mbps)         (terabytes)    (terabytes)
 ----       -------                        ---------        ------------   ------------
 <S>        <C>        <C>                 <C>              <C>            <C>
 1          1.5 MB     Symmetrical           3.000               2.6           3.0
 2            1 MB     Symmetrical           2.000               1.7           1.7
 3            1 MB     Symmetrical           2.000               1.7           1.7
 4            1 MB     Symmetrical           2.000               1.7           2.9
 5          1.5 MB     Symmetrical           3.000               2.6           2.6
 6          1.5 MB     Symmetrical           3.000               2.6           2.6
 7          384 K      Symmetrical           0.768               0.7           0.4
                                             -----              ----          ----
Licensee's Total Ordered Data Speeds (Mbps)  15.77
Benchmark(terabytes)                                            13.6(p)
Licensee's Throughput (terabytes)                                             15.0(t)
</TABLE>

<TABLE>
<CAPTION>
                                                                       Peak          Non Peak
                                                                       ----          --------
<S>                                                                    <C>           <C>
Licensee's Educational Reservation (Mbps)                              1.58           1.58(g)
            Seconds per minute                                           60             60(l)
            Minutes per Hour                                             60             60(m)
            Hours per Day (Peak)                                          8             16(n)
            Days per Month (example)                                     30             30(o)
            Multiple                                                      1              3(q)
                                                                       ----           ----
    Benchmark (terabytes)                                              13.6           81.8(s)
     = (g)*(l)*(m)*(n)*(o)*(q)/1,000,000
</TABLE>

The utilization percentage is calculated by dividing the actual throughput of
all Licensee's Five Percent Users in a month by the Licensee's Throughput
Entitlement

<TABLE>
<CAPTION>
                                                                  Peak       Non Peak
                                                                  ----       --------
<S>                                                               <C>        <C>
Adjustment Ratio
  Licensee's Throughput (terabytes)                               15.0(t)      50.0
  Benchmark (terabytes)                                           13.6         81.8(s)
  Adjustment Ratio(t)/(s)                                         1.10         0.61(u)
</TABLE>

The table immediately below shows the calculation of the Adjusted Licensee
Throughput Rate Entitlement which takes the Licensee Data Rate Entitlement and
divides it by the Adjustment Ratio for the month

<TABLE>
<CAPTION>
                                                                  Peak      Non Peak
                                                                 -----      --------
<S>                                                              <C>        <C>
Licensee's Throughput Rate Entitlement (Mbps)                    15.77         15.77(l)
Adjustment Ratio                                                  1.10          0.61(u)
Adjusted Licensee's Throughput Rate Entitlement (Mbps)           14.34         25.78(v)
Adjustment Number (Mbps) (v) - (l)                               (1.43)        10.02

The New Licensee's Throughput Rate is the minimum of the two                  Rev 1.2
</TABLE>

<PAGE>

                                                                     Page 3 of 3

EXHIBIT C

                                     EXAMPLE

Below is the example of Five Percent Users from the prior page. The bottom of
the prior page shows the need to reduce Licensee's Total Ordered Data Speeds
from 15.77 to 14.34

BEFORE ADJUSTMENT

<TABLE>
<CAPTION>
                                                                                             Peak
                                                          End User                          Actual
                                                         Throughput          Peak         Licensee's
Five Percent Users                                          Rate           Benchmark      Throughput
User       Product                                         (Mbps)         (terabytes)     (terabyte)
----       -------                                       ---------        -----------     ----------
<S>        <C>             <C>                           <C>              <C>             <C>
1           1.5 MB         Symmetrical                      3.000             2.0              3.0
2             1 MB         Symmetrical                      2.000             1.7              1.7
3             1 MB         Symmetrical                      2.000             1.7              1.7
4             1 MB         Symmetrical                      2.000             1.7              2.9
5           1.5 MB         Symmetrical                      3.000             2.6              2.6
6           1.5 MB         Symmetrical                      3.000             2.6              2.6
7           384 K          Symmetrical                      0.768             0.7              0.4
                                                            -----                             ----
Licensee's Total Ordered Data Speeds (Mbps)                 15.77
Benchmark (terabytes)                                                        13.6(s)
Licensee's Throughput (terabytes)                                                             15.0(t)
</TABLE>

Based on the need to reduce Licensee's Total Ordered Data Speeds, the below
example shows elimination (or conversion to pay) of Customer 2 in order to bring
the sum of the End User Throughput Rate to be equal or below the Adjusted
throughput Rate Entitlement of 14.34 Mbps.

<TABLE>
<CAPTION>
                                                      End User
                                                     Throughput
Five Percent Users                                      Rate
User       Product                                     (Mbps)
----       -------                                   ----------
<S>        <C>        <C>                            <C>
1           1.5 MB    Symmetrical                      3.000
3             1 MB    Symmetrical                      2.000
4             1 MB    Symmetrical                      2.000
5           1.5 MB    Symmetrical                      3.000
6           1.5 MB    Symmetrical                      3.000
7           384 K     Symmetrical                      0.768
                                                       -----
Licensee's Total Ordered Date Speeds (Mbps)            13.77
</TABLE>

                                                                         Rev 1.2<PAGE>

                                                                   Exhibit 10.16

                   SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

                            DATED AS OF MAY 24, 2005

                                      AMONG

                              CLEARWIRE CORPORATION

          HISPANIC INFORMATION AND TELECOMMUNICATIONS NETWORK, INC. AND

                               HITN SPECTRUM, LLC

<PAGE>

SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT This Spectrum Access and Loan
Facility Agreement (this "Agreement"), dated as of May 24, 2005, is among
Clearwire Corporation, a Delaware corporation, whose address is 5808 Lake
Washington Blvd. NE, Suite 300, Kirkland, WA 98033 ("Clearwire"), Hispanic
Information and Telecommunications Network, Inc., a New York non-profit
corporation, whose address is 449 Broadway, Third Floor, New York, New York
10013 ("HITN"), and HITN Spectrum, LLC, a Delaware limited liability company,
having an address at 449 Broadway, Third Floor, New York, New York 10013
("Holdco").

                                    RECITALS:

     A.   HITN and Holdco, as HITN's wholly owned affiliate, are eligible to
          hold licenses for EBS spectrum in the United States issued by the FCC.
          HITN currently holds a number of such licenses. HITN has partnered
          with Clearwire to further its mission of providing a network of
          non-commercial telecommunications facilities in order to advance the
          interests of non-profit communities, including educational, social,
          cultural and governmental organizations (collectively, the "Non-Profit
          Community"). In particular, HITN, directly and through its affiliates,
          is focused on the educational, social, cultural, and economic
          aspirations of Hispanics throughout the United States, including
          Puerto Rico. HITN has made certain commercial capacity associated with
          its EBS licenses available to Clearwire, and Clearwire has committed
          to make capacity on its wireless broadband network available to HITN.

     B.   HITN believes that its ability to provide the desired services to the
          Non-Profit Community will be significantly enhanced by expanding the
          geographic reach of its platform through the acquisition by Holdco, or
          wholly owned limited liability company subsidiaries of Holdco (each a
          "Newco") of additional EBS licenses, making the commercial capacity
          associated with those licenses available to Clearwire, subject to
          existing obligations to other commercial operators, and providing
          services to the Non-Profit Community on the reserved spectrum
          capacity.

     C.   Clearwire wishes to obtain a source of spectrum capacity for the
          future and to facilitate the branding of the Clearwire mark through
          the services to be provided by HITN to the Non-Profit Community.
          Therefore, Clearwire has agreed, at its continuing option and in its
          sole discretion, to provide financing to Holdco to facilitate Holdco's
          acquisition of EBS licenses.

PAGE 1 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

     The parties therefore agree as follows:

     1. DEFINITIONS. As used in this Agreement the following terms shall have
the following meanings:

          1.1 "Acquired Channel" shall mean an EBS Opportunity Channel which has
been acquired in an Acquisition.

          1.2 "Acquisition" shall mean an acquisition of EBS Opportunity Channel
by Holdco or Newco, which acquisition is funded by a Purchase Advance.

          1.3 "Acquisition Balance" shall mean the sum of all Advances made by
Clearwire to the date of execution of a Use Agreement by Clearwire with respect
to the EBS Opportunity Channels that are the subject of such Use Agreement,
together with accrued and unpaid interest in respect thereof to the date
thereof.

          1.4 "Acquisition Budget" shall mean a budget submitted by Holdco to
Clearwire for each Acquisition showing the purchase price of the EBS Opportunity
Channel and all Expenses related to the Acquisition.

          1.5 "Advance" shall mean a Purchase Advance or an Expense Advance in
respect of a particular EBS Opportunity Channel or group of EBS Opportunity
Channels in the same Market, and reflected in a Promissory Note in respect of
such Market.

          1.6 "Advance Royalty Payment" has the meaning given that term in the
applicable Use Agreement.

          1.7 "Agreement Expenses" shall mean all out-of-pocket expenses
actually incurred and either paid by HITN or approved in advance by Clearwire in
the preparation and negotiation of this Agreement and the other Loan Documents,
including reasonable attorneys' fees.

          1.8 "Clearwire" has the meaning given that term in the heading, and
shall include any Clearwire affiliate to which are assigned any rights or
obligations of Clearwire as permitted hereunder.

          1.9 "Clearwire License Transfer" has the meaning given that term in
Section 2.5.4.

          1.10 "CW Subsidiary" shall mean a wholly owned subsidiary of
Clearwire.

          1.11 "Default Rate" shall mean five percent (5%) above the prime rate
as published in The Wall Street Journal at the time an Event of Default occurs.

          1.12 "Disallowed Claim" has the meaning given that term in Section
9.4.

PAGE 2 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

          1.13 "EBS" shall mean Educational Broadband Service (formerly known as
"Instructional Television Fixed Service"), as such term is defined in the
current rules and regulations of the FCC.

          1.14 "EBS Opportunity Channels" shall mean EBS spectrum identified by
any of Clearwire, Holdco and HITN as an acquisition opportunity.

          1.15 "Encumbered Channel" shall mean an Acquired Channel which is
subject to a Third-Party Lease that survives the closing of the Acquisition.

          1.16 "Expense Advance" shall mean an advance of funds under a
Promissory Note to pay Expenses, as reflected on a grid attached to such
Promissory Note.

          1.17 "Expense Budget" shall have the meaning assigned to that term in
Section 2.4.

          1.18 "Expenses" shall mean all out-of-pocket expenses actually
incurred and either paid by HITN, Holdco or any Newco or approved in advance by
Clearwire including without limitation all FCC filing fees, application fees,
reasonable legal and engineering fees arising from the Acquisition of an EBS
Opportunity Channel or with respect to the ownership, maintenance and lease of
such EBS Opportunity Channel.

          1.19 "FCC" shall mean Federal Communications Commission.

          1.20 "Global Events of Default" shall have the meaning assigned to
that term in Section 8.1 hereof.

          1.21 "Guarantor" shall have the meaning given that term in Exhibit
1.40.

          1.22 "Guaranty" shall mean, as the context requires, a Guaranty
Agreement in the form attached hereto as Exhibit 1.22 to be executed by HITN in
favor of Clearwire, guaranteeing the obligations of Holdco and each subsequent
Guaranty Agreement to be executed by HITN and Holdco in favor of Clearwire,
guaranteeing the obligations of each Newco.

          1.23 "HITN" has the meaning given that term in the heading.

          1.24 "HITN Indemnitee" has the meaning given that term in Section 9.4.

          1.25 "Holdco" has the meaning given that term in the heading.

          1.26 "Interest Rate" shall mean a fixed rate of interest for each
Promissory Note which shall be fixed at the time of the first Advance thereunder
at a rate equal to the then prime rate of interest as published in The Wall
Street Journal, calculated on the basis of a 365-day year and actual days
elapsed.

          1.27 "Loan Documents" shall mean, collectively, this Agreement, each
Promissory Note, each Security Agreement, each Pledge Agreement, each Guaranty
and any other security documents, guarantees, pledges and agreements executed by
HITN, Holdco and/or

PAGE 3 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

any Newco in connection with this Agreement and any Use Agreement.

          1.28 "Loan Facility" shall mean the credit facilities provided by
Clearwire to Holdco and Newco pursuant to this Agreement.

          1.29 "Market" shall mean the EBS Opportunity Channels in the same
Geographic Service Area (as defined by the FCC) that are the subject of one or
more Acquisitions hereunder.

          1.30 "Market Events of Default" shall have the meaning assigned to
that term in Section 8.2 hereof.

          1.31 "Newco" has the meaning given to that term in Recital B.

          1.32 "Newly Unencumbered Channel" shall mean an EBS Opportunity
Channel that at the time of Acquisition was an Encumbered Channel and is no
longer subject to a Third-Party Lease or Subsequent Lease Rights.

          1.33 "Non-Profit Community" has the meaning given to that term in
Recital A.

          1.34 "Opportunity Notice" has the meaning given that term in Section
2.1.

          1.35 "Other Claim" has the meaning given that term in Section 9.4.

          1.36 "Pledge Agreement" shall mean, as the context requires, a Pledge
Agreement in the form attached hereto as Exhibit 1.36 to be executed by HITN in
favor of Clearwire evidencing the pledge of HITN's membership interests in
Holdco as described in Section 3.6.2 and each subsequent Pledge Agreement to be
executed by Holdco in favor of Clearwire evidencing the pledge of Holdco's
membership interests in a Newco as described in Section 3.6.2.

          1.37 "Promissory Note" shall mean a promissory note in the form
attached hereto as Exhibit 1.37 from Holdco or Newco in favor of Clearwire
evidencing the applicable Advances and any promissory note or notes made and
delivered in substitution or replacement therefor.

          1.38 "Proposed Expense Budget" shall have the meaning assigned to that
term in Section 2.4.

          1.39 "Purchase Advance" shall mean an advance of funds under a
Promissory Note to fund an Acquisition, as reflected on a grid attached to such
Promissory Note.

          1.40 "Security Agreement" shall mean a Security Agreement in the form
attached hereto as Exhibit 1.40 and, as the context requires, each Security
Agreement executed pursuant to this Agreement.

PAGE 4 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

          1.41 "Single Purpose Entity" shall mean an entity that (i) exists
solely for the purpose of owning and operating its EBS Opportunity Channels, and
(ii) conforms with all of the requirements set forth in Exhibit 1.41.

          1.42 "SPE Operating Agreement" has the meaning given that term in
Exhibit 1.41.

          1.43 "Subsequent Lease Rights" shall mean any and all rights of first
refusal, rights of negotiation, rights of first offer, options to lease or
purchase or other similar rights that may be in existence or come into existence
upon the expiration of a Third-Party Lease or otherwise with respect to an
Acquired Channel, but excluding any rights that may be deemed created by this
Agreement or that are otherwise for the benefit of Clearwire or any Clearwire
affiliate.

          1.44 "Third-Party Lease" shall mean a lease, royalty or other
applicable use agreement in respect of an EBS Opportunity Channel by a party
other than Clearwire or HITN as the lessee or party with rights to use all or
some portion of the EBS Opportunity Channel.

          1.45 "UCC" shall mean the Uniform Commercial Code as currently in
force in or as subsequently amended in the State of Washington.

          1.46 "Unencumbered Channel" shall mean an EBS Opportunity Channel that
is not subject to a Third-Party Lease or subject to Subsequent Lease Rights on
the date of the closing of its Acquisition.

          1.47 "Use Agreement" shall mean the form of EBS Excess Capacity Use
and Royalty Agreement attached hereto as Exhibit 1.47, and each Use Agreement
entered into pursuant to this Agreement.

     2. LEASE OPTION.

          2.1 Identification of EBS Opportunity Channel. Any of Clearwire,
Holdco and HITN may identify opportunities for Holdco, or to the extent provided
for in Section 2.3, a Newco, to acquire EBS Opportunity Channels. Such
identification shall be in writing addressed to the other parties at the
addresses provided below for notice and specifically identifying the channels
and the call sign for the channels (each an "Opportunity Notice"). If Clearwire
so identifies EBS Opportunity Channels, HITN and Holdco agree that neither of
them will solicit, negotiate for, purchase, accept assignment or otherwise
acquire such EBS Opportunity Channels other than pursuant to the terms set forth
in this Agreement.

          2.2 Election to Proceed. If HITN and Holdco elect to pursue an
Acquisition through Holdco or a Newco, Holdco will advise Clearwire in writing
of its desire to proceed within five (5) business days following the receipt of
the Opportunity Notice from Clearwire. If Holdco does not respond affirmatively,
Clearwire may pursue the EBS Opportunity Channels with another organization
qualified to hold EBS Channels. If EBS Opportunity Channels are identified by
HITN or Holdco, then Clearwire will inform HITN in writing within fifteen (15)
days following receipt of the Opportunity Notice whether or not it is willing to
provide financing to facilitate the Acquisition. If Clearwire elects to provide
financing, then Clearwire will inform

PAGE 5 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

HITN within 15 days after the receipt by Clearwire of all due diligence
materials related to the Acquisition if Clearwire requires that such Acquisition
be made by a Newco, as provided in Section 2.3. If the parties mutually agree to
pursue an Acquisition pursuant to these procedures and Holdco or a Newco
thereafter signs a binding purchase agreement for such Acquisition on terms
approved by Clearwire, then subject to satisfaction of the conditions precedent
of Section 3.7, Clearwire shall have an obligation to make a Purchase Advance to
fund such Acquisition and to make the other Advances with respect thereto as
herein provided. In the event of an Acquisition, the commercial capacity on the
EBS Opportunity Channels so acquired shall be made available to Clearwire on the
terms set forth in Section 2.5.

          2.3 Acquisition by a Newco. At Clearwire's sole discretion, it may
require Holdco to form a Newco for the purpose of acquiring any of the EBS
Opportunity Channels. Each Newco shall be a Single Purpose Entity and shall also
own no assets other than the EBS Opportunity Channel to be acquired (and any EBS
Opportunity Channels subsequently acquired in the same Market) and the assets
related to the operation of such EBS Opportunity Channel or Channels.

          2.4 Expense Advances.

               2.4.1 Expense Budget Procedures. Within thirty (30) days
following the closing of each Acquisition and each year thereafter, Holdco or
Newco, as the case may be, will propose a budget ("Proposed Expense Budget") of
Expenses necessary to maintain the acquired EBS Opportunity Channel in full
force and effect and to carry out its obligations under any Third-Party Lease
affecting such acquired EBS Opportunity Channel; provided, however, if more than
one Acquisition occurs in a single Market, then the Proposed Expense Budget
shall amend the then existing Expense Budget for the acquired EBS Opportunity
Channels in such Market and shall reflect Expenses for all EBS Opportunity
Channels acquired in such Market. Clearwire will approve or modify the Proposed
Expense Budget within thirty (30) days of its receipt and such Proposed Expense
Budget, as modified, shall be the "Expense Budget" for the EBS Opportunity
Channels in such Market for the following twelve months unless modified by the
addition of more EBS Opportunity Channels in such Market. Clearwire shall be
obligated to make the Expense Advances for the Expenses set forth in the Expense
Budget and such other Expenses that Clearwire approves in writing prior to such
Expenses being incurred.

               2.4.2 Uncompensated Actions. Notwithstanding anything in this
Agreement or any other Loan Document to the contrary, neither Holdco nor any
Newco shall be required to take any action for which Clearwire has not approved
an Expense under this procedure; provided that, any such failure to take an
action shall not prejudice in any manner Clearwire's right to take such action
in place of and in the name of Holdco or a Newco, if in the reasonable judgment
of Clearwire it was necessary to preserve a present or future right of Clearwire
hereunder.

               2.4.3 Application of Third Party Royalties. During the time that
an Acquired Channel is subject to a Third-Party Lease, any royalty payments
which are paid under such Third-Party Lease to Holdco or Newco (including
payments made on account of such Third-Party Lease after its expiration) shall
be held in trust for Clearwire and immediately paid over to Clearwire to be
applied by Clearwire as provided in the Promissory Note related to such

PAGE 6 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

Acquired Channel. Clearwire shall make Expense Advances on a timely basis
regardless of whether there is any delay or shortfall in such royalty payments.
Clearwire shall account for the receipt and application of royalty payments from
Third-Party Leases on the grid attached to the applicable Promissory Note.

               2.4.4 Acquired Markets Subject to Use Agreements. The procedures
outlined for Expense Advances shall cease to the extent Expenses are provided
for under an applicable Use Agreement while such Use Agreement is in force, but
shall continue to be applicable to the Acquired Channels to the extent any
Expenses are not covered by such Use Agreement or if the operation of the Use
Agreement is suspended, terminated or is unenforceable for any reason, as long
as an affiliate of HITN is the holder of the license in respect thereof.

          2.5 Clearwire Option to Enter Use Agreements.

               2.5.1 Use Agreement for Unencumbered Channels. Within five (5)
days following the closing of the Acquisition of any Unencumbered Channels,
Holdco (or the applicable Newco) and Clearwire (or an entity designated by
Clearwire) will enter into a Use Agreement (with the blanks appropriately
completed by Clearwire), and the Advance Royalty Payment shall be equal to the
Acquisition Balance in respect of the Unencumbered Channels, as reflected in the
applicable Promissory Note at the time.

               2.5.2 Subsequent Use Agreement Rights. If any Acquired Channel
is, at the time of the closing of the applicable Acquisition, subject to a
Third-Party Lease and thereafter, such Third-Party Lease expires or is otherwise
terminated pursuant to its terms and there are no Subsequent Lease Rights under
such Third-Party Lease which survive the expiration or termination thereof, then
Holdco or Newco, as the case may be, will then offer to Clearwire, in writing,
the right to enter into a Use Agreement with respect to such Acquired Channel
and if Clearwire accepts such offer within ninety (90) days of the receipt of
such offer by Clearwire, Holdco or Newco shall promptly execute and deliver to
Clearwire a Use Agreement, with the blanks appropriately completed by Clearwire,
and the Advance Royalty Payment shall be equal to the Acquisition Balance.

               2.5.3 Subsequent Use Agreement Option. If any Acquired Channel
is, at the time of the closing of the applicable Acquisition, subject to a
Third-Party Lease which includes Subsequent Lease Rights that survive the
closing of the Acquisition, then HITN, Holdco and Newco agree that during the
term of any such Third-Party Lease and/or during the period during which any
such Subsequent Lease Rights are in effect, that neither HITN, Holdco nor Newco
will take any action that would trigger the Subsequent Lease Rights or
application thereof to such Acquired Channel without the written consent of
Clearwire. Upon the expiration of the Third-Party Lease and the Subsequent Lease
Rights, Holdco or Newco, as the case may be, will then offer to Clearwire, in
writing, the right to enter into a Use Agreement with respect to such Acquired
Channel and if Clearwire accepts such offer within ninety (90) days of the
receipt of such offer by Clearwire, Holdco or Newco shall execute and deliver to
Clearwire a Use Agreement, with the blanks appropriately completed by Clearwire,
and the Advance Royalty Payment shall be equal to the Acquisition Balance.
Notwithstanding the foregoing, if Clearwire determines in good faith that a
breach will not result from, and the Subsequent Lease Rights will not be
triggered by, entering into a Use Agreement for such Acquired Channel with
Clearwire,

PAGE 7 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

Clearwire, by written notice to Holdco (or the applicable Newco) may elect to
enter into a Use Agreement upon the termination or expiration of such
Third-Party Lease. In that event, Holdco (or the applicable Newco) shall,
promptly following expiration or termination of such Third-Party Lease, execute
and deliver to Clearwire a Use Agreement, with the blanks appropriately
completed by Clearwire, and the Advance Royalty Payment shall be equal to the
Acquisition Balance; provided that, Clearwire indemnify, and hold harmless, HITN
and Holdco and any applicable Newco, and their respective Indemnified Parties,
for any and all claims relating to its entering into the Use Agreement, pursuant
to the indemnification procedures set forth in Section 9.4

               2.5.4 Clearwire License Options. If at any time the FCC rules
permit the license of an Acquired Channel to be held by any commercial entity
directly, then pursuant to the applicable Use Agreement if one is then in
effect, Holdco (or the applicable Newco) shall transfer the license to Clearwire
(or its designated CW Subsidiary) at no cost to Clearwire (a "Clearwire License
Transfer"). Where a Use Agreement is not in place with respect to an Acquired
Channel that upon expiration of a Third-Party Lease would be a Newly
Unencumbered Channel, upon Clearwire's request Holdco (or the applicable Newco)
shall transfer the license to Clearwire, at no cost to Clearwire, at which time
any Acquisition Balance in respect of the Acquired Channel shall be deemed
satisfied. Clearwire shall have no right to a Clearwire License Transfer with
respect to any Acquired Channel which is subject to a Third-Party Lease which
includes Subsequent Lease Rights unless Clearwire determines in good faith that
a breach will not result from, and the Subsequent Rights will not be triggered
by, the Clearwire License Transfer. Upon such determination, Clearwire, by
written notice to Holdco (or the applicable Newco) may require Holdco (or the
applicable Newco) to make a Clearwire License Transfer; provided that, Clearwire
indemnify, and hold harmless, HITN and Holdco and any applicable Newco, and
their respective Indemnified Parties, for any and all claims relating to such
Clearwire License Transfer, pursuant to the indemnification procedures set forth
in Section 9.4.

          2.6 Resale of Services. In the event that (i) Clearwire or a CW
Subsidiary becomes the holder of a license for an Acquired Channel pursuant to
the provisions of Section 2.5.4, (ii) Holdco or Newco, as applicable, is then
serving six or more customers through such Acquired Channel, (iii) any
Third-Party Lease or Subsequent Lease Rights related to such Acquired Channel
have expired, and (iv) Clearwire or such CW Subsidiary has launched or
subsequently launches its wireless communications services in the Market over
the Acquired Channel, then Clearwire shall offer to Holdco or Newco, as
applicable, the ability to resell Clearwire's commercial services to nonprofit
accredited and unaccredited educational institutions and other similar nonprofit
institutions in the relevant Market ("Permitted Customers"). If the conditions
in clauses (i), (ii) and (iii) above are satisfied, then within sixty (60) days
following the commencement of commercial services, as described in clause (iv)
above, Clearwire, or the CW Subsidiary, will provide written notice of such
commercial service to Holdco which notice will include a proposed agreement upon
which Holdco or Newco, as applicable, could resell Clearwire's package of
wireless communication services on up to five percent (5%) of the network
capacity on such Acquired Channel to Permitted Customers in the applicable
Market. The prices offered to Holdco or Newco will be the standard wholesale
rates offered to similarly situated, unaffiliated third parties in such Market
purchasing a similar quantity and type of wireless communications services. The
resale agreement will incorporate the standard terms and conditions used by
Clearwire with respect to other similarly situated

PAGE 8 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

resellers of Clearwire's wireless communications services. Clearwire, or the CW
Subsidiary, may terminate any resale agreement entered into pursuant to this
Section 2.6 at any time Holdco or Newco, as applicable, is not serving at least
six customers through the Acquired Channel which is the subject of such resale
agreement.

     3. LOAN AND PROMISSORY NOTE

          3.1 Loan Amount. Subject to the terms and conditions of this Agreement
and each Promissory Note, Clearwire shall make the Loan Facility available to
Holdco. Each Advance shall be evidenced by entry on a grid attached to a
Promissory Note, as described below, the terms of which are by this reference
incorporated in this Agreement.

          3.2 Use of Funds. Holdco, directly or through one or more Newcos,
shall utilize the Loan Facility for the exclusive purpose of the Acquisition of
identified EBS Opportunity Channels or paying the Expenses set forth in an
Expense Budget related thereto or as otherwise approved by Clearwire. The Loan
Facility and Advances thereunder shall not be used for any other purposes,
including for the personal, family, household or other expenses of any
individual.

          3.3 Interest. The outstanding principal balance of each Promissory
Note shall bear interest at the Interest Rate per annum and shall be paid as
provided therein.

          3.4 Default Interest. If any amount due under this Agreement is not
paid when due, such amount shall continue to bear interest from the due date
until and including the date such payment is received by Clearwire at the
Interest Rate per annum.

          3.5 Payments. Principal and accrued interest shall be payable as
described in each Promissory Note. Payment of all principal and interest on each
Promissory Note, and all other amounts due under the Loan Documents, shall be
made at the office of Clearwire set forth above or as otherwise directed in
writing by Clearwire to Holdco or Newco, as applicable. Except as otherwise
specifically provided in this Agreement, Holdco's, Newco's and Clearwire's
obligations to pay all sums due under the Loan Documents shall be absolute and
unconditional under any and all circumstances of any character.

          3.6 Security.

               3.6.1 Security Agreement. All obligations under each Promissory
Note and each Use Agreement related thereto shall be secured by a Security
Agreement granting Clearwire a first and exclusive lien on all of Holdco's
assets in the relevant Market if such Promissory Note is executed by Holdco or
by a Security Agreement granting Clearwire a first and exclusive lien on all of
assets of each Newco, if such Promissory Note is executed by a Newco, in each
case to the extent permitted by law.

               3.6.2 Pledge Agreement. All obligations under every Promissory
Note executed by Holdco and each Use Agreement related thereto shall be further
secured by a Pledge Agreement granting Clearwire a first priority, exclusive
pledge by HITN of 100% of the securities of Holdco. All obligations under each
Promissory Note executed by a Newco and each

PAGE 9 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

Use Agreement related thereto shall be further secured by a Pledge Agreement
granting Clearwire a first priority, exclusive pledge by Holdco of 100% of the
securities of such Newco.

               3.6.3 Guaranty. All obligations under this Agreement, each Use
Agreement and each Promissory Note shall be guaranteed by HITN pursuant to the
Guaranty to the extent permitted by law.

          3.7 Conditions Precedent. The following conditions must be satisfied
or waived by Clearwire before the initial Purchase Advance or Clearwire shall
have no obligation to make such Purchase Advance:

                    (a) All of the Loan Documents to which they are parties and
     which are due to be executed at the time as provided herein must be
     executed by HITN, Holdco or Newco, as the case may be, and delivered to
     Clearwire, and Clearwire must execute all documents to which it is a party;

                    (b) Any other documents, instruments or agreements related
     to the Loan Facility and reasonably requested by Clearwire must be executed
     by HITN, Holdco and/or Newco;

                    (c) HITN must own 100% of the voting and beneficial
     interests of Holdco at all times;

                    (d) Clearwire shall have filed a financing statement in the
     State of Delaware to perfect its security interest in the membership
     interests in Holdco;

                    (e) Clearwire's board of directors must have approved this
     Agreement and the transactions contemplated hereby on or before the date of
     this Agreement;

                    (f) Clearwire must complete, to its satisfaction, its due
     diligence for the initial Purchase Advance and the Acquisition to be funded
     with the proceeds of such Purchase Advance;

                    (g) The representations and warranties of HITN and Holdco
     contained herein and in the other Loan Documents shall be true and correct
     in all material respects as of the date the initial Purchase Advance is
     made as if made on and as of such date (except that representations and
     warranties that are made as of a specific date need be so true and correct
     only as of such date), and that the corporate and limited liability company
     documents described in Sections 3.7(i)((i)and (ii)) have not been amended,
     and Clearwire shall have received certificates to such effect dated as of
     such date and executed by duly authorized officers of HITN and Holdco;

                    (h) Holdco's operating agreement must incorporate the single
     purpose entity provisions attached hereto as Exhibit 1.41;

                    (i) Clearwire shall have received:

PAGE 10 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

                         (i) certified copies of the resolutions of the board of
          directors of HITN and the sole member's consent of Holdco, dated as of
          the date of this Agreement, and approving, as appropriate, the Loan
          Facility, the form of Use Agreement, this Agreement and the other Loan
          Documents, and all other applicable documents, if any, to which HITN
          or Holdco is a party and evidencing corporate or limited liability
          company authorization with respect to such documents;

                         (ii) a certificate of the Secretary or Assistant
          Secretary of HITN and Holdco, dated as of the date of this Agreement,
          and certifying (w) the name, title and true signature of each officer
          of such entity authorized to execute the Loan Documents and the Use
          Agreements to which it is a party, (x) that attached thereto is a true
          and complete copy of the organizing documents and bylaws of HITN or
          the operating agreement of Holdco, as amended to date, and a recent
          certificate of status, certificate of compliance, good standing
          certificate or analogous certificate, (y) that HITN owns 100% of the
          issued and outstanding membership interests of Holdco and that no
          options or other rights exist in any other person, and (z) that Holdco
          has no other securities outstanding;

                         (iii) insurance certificates evidencing the coverages
          required by Section 6.9 and naming Clearwire as an "additional
          insured" or "loss payee," as applicable;

                         (iv) a copy of the most recent tax information return
          on Form 990 filed by HITN with the Internal Revenue Service or other
          applicable information return filed by HITN and a pro forma financial
          statement of Holdco showing the effect of the initial Purchase Advance
          and the first Acquisition; and

                         (v) opinion letters of counsel for HITN and Holdco,
          dated the date of this Agreement, in form and substance satisfactory
          to Clearwire in its sole discretion;

                    (j) Clearwire must approve the Acquisition Budget; and

                    (k) Clearwire must approve the amount of Agreement Expenses
     after HITN has presented Clearwire with a detailed accounting of the same.

          3.8 Future Purchase Advance Conditions Precedent. The following
conditions must be satisfied or waived by Clearwire before each subsequent
Purchase Advance or Clearwire shall have no obligation to make such Purchase
Advance:

                    (a) Holdco or Newco, as the case may be, shall execute a
     Promissory Note with an attached grid showing the amount of the Purchase
     Advance. However, if the Purchase Advance is to fund an Acquisition in a
     Market in which Holdco or an existing Newco already has an Acquired
     Channel, then the Purchase Advance shall be reflected on the grid attached
     to the applicable existing Promissory Note and shall be acknowledged by
     Holdco or Newco, as the case may be, and an additional Promissory Note

PAGE 11 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

     need not be executed. In other words, all Purchase Advances made to the
     same entity to fund Acquisitions in the same Market will be evidenced by
     one Promissory Note;

                    (b) Unless Clearwire has already made a Purchase Advance to
     fund an Acquisition in the same Market, then Holdco will execute a Security
     Agreement granting Clearwire a security interest in all of the assets of
     Holdco in the subject Market;

                    (c) Any other documents, instruments or agreements related
     to the Loan Facility and reasonably requested by Clearwire must be executed
     by HITN and/or Holdco or Newco;

                    (d) Clearwire must complete, to its satisfaction, its due
     diligence for each subsequent Acquisition to be funded with the proceeds of
     a Purchase Advance;

                    (e) The representations and warranties of HITN and Holdco
     contained herein and in the other Loan Documents and in the Use Agreements
     shall be true and correct in all material respects as of the date each
     subsequent Purchase Advance is made as if made on and as of such date
     (except that representations and warranties that are made as of a specific
     date need be so true and correct only as of such date), and that the
     corporate documents described in Sections 3.7(i) (i and ii) have not been
     amended, and Clearwire shall have received certificates to such effect
     dated as of such date and executed by duly authorized officers of HITN and
     Holdco; and

                    (f) Clearwire must approve the Acquisition Budget.

          3.9 Expense Advance Conditions Precedent. The following conditions
must be satisfied or waived by Clearwire before each Expense Advance or
Clearwire shall have no obligation to make such Expense Advance:

                    (a) Clearwire must have approved the initial Expense Budget
     or the applicable annual Expense Budget;

                    (b) Holdco or Newco must deliver a written request for the
     Expense Advance at least 15 days prior to the proposed date of the Expense
     Advance stating the amount of the Expense Advance, the items to be paid for
     with the Expense Advance, a copy of the invoice(s) to be paid, and other
     information reasonably requested by Clearwire from time to time. Submission
     of such a request shall be deemed a representation by the submitting party
     that (i) no Global Event of Default exists, (ii) no Market Event of Default
     exists in the Market of the Acquired Channel for which the Expense Advance
     is requested, (iii) all of the representations and warranties of HITN,
     Holdco and Newco contained in this Agreement are true and correct as of the
     date of the request and (iv) all Expenses which are described in the
     request for the Expense Advance have been paid or approved in advance by
     Clearwire;

                    (c) The items to be paid with the Expense Advance must have
     been included in the applicable Expense Budget or, if not included, then
     Clearwire must have approved such Expense in writing; and

PAGE 12 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

                    (d) Holdco or Newco, as the case may be, shall acknowledge
     the grid attached to the applicable Promissory Note evidencing the Expense
     Advance.

          3.10 Conditions Precedent for Newco. The following additional
conditions must be satisfied or waived by Clearwire before the first Purchase
Advance or Expense Advance to each Newco or Clearwire shall have no obligation
to make such Advance:

                    (a) HITN and Holdco must each execute and deliver to
     Clearwire a Guaranty, guaranteeing the obligations of the Newco which will
     receive the Advance;

                    (b) Holdco must execute and deliver to Clearwire a Pledge
     Agreement, granting Clearwire a first priority and exclusive pledge by
     Holdco of 100% of the securities of Newco;

                    (c) Newco must execute and deliver to Clearwire a Security
     Agreement, granting Clearwire a first and exclusive lien on all of assets
     of Newco, to the extent permitted by law;

                    (d) Clearwire shall have filed a financing statement in the
     State of Delaware to perfect its security interest in the membership
     interests in Newco;

                    (e) Holdco must take any other actions necessary to provide
     Clearwire with a perfected first security interest in all of the issued and
     outstanding securities of Newco;

                    (f) Newco must be a Single Purpose Entity and, after the
     Acquisition, must own no assets other than the EBS Opportunity Channel to
     be acquired and the assets related to operating it;

                    (g) Clearwire shall have received:

                         (i) a certified copy of the sole member's consent of
          Newco, dated as of the date of the Acquisition, and approving, as
          appropriate, the Use Agreement and the other Loan Documents, and all
          other applicable documents, if any, to which Newco is a party and
          evidencing authorization with respect to such documents;

                         (ii) a certificate of the Secretary or Assistant
          Secretary of Newco, dated as of the date of the Acquisition, and
          certifying (w) the name, title and true signature of each officer of
          such entity authorized to execute the Loan Documents and Use
          Agreements to which it is a party, (x) that attached thereto is a true
          and complete copy of the organizing documents and operating agreement
          of Newco, as amended to date, and a recent certificate of status,
          certificate of compliance, good standing certificate or analogous
          certificate, (y) that Holdco owns 100% of the issued and outstanding
          membership interests of Newco and that no options or other rights
          exist in any other person, and (z) that Newco has no other securities
          outstanding;

PAGE 13 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

                         (iii) insurance certificates evidencing the coverages
          required by Section 6.9 and naming Clearwire as an "additional
          insured" or "loss payee," as applicable;

                         (iv) a pro forma financial statement of Newco showing
          the effect of the subject Purchase Advance and the subject
          Acquisition; and

                         (v) an opinion letter of counsel for Newco in the same
          form and substance as was delivered with respect to Holdco pursuant to
          Section 3.7(i)(v); and

                    (h) Newco must execute an agreement in form attached hereto
     as Exhibit 3.10(h) to the effect that all representations, warranties and
     covenants under this Agreement that apply to Holdco also apply to Newco in
     the same fashion and that Newco is bound by the terms and conditions of
     this Agreement in the same fashion as Holdco as if it had been a party to
     this Agreement at the outset.

     4. REPRESENTATIONS AND WARRANTIES OF HITN AND HOLDCO. HITN and Holdco
hereby represent and warrant to Clearwire as follows:

          4.1 Nature of HITN and Newco. HITN is a non-profit corporation duly
organized, validly existing, and in good standing under the laws of New York.
Holdco is a non-profit single member limited liability company duly organized,
validly existing, and in good standing under the laws of Delaware. Both HITN and
Holdco have powers adequate for (a) making and performing each of the Loan
Documents and Use Agreements to which it is a party and (b) carrying on its
business and owning its property.

          4.2 Single Purpose Entity. Holdco at all times shall remain a Single
Purpose Entity until after every Advance has been repaid in full, all
obligations of HITN and Holdco under every Loan Document and Use Agreement have
been fully satisfied, and this Agreement has been terminated by Clearwire
pursuant to Section 9.13.

          4.3 Authorization. The execution, delivery and performance of each of
the Loan Documents and Use Agreements have been duly authorized by all necessary
corporate action required by HITN's and Holdco's organizing documents, HITN's
bylaws, Holdco's operating agreement and all applicable laws.

          4.4 Power. The execution and performance of, and the compliance with
the provisions of, each of the Loan Documents and Use Agreements will not
violate any provision of any applicable law or any provision of HITN's or
Holdco's organizing documents and bylaws or operating agreement, respectively,
and will not conflict with or result in any breach of or result in the creation
or imposition of any encumbrance upon any of the properties or assets of HITN or
Holdco pursuant to the terms of, or constitute a default under, any other
agreement or instrument to which HITN or Holdco is a party or is bound.

          4.5 Binding Effect. This Agreement constitutes, and the Use
Agreements, the Promissory Note and each of the other Loan Documents when
executed and delivered by HITN and Holdco, as applicable, will constitute, valid
obligations of HITN and Holdco, as applicable, which are binding and enforceable
against it in accordance with their respective terms, subject to

PAGE 14 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and
similar laws of general applicability relating to or affecting creditors' rights
and to general equity principles.

          4.6 Familiarity with Terms. HITN and Holdco are fully familiar with
all of the terms, covenants and conditions of the Loan Documents and Use
Agreements.

          4.7 Legal Proceedings. There is no proceeding pending or, to the best
knowledge of HITN and Holdco, threatened before or by any federal, state,
municipal or other governmental department, commission (including the FCC) or
instrumentality, domestic or foreign, which might result in any materially
adverse change in HITN's or Holdco's financial condition or operations.

          4.8 No Governmental Approvals. No registration with or approval of any
governmental agency or commission, including the FCC, is necessary for the due
execution and delivery of this Agreement, the Promissory Note, any of the other
Loan Documents or the Use Agreements or for the validity or enforceability
thereof with respect to any of HITN's or Holdco's obligations hereunder or
thereunder; provided, however, that in the event of default, certain FCC
notifications or approvals may be required before any action that would result
in a transfer of control of Holdco may be permissible.

          4.9 Compliance with Laws. HITN and Holdco have complied with, and
shall continue to comply with, all laws, regulations and orders which affect in
any material respect Holdco's right to carry on its operations, perform its
obligations under the Loan Documents and Use Agreements or meet its obligations
in the ordinary course of business.

          4.10 Financial Condition. The financial statement of Holdco as of the
closing of the Loan Facility, heretofore delivered to Clearwire correctly sets
forth the financial condition of Holdco as of the date thereof, and there has
been no material adverse change in the condition or operations of Holdco since
such date. Holdco has not made any cash distribution or otherwise distributed
profits, property or assets or agreed to do any of the foregoing other than as
stated in such financial statement. Upon funding of any Advance under the Loan
Facility, (i) Holdco will have no debt except that listed on its financial
statement, (ii) Holdco will have no liabilities or obligations except to
Clearwire under the Use Agreements, upon the execution thereof, and to lessees
under the Third-Party Leases, and (iii) there will be no liens against the
assets of Holdco.

          4.11 No Encumbrance. Other than pursuant to the Pledge Agreement,
there is no encumbrance on the membership interests in Holdco, and HITN will not
further pledge such interests. Holdco has not pledged any of its assets and will
not do so except pursuant to a Security Agreement.

          4.12 Agreements. Neither HITN nor Holdco is a party to or subject to
any material agreement or instrument or charter or other internal restriction
materially adversely affecting the business, properties, assets, operations or
condition (financial or otherwise) of Holdco.

          4.13 Performance. Neither HITN nor Holdco is in default in the
performance, observance or fulfillment of any of the obligations, covenants or
conditions contained in any contractual obligation of HITN or Holdco and no
condition exists which, with the giving of

PAGE 15 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

notice or the lapse of time or both, would constitute such a default, except in
either case where the consequences, direct or indirect, of such default or
defaults, if any, would not have a material adverse effect on the business,
properties, assets, operations or condition (financial or otherwise) of HITN or
Holdco.

          4.14 Brokers. Neither Holdco nor HITN has engaged a broker in
connection with the Loan Facility.

     5. REPRESENTATIONS AND WARRANTIES OF CLEARWIRE. Clearwire hereby represents
and warrants to HITN as follows:

          5.1 Nature of Clearwire. Clearwire is a corporation duly organized,
validly existing, and in good standing under the laws of Delaware. Clearwire has
powers adequate for (a) making and performing each of the Loan Documents and Use
Agreements to which it is a party and (b) carrying on its business and owning
its property.

          5.2 Authorization. The execution, delivery and performance of each of
the Loan Documents and Use Agreements to which it is a party have been duly
authorized by all necessary corporate action required by Clearwire's articles of
incorporation and bylaws and all applicable laws.

          5.3 Power. The execution and performance of, and the compliance with
the provisions of, each of the Loan Documents and Use Agreements to which it is
a party will not violate any provision of any applicable law or any provision of
Clearwire's articles of incorporation and bylaws, and will not conflict with or
result in any breach of or result in the creation or imposition of any
encumbrance upon any of the properties or assets of Clearwire pursuant to the
terms of, or constitute a default under, any other agreement or instrument to
which Clearwire is a party or is bound.

          5.4 Binding Effect. This Agreement constitutes, and each of the other
Loan Documents and Use Agreements to which it is a party when executed and
delivered by Clearwire, will constitute, valid obligations of Clearwire, which
are binding and enforceable against it in accordance with their respective
terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization,
moratorium and similar laws of general applicability relating to or affecting
creditors' rights and to general equity principles.

          5.5 Familiarity with Terms. Clearwire is fully familiar with all of
the terms, covenants and conditions of the Loan Documents and Use Agreements.

          5.6 No Governmental Approvals. No registration with or approval of any
governmental agency or commission, including the FCC, is necessary for the due
execution and delivery of this Agreement, or any of the other Loan Documents or
Use Agreements to which it is a party or for the validity or enforceability
thereof with respect to any of Clearwire's obligations hereunder or thereunder;
provided, however, that in the event of default, certain FCC notifications or
approvals may be required before any action that would result in a transfer of
control of Holdco may be permissible.

PAGE 16 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

          5.7 Compliance with Laws. Clearwire has complied with, and shall
continue to comply with, all laws, regulations and orders which affect in any
material respect Clearwire's right to carry on its operations, perform its
obligations under the Loan Documents and Use Agreements to which it is a party
or meet its obligations in the ordinary course of business.

          5.8 Brokers. Clearwire has not engaged a broker in connection with the
Loan Facility.

          5.9 Licenses. Clearwire will not take any actions contrary to the
rules and regulations of the FCC which would result in the loss or forfeiture of
licenses for the EBS Opportunity Channels acquired with a Purchase Advance.

          5.10 Expenses. Clearwire will pay all Expenses required to be paid by
it under this Agreement or under any Use Agreement.

     6. AFFIRMATIVE COVENANTS. Until all amounts owed under this Agreement, the
Promissory Note and the other Loan Documents have been paid in full and so long
as no Event of Default has occurred, Clearwire shall cause to be paid to HITN or
Holdco, as the case may be, the amounts required for Holdco and HITN to timely,
at its own expense, comply with the terms of this Section 6.

          6.1 Financial Information. Holdco shall furnish or cause to be
furnished to Clearwire, as soon as the same are available, and in any event (a)
within thirty (30) days after the end of each fiscal quarter, a statement of
profit and loss and of surplus of the quarter then ended and a balance sheet as
of the end of such quarter, all in reasonable detail and certified by Holdco's
chief financial officer, and (b) within ninety (90) days after the end of each
fiscal year, copies of Holdco's current annual financial statements. Such annual
financial statements shall be prepared in accordance with generally accepted
accounting principles applied on a basis consistently maintained throughout the
period involved and with prior periods and certified to by a recognized firm of
independent certified public accountants satisfactory to Clearwire.

          6.2 Notice of Default. Immediately upon obtaining knowledge of the
occurrence of any event which constitutes an Event of Default, or which with
notice or lapse of time, or both, would constitute an Event of Default, Holdco
shall give written notice thereof to Clearwire, together with a detailed
statement of the steps being taken by HITN or Holdco to cure such Event of
Default.

          6.3 Maintenance of Existence. Holdco shall cause to be done all things
necessary to maintain and preserve its existence, rights, licenses, leases and
franchises, and shall comply with all related laws applicable to Holdco in such
manner as their counsel shall advise.

          6.4 Payment of Taxes. Holdco shall pay all taxes, assessments and
charges lawfully levied or imposed by the United States or any state, local or
foreign government or taxing authority on or with respect to Holdco's business,
properties and assets.

          6.5 Maintenance of Property and Leases. Holdco shall keep its
properties in good repair and condition, reasonable wear and tear excepted, and
from time to time make all necessary and proper repairs, renewals, replacements,
additions and improvements thereto.

PAGE 17 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

Holdco shall at all times comply with the provisions of all Third-Party Leases
and all other licenses and leases, including the rules and regulations of the
FCC incorporated thereon to which they are a party so as to prevent any loss or
forfeiture thereof or thereunder.

          6.6 Notice of Litigation. HITN and Holdco shall promptly notify
Clearwire in writing of the initiation of any litigation against HITN or Holdco
or any of them which in HITN's good-faith judgment might materially and
adversely affect the operations, financial condition, property or business of
Holdco or HITN's ability to perform under the Pledge and Guaranty.

          6.7 Accounts and Reports. Holdco shall keep true and accurate records
and books of account in which full, true and correct entries shall be made of
all dealings or transactions in relation to its business and affairs in
accordance with generally accepted accounting principles applied on a consistent
basis.

          6.8 Inspection. Holdco shall permit Clearwire or its designated
representative, at all reasonable hours upon reasonable advance notice, to visit
and inspect its properties, offices and facilities, and to examine Holdco's
books of account.

          6.9 Insurance. Holdco shall maintain personal property insurance,
comprehensive public liability insurance (including but not limited to products
liability) and such other insurance as is reasonably required by Clearwire,
subject to deductibles reasonably required by Clearwire, issued by insurers
satisfactory to Clearwire and under policies (or binders) of a form and type
acceptable to Clearwire. Copies of such policies or certificates, and all
amendments or changes thereto, evidencing coverage shall be provided to
Clearwire. Clearwire shall be listed as a "loss payee" under personal property
insurance and an "additional insured" under liability policies. All insurance
policies shall contain an endorsement in form and substance acceptable to
Clearwire to the effect that they may not be cancelled or materially changed
without thirty (30) days prior written notice to Clearwire.

          6.10 License Renewal. HITN or Holdco, as appropriate, shall apply for
the renewal of the EBS licenses acquired in any Acquisition in a timely manner,
and Clearwire shall advance any and all costs associated therewith, and with all
compliance required to maintain and build out the station as required thereby,
to HITN.

     7. NEGATIVE COVENANTS. Until all amounts owed under this Agreement, the
Promissory Note and the other Loan Documents have been paid in full, Holdco
shall not, and HITN shall not allow Holdco nor any Newco, without the prior
written consent of Clearwire, to:

          7.1 Distributions. Make any cash distributions or otherwise distribute
property in kind;

          7.2 Internal Loans. Make any loans or advances to any of its officers,
directors or shareholders, or assume, guarantee, endorse or otherwise become
directly or contingently liable in connection with any obligation of any of its
officers, directors or shareholders or any third party except for the guaranty;

PAGE 18 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT
<PAGE>

          7.3 Changes. Change its name, liquidate, dissolve, enter into any
merger or consolidation, create or acquire any subsidiaries, except for the
creation of Newcos by Holdco, or, except for the Use Agreements and Third-Party
Leases or in the ordinary course of business, sell, lease, transfer or
distribute any of its assets;

          7.4 Debt. Except for the Loan Facility, borrow money or incur any
indebtedness or enter into any agreement with respect to the same, other than
unsecured trade debt incurred in the ordinary course of business in connection
with maintaining or using the EBS Opportunity Channels;

          7.5 Capital Expenditures. Incur any new capital expenditures (by
purchase or lease) other than what is required to maintain Holdco's (or any
Newco's) existing assets or pursuant to an Acquisition and in the use of
spectrum under a Use Agreement or pursuant to Section 2.6;

          7.6 Other Loans. Make any loan or advance to, or investment in, any
person except for investments in short-term, direct obligations of the United
States government, certificates of deposit issued by Bank, investments in
commercial paper maturing 270 days or less and rated at least A-1 by Standard &
Poor's Corporation or P-1 by Moody's Investors Services, Inc.;

          7.7 Subsequent Lease Rights. Take any action that triggers Subsequent
Lease Rights for any other party to lease, use or purchase any of the spectrum
on the EBS Opportunity Channels or Acquired Channels, pursuant to a Third-Party
Lease or otherwise;

          7.8 Negotiations. Enter into any negotiations or agreements with a
third party other than Clearwire relating in any way to the future lease, use,
sale transfer or assignment of the EBS Opportunity Channels, the Acquired
Channels or the associated commercial capacity except as required by any
existing Third-Party Lease; or

          7.9 Third-Party Leases. Modify, amend or waive any provisions of
existing Third-Party Leases without Clearwire's consent, which shall be given or
withheld in Clearwire's sole and absolute discretion.

     8.   EVENTS OF DEFAULT

          8.1 Global Events of Default. The occurrence of one or more of the
following events (herein called "Global Events of Default") shall constitute a
default under this Agreement: (a) a material default by HITN, Holdco or Newco
under any of the other Loan Documents, subject to notice and/or cure periods
provided therein, if any, which default could, if not cured, result in (i) a
lien being imposed on the membership interests in Holdco or Newco or the assets
of Holdco or Newco, or (ii) the loss of an FCC license or (iii) the extension of
a Third-Party Lease; (b) the occurrence of any proceeding by or against HITN or
Holdco under any provision of bankruptcy law, or the occurrence of any other
bankruptcy, insolvency or similar act or proceeding by or against HITN or
Holdco; (c) any representation or warranty contained in any of the Loan
Documents proves untrue in any material respect; (d) the failure by Holdco or
any Newco at any time to be a Single Purpose Entity; or (e) the failure by HITN,
Holdco or any Newco to strictly comply with the provisions of Section 6.3
(Maintenance of Existence),

PAGE 19 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

Section 6.5 (Maintenance of Property and Leases), Section 6.9 (Insurance),
Section 6.10 (License Renewal), Section 7.3 (Changes), Section 7.7 (Subsequent
Lease Rights), Section 7.8 (Negotiations) or Section 7.9 (Third-Party Leases).

          8.2 Market Events of Default. The occurrence of one or more of the
following events (herein called "Market Events of Default") shall constitute a
default under this Agreement: (a) Holdco's or Newco's failure to pay any
installment of principal and interest due under any Promissory Note or any other
amount under any of the Loan Documents when and as the same shall become due and
payable as therein or herein expressed; provided, however, this shall not be a
Market Event of Default if such failure is due to the failure of the lessee
under a Third-Party Lease to make its payment and Holdco or Newco, as the case
may be, has taken all available steps to remedy such failure; (b) HITN's,
Holdco's or Newco's failure to duly perform or observe any other material
covenant or condition to be performed or observed by it hereunder, not expressly
described in Section 8.1, following five (5) business days notice from
Clearwire; (c) Holdco or Newco shall be in default in the payment or performance
of any material obligation to any third party under any promissory note,
contract or other instrument to which it is a party or is bound; (d) final
judgment for the payment of money not covered by insurance aggregating in excess
of Fifty Thousand United States Dollars ($50,000.00) shall be rendered against
Holdco or Newco and the same shall remain outstanding and undischarged for a
period of thirty (30) days thereafter; (e) Holdco's or Newco's default under any
contractual obligation between Holdco or Newco and Clearwire, including the Use
Agreements; or (f) a default by HITN, Holdco or Newco under any of the other
Loan Documents which is not expressly described in Section 8.1, subject to
notice and/or cure periods provided therein.

          8.3 Clearwire Default. No Global Event of Default or Market Event of
Default shall be deemed to have occurred and be continuing if Clearwire is in
default of its obligations under this Agreement to pay Expenses.

          8.4 Global Default Remedies. Upon the occurrence of a Global Event of
Default and while any Global Event of Default is continuing, and subject to any
relevant FCC notice or approval requirements, Clearwire may at its option elect
to pursue any or all of the following remedies, which are cumulative and in
addition to any other right or remedy provided by applicable law: (a) without
further demand, protest or notice of any kind to HITN, Holdco or Newco, declare
any or all Advances made to or for the benefit of Holdco and any Newco under any
and all Promissory Notes to be due and immediately payable, and upon such
declaration the same shall become and be immediately due and payable; (b) in the
event HITN, Holdco or Newco fails to perform any act which it is required to
perform under the Loan Documents, including enforcement of rights or exercise of
remedies under Third-Party Leases, Clearwire may perform such act, and any
reasonable expense thereby incurred by Clearwire shall be a demand obligation
owing by HITN, Holdco and Newco unless Clearwire is obligated hereunder to pay
such expense; (c) assert such other rights and remedies of a secured party under
any and all Pledge Agreements and Security Agreements and under the laws of the
United States or the State of Washington (regardless of whether such law or one
similar thereto has been enacted in the jurisdiction where the rights or
remedies are asserted), including, without limitation, all rights and remedies
of a secured party under the UCC, whether or not this Agreement and the
transactions contemplated hereby are determined to be governed by the UCC; (d)
take any and all steps necessary to prevent the loss of an FCC license; and (e)
assert all other rights and

PAGE 20 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

remedies available under any of the Loan Documents, provided, however, Clearwire
will not seek monetary damages against HITN under this clause (e) until it has
made reasonable efforts to satisfy its claim through the remedies described in
clauses (a), (b) and (c).

          8.5 Market Default Remedies. Upon the occurrence of a Market Event of
Default and while any Market Event of Default is continuing, and subject to any
relevant FCC notice or approval requirements, Clearwire may at its option elect
to pursue any or all of the following remedies, which are cumulative and in
addition to any other right or remedy provided by applicable law: (a) without
further demand, protest or notice of any kind to HITN, Holdco or Newco, declare
any or all Advances made to or for the benefit of the defaulting party under the
applicable Promissory Note to be due and immediately payable, and upon such
declaration the same shall become and be immediately due and payable; (b) in the
event HITN, Holdco or any Newco fails to perform any act which it is required to
perform under the Loan Documents or Use Agreements, including enforcement of
rights or exercise of remedies under Third-Party Leases, Clearwire may perform
such act, and any reasonable expense thereby incurred by Clearwire shall be a
demand obligation owing by HITN, Holdco or Newco, respectively, unless Clearwire
is obligated hereunder to pay such expense; (c) assert such other rights and
remedies of a secured party under the applicable Pledge Agreement and Security
Agreement and under the laws of the United States or the State of Washington
(regardless of whether such law or one similar thereto has been enacted in the
jurisdiction where the rights or remedies are asserted), including, without
limitation, all rights and remedies of a secured party under the UCC, whether or
not this Agreement and the transactions contemplated hereby are determined to be
governed by the UCC; and (d) take any and all steps necessary to prevent the
loss of an FCC license.

          8.6 FCC Approval. To the extent Clearwire asserts any rights or
remedies under this Agreement that may result in a de jure or de facto transfer
of control of Holdco or Newco under the provisions of the Communications Act of
1934 and/or the Rules and decisions of the FCC, Clearwire agrees that it will
prepare and file the necessary applications with the FCC for such a transfer.
Clearwire agrees that no transfer of control will take place until any necessary
approvals for such a transfer are obtained from the FCC. For purposes of
accomplishing such transfer, Clearwire may assign its rights hereunder to a
third party.

          8.7 Costs and Expenses. Holdco shall pay to Clearwire on demand all
reasonable attorneys' fees (including allocated costs for in-house legal
services) and other costs and expenses reasonably incurred by Clearwire
exercising its rights, powers or remedies under Section 8.4 hereof, together
with interest on such sums at a fixed rate per annum equal to the Default Rate
from the date when the costs and expenses are incurred until fully paid,
provided in no event shall the rate of interest exceed that permitted by
applicable law; provided, however, if Clearwire incurs fees, costs or expenses
due to the default of the lessee under a Third-Party Lease or as a result of a
failure of Clearwire to pay Expenses, then Holdco shall have no payment
obligation under this Section 8.7.

     9.   MISCELLANEOUS PROVISIONS.

          9.1 No Operational Control. Nothing in this Agreement shall be
interpreted to give operational control over Holdco or any Newco to Clearwire.
Clearwire agrees that control over Holdco and each Newco, and, subject to the
Third-Party Leases and the Use Agreements,

PAGE 21 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

any FCC licenses held by Holdco or any Newco will remain with HITN, Holdco and
Newco, as applicable, and their existing (or, in the case of each Newco,
initial) owners, officers and directors, unless and until Clearwire seeks and
obtains any FCC approval, as and if applicable, for a transfer of control.

          9.2 Amendments and Waivers. Any provision of this Agreement may be
amended or waived if, and only if, such amendment or waiver is in writing and
signed (in the case of an amendment) by HITN, Holdco and Clearwire or (in the
case of a waiver) by the party against whom the waiver is to be effective. No
failure or delay by either party in exercising any right, power or privilege
hereunder shall operate as a waiver thereof nor shall any single or partial
exercise thereof preclude any other or further exercise thereof or the exercise
of any other right, power or privilege.

          9.3 Notices. All notices or other communications hereunder shall be in
writing and shall be deemed to have been duly given or made (i) upon delivery if
delivered personally (by courier service or otherwise), as evidenced by written
receipt or other written proof of delivery (which may be a printout of the
tracking information of a courier service that made such delivery), or (ii) upon
confirmation of dispatch if sent by facsimile transmission (which confirmation
shall be sufficient if shown by evidence produced by the facsimile machine used
for such transmission), in each case to the applicable addresses set forth below
(or such other address which either Party may from time to time specify):

          If to HITN, Holdco or Newco: Hispanic Information and
                                       Telecommunications Network, Inc.
                                       449 Broadway, Third Floor
                                       New York, New York 10013
                                       Attention: Jose Luis Rodriguez
                                       Facsimile No.: (212) 966-5725

          With a copy to:              Day, Berry & Howard LLP
                                       875 Third Avenue
                                       New York, NY 10022
                                       Attention: Sabino Rodriguez, Esq.
                                       Facsimile No.: (212) 829-3601

          With a copy to:              RJGLaw LLC
                                       1010 Wayne Avenue, Suite 950
                                       Silver Spring, MD 20910
                                       Attention: Rudolph J. Geist
                                       Facsimile No.: (301) 589-2644

PAGE 22 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

          If to Clearwire:   Clearwire Corporation
                             10210 N.E. Points Drive, Suite 210
                             Kirkland, WA 98033
                             Attention: Benjamin G. Wolff
                             Facsimile: 425-828-8061

          With a copy to:    Davis Wright Tremaine LLP
                             1501 Fourth Avenue
                             2600 Century Square
                             Seattle, WA 98101
                             Attention: Julie A. Weston, Esq.
                             Facsimile: 206-628-7699

HITN and Holdco hereby agree that such notice shall be deemed to meet any
requirements of reasonable notice contained in the UCC.

          9.4 Indemnification. Clearwire shall defend, indemnify and hold
harmless HITN, Holdco and each Newco (each a "HITN Indemnitee") from and against
any and all actions by any person arising (a) in whole or in part as a result of
the execution of this Agreement or any Loan Document, or (b) otherwise by virtue
of the status of Holdco or Newco as the holder of the license in respect of any
Acquired Channel, provided that (x) such action was not the result of the
negligence, gross negligence, or intentional or willful misconduct on the part
of a HITN Indemnitee or (y) such action would not have a basis if all the
representations in Section 4 (including as applicable to each Newco) were true,
and (z) in either case, there would have been no liability but for the existence
of the circumstance in (x) or (y) (each a "Disallowed Claim"). Upon the request
of a HITN Indemnitee to defend an action under this Section, Clearwire shall
either: (1) engage counsel of its choosing to defend the HITN Indemnitee; (2)
notify the HITN Indemnitee to select counsel, which must be reasonably
acceptable to Clearwire, in which case Clearwire shall promptly advance the
amount of reasonable attorneys fees to defend any such action as such fees are
incurred; or (3) advise the HITN Indemnitee that the action is a Disallowed
Claim. HITN shall defend, indemnify and hold harmless Clearwire and each CW
Subsidiary from and against any and all actions by any person arising from a
Disallowed Claim and any action brought solely against Clearwire or a CW
Subsidiary which would be a Disallowed Claim had such action also been brought
against a HITN Indemnitee ("Other Claim"). HITN shall promptly advance the
amount of reasonable attorneys fees to defend any such Disallowed Claim or Other
Claim as such fees are incurred. Any person with rights to indemnification
hereunder may decline a defense upon written notice and the related
indemnification obligation shall then lapse.

          9.5 Costs and Expenses. Clearwire shall pay its costs and expenses
incurred by it, including the fees and out-of-pocket expenses of its own legal
counsel, in connection with the preparation, negotiation and filing of the Loan
Documents. In addition, Clearwire shall pay such costs and expenses reasonably
and necessarily incurred by HITN and Holdco not to exceed $22,500.00.

          9.6 Survival of Covenants. All covenants, agreements, representations
and warranties made by HITN and Holdco hereunder shall survive the execution and
delivery of this

PAGE 23 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

Agreement, the Loan Facility hereunder and the termination hereof. Clearwire's
agreement in Section 2.6 and its covenants in Sections 5.9 and 5.10 shall
survive the execution and delivery of this Agreement, the Loan hereunder and the
termination hereof.

          9.7 Severability. The unenforceability or invalidity of any provision
or provisions of this Agreement, the Promissory Note or any other Loan Document
shall not render any other provision or provisions hereof or thereof
unenforceable or invalid.

          9.8 Additional Loan Documents. HITN shall at Clearwire's request, from
time to time, at Clearwire's sole cost and expense, execute, re-execute, deliver
and redeliver any and all documents, and do and perform such other and further
acts, as may reasonably be required by Clearwire to enable Clearwire to perfect,
preserve, and protect its security interest in the collateral subject to the
Pledge Agreement and the Security Agreement and its rights and remedies under
this Agreement or granted by law and to carry out and effect the intents and
purposes of this Agreement.

          9.9 Assignment. This Agreement and the Loan Documents shall be binding
upon and shall inure to the benefit of the parties and their respective
successors and permitted assigns. This Agreement and the Loan Documents may not
be assigned by HITN or Holdco. Clearwire may transfer or assign the Loan
Facility, this Agreement and any other Loan Document to any of its affiliates.

          9.10 Counterparts. This Agreement may be executed and delivered
(including by facsimile transmission) in one or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and
the same instrument.

          9.11 Governing Law. This Agreement, the Promissory Note and the Loan
Documents shall be governed by, and construed in accordance with, the internal
laws of the State of Washington, without reference to the choice of law
principles thereof. HITN AND HOLDCO IRREVOCABLY AGREE THAT, SUBJECT TO
CLEARWIRE'S SOLE AND ABSOLUTE DISCRETION, ALL ACTIONS OR PROCEEDINGS IN ANY WAY
ARISING OUT OF OR RELATED TO THIS AGREEMENT, THE OTHER DOCUMENTS OR THE LOAN
FACILITY SHALL BE LITIGATED IN COURTS HAVING SITUS WITHIN THE COUNTY OF KING,
STATE OF WASHINGTON. HITN AND HOLDCO HEREBY CONSENT AND SUBMIT TO THE
JURISDICTION OF ANY LOCAL, STATE OR FEDERAL COURT LOCATED WITHIN SUCH COUNTY AND
STATE. HITN AND HOLDCO HEREBY WAIVE ANY RIGHT THEY MAY HAVE TO TRANSFER OR
CHANGE THE VENUE OF ANY LITIGATION BROUGHT AGAINST HITN OR HOLDCO BY CLEARWIRE
IN ACCORDANCE WITH THIS SECTION.

          9.12 Waiver of Jury Trial. HITN, HOLDCO AND CLEARWIRE HEREBY
KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY WAIVE ANY RIGHT TO TRIAL BY JURY HITN,
HOLDCO AND CLEARWIRE MAY HAVE IN ANY ACTION OR PROCEEDING, IN LAW OR IN EQUITY,
IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS RELATED HERETO. HITN AND
HOLDCO REPRESENT AND WARRANT THAT NO REPRESENTATIVE OR AGENT OF CLEARWIRE HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT CLEARWIRE WILL NOT, IN THE

PAGE 24 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

EVENT OF LITIGATION, SEEK TO ENFORCE THIS JURY TRIAL WAIVER, HITN AND HOLDCO
ACKNOWLEDGE THAT CLEARWIRE HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY,
AMONG OTHER THINGS, THE PROVISIONS OF THIS SECTION.

          9.13 Termination. Clearwire may terminate this Agreement at any time
by written notice to HITN and Holdco, and thereafter upon payment in full of all
Advances and satisfaction by HITN and Holdco of all obligations under this
Agreement and the other Loan Documents, this Agreement shall have no further
force and effect except for the provisions of Section 9.4 which shall survive.

          9.14 Oral Agreements Not Enforceable. ORAL AGREEMENTS OR ORAL
COMMITMENTS TO LOAN FACILITY MONEY, EXTEND CREDIT, OR TO FORBEAR FROM ENFORCING
REPAYMENT OF A DEBT ARE NOT ENFORCEABLE UNDER WASHINGTON LAW.

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

CLEARWIRE:                             HITN:

Clearwire Corporation, a Delaware      Hispanic Information & Telecommunications
corporation                            Network, Inc., a New York not-for-profit
                                       corporation

By: /s/ Benjamin G. Wolff              By:
    --------------------------------       -------------------------------------
    Benjamin G. Wolff                  Print Name:
    Executive Vice President                       -----------------------------
                                       Title:
                                              ----------------------------------

HOLDCO:

HITN Spectrum, LLC, a Delaware
limited liability company

By:
    --------------------------------
Print Name:
            ------------------------
Title:
       -----------------------------

PAGE 1 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

EVENT OF LITIGATION, SEEK TO ENFORCE THIS JURY TRIAL WAIVER. HITN AND HOLDCO
ACKNOWLEDGE THAT CLEAR WIRE HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY,
AMONG OTHER THINGS, THE PROVISIONS OF THIS SECTION.

          9.13 Termination. Clearwire may terminate this Agreement at any time
by written notice to HITN and Holdco, and thereafter upon payment in full of all
Advances and satisfaction by HITN and Holdco of all obligations under this
Agreement and the other Loan Documents, this Agreement shall have no further
force and effect except for the provisions of Section 9.4 which shall survive.

          9.14 Oral Agreements Not Enforceable. ORAL AGREEMENTS OR ORAL
COMMITMENTS TO LOAN FACILITY MONEY, EXTEND CREDIT, OR TO FORBEAR FROM ENFORCING
REPAYMENT OF A DEBT ARE NOT ENFORCEABLE UNDER WASHINGTON LAW.

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

CLEAKWIRE:                             HITN:

Clearwire Corporation, a Delaware      Hispanic Information & Telecommunications
corporation                            Network, Inc., a New York not-for-profit
                                       corporation

By: /s/ Benjamin G. Wolff              By: /s/ Jose L. Rodriguez
    --------------------------------       -------------------------------------
    Benjamin G. Wolff                  Print Name: Jose L. Rodriguez
    Executive Vice President           Title: President

HOLDCO:

HITN Spectrum, LLC, a Delaware
limited liability company

By: /s/ Illegible
    --------------------------------
Print Name: Illegible
Title:
       -----------------------------

PAGE 2 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

                   SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

                                TABLE OF CONTENTS

<TABLE>
<S>                                                                           <C>
1.   DEFINITIONS ..........................................................    2
1.1  "Acquired Channel" ...................................................    2
1.2  "Acquisition" ........................................................    2
1.3  "Acquisition Balance" ................................................    2
1.4  "Acquisition Budget" .................................................    2
1.5  "Advance" ............................................................    2
1.6  "Advance Royalty Payment" ............................................    2
1.7  "Agreement Expenses" .................................................    2
1.8  "Clearwire" ..........................................................    2
1.9  "Clearwire License Transfer" .........................................    2
1.10 "CW Subsidiary" ......................................................    2
1.11 "Default Rate" .......................................................    2
1.12 "Disallowed Claim" ...................................................    2
1.13 "EBS" ................................................................    3
1.14 "EBS Opportunity Channels" ...........................................    3
1.15 "Encumbered Channel" .................................................    3
1.16 "Expense Advance" ....................................................    3
1.17 "Expense Budget" .....................................................    3
1.18 "Expenses" ...........................................................    3
1.19 "FCC" ................................................................    3
1.20 "Global Events of Default" ...........................................    3
1.21 "Guarantor" ..........................................................    3
1.22 "Guaranty" ...........................................................    3
1.23 "HITN" ...............................................................    3
1.24 "HITN Indemnitee" ....................................................    3
1.25 "Holdco" .............................................................    3
1.26 "Interest Rate" ......................................................    3
1.27 "Loan Documents" .....................................................    3
1.28 "Loan Facility" ......................................................    4
1.29 "Market" .............................................................    4
1.30 "Market Events of Default" ...........................................    4
1.31 "Newco" ..............................................................    4
1.32 "Newly Unencumbered Channel" .........................................    4
1.33 "Non-Profit Community" ...............................................    4
1.34 "Opportunity Notice" .................................................    4
1.35 "Other Claim" ........................................................    4
1.36 "Pledge Agreement" ...................................................    4
1.37 "Promissory Note" ....................................................    4
1.38 "Proposed Expense Budget" ............................................    4
1.39 "Purchase Advance" ...................................................    4
</TABLE>

PAGE i - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

<TABLE>
<S>                                                                           <C>
1.40 "Security Agreement" .................................................    4
1.41 "Single Purpose Entity" ..............................................    5
1.42 "SPE Operating Agreement" ............................................    5
1.43 "Subsequent Lease Rights" ............................................    5
1.44 "Third-Party Lease" ..................................................    5
1.45 "UCC" ................................................................    5
1.46 "Unencumbered Channel" ...............................................    5
1.47 "Use Agreement" ......................................................    5

2.   LEASE OPTION .........................................................    5
2.1  Identification of EBS Opportunity Channel ............................    5
2.2  Election to Proceed ..................................................    5
2.3  Acquisition by a Newco ...............................................    6
2.4  Expense Advances .....................................................    6
     2.4.1 Expense Budget Procedures ......................................    6
     2.4.2 Uncompensated Actions ..........................................    6
     2.4.3 Application of Third Party Royalties ...........................    6
     2.4.4 Acquired Markets Subject to Use Agreements .....................    7
2.5  Clearwire Option to Enter Use Agreements .............................    7
     2.5.1 Use Agreement for Unencumbered Channels ........................    7
     2.5.2 Subsequent Use Agreement Rights ................................    7
     2.5.3 Subsequent Use Agreement Option ................................    7
     2.5.4 Clearwire License Options ......................................    8
2.6  Resale of Services ...................................................    8

3.   LOAN AND PROMISSORY NOTE .............................................    9
3.1  Loan Amount ..........................................................    9
3.2  Use of Funds .........................................................    9
3.3  Interest .............................................................    9
3.4  Default Interest .....................................................    9
3.5  Payments .............................................................    9
3.6  Security .............................................................    9
     3.6.1 Security Agreement .............................................    9
     3.6.2 Pledge Agreement ...............................................    9
     3.6.3 Guaranty .......................................................   10
3.7  Conditions Precedent .................................................   10
</TABLE>

PAGE ii - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

<TABLE>
<S>                                                                           <C>
3.8  Future Purchase Advance Conditions Precedent .........................   11
3.9  Expense Advance Conditions Precedent .................................   12
3.10 Conditions Precedent for Newco .......................................   13

4.   REPRESENTATIONS AND WARRANTIES OF HITN AND HOLDCO ....................   14
4.1  Nature of HITN and Newco .............................................   14
4.2  Single Purpose Entity ................................................   14
4.3  Authorization ........................................................   14
4.4  Power ................................................................   14
4.5  Binding Effect .......................................................   14
4.6  Familiarity with Terms ...............................................   15
4.7  Legal Proceedings ....................................................   15
4.8  No Governmental Approvals ............................................   15
4.9  Compliance with Laws .................................................   15
4.10 Financial Condition ..................................................   15
4.11 No Encumbrance .......................................................   15
4.12 Agreements ...........................................................   15
4.13 Performance ..........................................................   15
4.14 Brokers ..............................................................   16

5.   REPRESENTATIONS AND WARRANTIES OF CLEARWIRE ..........................   16
5.1  Nature of Clearwire ..................................................   16
5.2  Authorization ........................................................   16
5.3  Power ................................................................   16
5.4  Binding Effect .......................................................   16
5.5  Familiarity with Terms ...............................................   16
5.6  No Governmental Approvals ............................................   16
5.7  Compliance with Laws .................................................   17
5.8  Brokers ..............................................................   17
5.9  Licenses .............................................................   17
5.10 Expenses .............................................................   17

6.   AFFIRMATIVE COVENANTS ................................................   17
6.1  Financial Information ................................................   17
6.2  Notice of Default ....................................................   17
6.3  Maintenance of Existence .............................................   17
6.4  Payment of Taxes .....................................................   17
6.5  Maintenance of Property and Leases ...................................   17
6.6  Notice of Litigation .................................................   18
6.7  Accounts and Reports .................................................   18
6.8  Inspection ...........................................................   18
</TABLE>

PAGE iii - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

<TABLE>
<S>                                                                           <C>
6.9  Insurance ............................................................   18
6.10 License Renewal ......................................................   18

7.   NEGATIVE COVENANTS ...................................................   18
7.1  Distributions ........................................................   18
7.2  Internal Loans .......................................................   18
7.3  Changes ..............................................................   19
7.4  Debt .................................................................   19
7.5  Capital Expenditures .................................................   19
7.6  Other Loans ..........................................................   19
7.7  Subsequent Lease Rights ..............................................   19
7.8  Negotiations .........................................................   19
7.9  Third-Party Leases ...................................................   19

8.   EVENTS OF DEFAULT ....................................................   19
8.1  Global Events of Default .............................................   19
8.2  Market Events of Default .............................................   20
8.3  Clearwire Default ....................................................   20
8.4  Global Default Remedies ..............................................   20
8.5  Market Default Remedies ..............................................   21
8.6  FCC Approval .........................................................   21
8.7  Costs and Expenses ...................................................   21

9.   MISCELLANEOUS PROVISIONS .............................................   21
9.1  No Operational Control ...............................................   21
9.2  Amendments and Waivers ...............................................   22
9.3  Notices ..............................................................   22
9.4  Indemnification ......................................................   23
9.5  Costs and Expenses ...................................................   23
9.6  Survival of Covenants ................................................   23
9.7  Severability .........................................................   24
9.8  Additional Loan Documents ............................................   24
9.9  Assignment ...........................................................   24
9.10 Counterparts .........................................................   24
9.11 Governing Law ........................................................   24
9.12 Waiver of Jury Trial .................................................   24
</TABLE>

PAGE iv - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT

<PAGE>

EXHIBITS

<TABLE>
<S>                                                           <C>
     Guaranty .............................................   Page - Ex. 1.22
     Pledge Agreement .....................................   Page - Ex. 1.36
     Promissory Note ......................................   Page - Ex. 1.37
     Security Agreement ...................................   Page - Ex. 1.40
     SPE and Bankruptcy Remote Requirements ...............   Page - Ex. 1.41
     Use Agreement ........................................   Page - Ex. 1.47
     Joinder Agreement ....................................   Page - Ex. 3.10(h)
</TABLE>

PAGE i - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT
<PAGE>

                               GUARANTY AGREEMENT

         THIS GUARANTY AGREEMENT (this "Guaranty") is made as of the ____ day of
_____ _________________, 20__, between [OPTION 1: HISPANIC INFORMATION &
TELECOMMUNICATIONS NETWORK, INC., a New York not-for-profit corporation] [OPTION
2: HITN SPECTRUM, LLC, a Delaware limited liability company] ("Guarantor"), and
CLEARWIRE CORPORATION, a Delaware corporation ("Clearwire").

                                    RECITALS

         A. [OPTION 1 (TO BE USED IF GUARANTOR IS HITN): Guarantor, Clearwire
and HITN Spectrum, LLC, a Delaware limited liability company ("Holdco") have
entered into that certain Spectrum Access and Loan Facility Agreement dated as
of April _____, 2005 (as amended, restated, modified, renewed, supplemented or
extended from time to time, the "Loan Facility Agreement"), pursuant to which
Clearwire has agreed, at its continuing option and in its sole discretion, to
provide financing to Holdco or wholly owned limited liability company
subsidiaries of Holdco to facilitate Holdco's acquisition of EBS licenses (the
"Loan Facility"). This Guaranty is a condition precedent to Clearwire's
obligations to make available the Loan Facility. Guarantor has agreed to execute
and deliver this Guaranty as an inducement to Clearwire to make available the
Loan Facility. Capitalized terms used herein and not otherwise defined shall
have the meanings given to them in the Loan Facility Agreement.

         B. Guarantor is the sole member of Holdco [, WHICH IS THE SOLE MEMBER
OF _________ ___________, A DELAWARE LIMITED LIABILITY COMPANY ("NEWCO")]. The
proceeds of each Advance under the Loan Facility to be made by Clearwire to
[HOLDCO/NEWCO] are being used by [HOLDCO/NEWCO] for the exclusive purpose of the
Acquisition of EBS Opportunity Channels or paying the Expenses set forth in an
Expense Budget related thereto or as otherwise approved by Clearwire. The
proceeds of each Advance under the Loan Facility will therefore result in a
direct or indirect material economic benefit to Guarantor.]

         A. [OPTION 2 (TO BE USED IF GUARANTOR IS HOLDCO): Guarantor, Clearwire
and Hispanic Information & Telecommunications Network, Inc., a New York
non-profit corporation ("HITN") have entered into that certain Spectrum Access
and Loan Facility Agreement dated as of April ___, 2005 (as amended, restated,
modified, renewed, supplemented or extended from time to time, the "Loan
Facility Agreement"), pursuant to which Clearwire has agreed, at its continuing
option and in its sole discretion, to provide financing to Guarantor or wholly
owned limited liability company subsidiaries of Guarantor to facilitate
Guarantor's acquisition of EBS licenses (the "Loan Facility"). This Guaranty is
a condition precedent to Clearwire's obligations to make available the Loan
Facility to [_____________________], a Delaware limited liability company
("Newco"). Guarantor has agreed to execute and deliver this Guaranty as an
inducement to Clearwire to make available the Loan Facility to Newco.
Capitalized terms used herein and not otherwise defined shall have the meanings
given to them in the Loan Facility Agreement.

         B. Guarantor is the sole member Newco. The proceeds of each Advance
under the Loan Facility to be made by Clearwire to Newco are being used by Newco
for the exclusive

PAGE 1 - EXHIBIT 1.22 - GUARANTY AGREEMENT

<PAGE>

purpose of the Acquisition of EBS Opportunity Channels or paying the Expenses
set forth in an Expense Budget related thereto or as otherwise approved by
Clearwire. The proceeds of each Advance under the Loan Facility will therefore
result in a direct or indirect material economic benefit to Guarantor.]

         NOW THEREFORE, in consideration of Clearwire making available the Loan
Facility, and for other good and valuable consideration receipt of which
Guarantor hereby acknowledges, Guarantor agrees as follows:

                                    AGREEMENT

         1. GUARANTEED OBLIGATIONS. Guarantor absolutely and unconditionally
guarantees payment to Clearwire when due (whether by scheduled maturity,
required prepayment, acceleration, demand or otherwise) of all indebtedness,
liabilities and obligations whatsoever of [HOLDCO/NEWCO] owing to Clearwire
under the Loan Facility Agreement and under any other Loan Documents and Use
Agreements (as defined in the Loan Facility Agreement) whether presently
existing or hereafter arising (collectively, the "Obligations"), without
set-off, counterclaim, recoupment or deduction of any amounts owing or alleged
to be owing by Clearwire to [HOLDCO/NEWCO]. Without limiting the foregoing,
Guarantor specifically guarantees payment of any judgment entered against
[HOLDCO/NEWCO] under the Loan Facility Agreement or any Loan Documents and the
payment of any damages that may be awarded in any action brought against
[HOLDCO/NEWCO] by Clearwire under the Loan Facility Agreement or any Loan
Documents. This Guaranty is a guaranty of payment and not merely of collection.

         2. GUARANTOR'S CONSENT. Guarantor hereby consents to all terms and
conditions of agreements heretofore or hereafter made between Clearwire and
[HOLDCO/NEWCO] and further consents that Clearwire may without further consent
or disclosure and without affecting or releasing the obligations of Guarantor
hereunder: (a) surrender, exchange, release, assign, or sell any collateral or
waive, release, assign, sell, or subordinate any security interest, in whole or
in part; (b) waive or delay the exercise of any rights or remedies of Clearwire
against [HOLDCO/NEWCO]; (c) waive or delay the exercise of any rights or
remedies of Clearwire against any surety or guarantor (including, without
limitation, rights or remedies of Clearwire against Guarantor under this
Guaranty); (d) waive or delay the exercise of any rights or remedies of
Clearwire in respect of any collateral or security interest now or hereafter
held; (e) release any surety or guarantor; (f) renew, extend, waive or modify
the terms of any Obligation or the obligations of any surety or guarantor, or
any instrument or agreement evidencing the same; (g) renew, extend, waive or
modify the terms of any deed of trust, mortgage, pledge, assignment, security
agreement or other security document; (h) apply payments received from
[HOLDCO/NEWCO] or any surety or guarantor (including Guarantor) or from any
collateral, to any Obligation hereunder; and (i) realize on any security
interest, judicially or nonjudicially, with or without preservation of a
deficiency judgment. In the event any deed of trust securing the Obligations is
foreclosed judicially or nonjudicially, Guarantor's liability under this
Guaranty shall be that portion of the Obligations representing a deficiency
resulting from a judicial or nonjudicial sale, i.e., the difference between the
amount due and owing on the Obligations on the day of the foreclosure sale
(including without limitation principal, accrued interest, attorneys' fees, late
payments, if any, and costs of foreclosure) and the amount of the successful bid
at any

PAGE 2 - GUARANTY AGREEMENT

<PAGE>

such judicial or nonjudicial foreclosure sale. Guarantor hereby waives the right
to object to the amount which may be bid by Clearwire or any other person at
such foreclosure sale.

         3. GUARANTOR'S WAIVER. Guarantor waives any action on delinquency in
respect of the Obligations or any part thereof [FOLLOWING TO BE USED IF
GUARANTOR IS HITN), SUBJECT TO THE LIMITATIONS IN SECTION 8.4 OF THE LOAN
FACILITY AGREEMENT] [REMAINDER OF THE SENTENCE TO BE USED IF GUARANTOR IS
HOLDCO], including any right to require Clearwire to sue Newco or any guarantor
or surety obligated with respect to the Obligations or any part thereof, or
otherwise to enforce payment thereof against any collateral securing the
Obligations or the obligations of any guarantor of surety or any part thereof.
Guarantor further waives notice of (a) Clearwire's acceptance of this Guaranty
or its intention to act or its actions in reliance hereon; (b) the present
existence or future incurring of any Obligations or any terms or amounts thereof
or any change therein; (c) any default by [HOLDCO/NEWCO] or any surety or
guarantor; (d) the obtaining of any guaranty or surety agreement (in addition to
this Guaranty); (e) the obtaining of any pledge, assignment or other security
for any Obligations; (f) the release of any surety or guarantor; (g) the release
of any collateral; (h) any change in [HOLDCO/NEWCO]'s business or financial
condition; (i) any renewal, extension or modification of the terms of any
Obligation or of the obligations or liabilities of any surety or guarantor or
any instruments or agreements evidencing the same; (j) any acts or omissions of
Clearwire consented to in Section 2 hereof; and (k) any other demands or notices
whatsoever with respect to the Obligations or this Guaranty. Guarantor further
waives notice of presentment, demand, protest, notice of nonpayment and notice
of protest in relation to any instrument or agreement evidencing any Obligation.

         4. GUARANTOR'S KNOWLEDGE OF [HOLDCO/NEWCO]'S ECONOMIC CONDITIONS.
Guarantor represents and warrants to Clearwire that he, she or it has reviewed
such documents and other information as he, she or it has deemed appropriate in
order to permit he, she or it to be fully apprised of [HOLDCO/NEWCO]'s financial
condition and operations and has, in entering into this Guaranty made its own
credit analysis independently and without reliance upon any information
communicated to it by Clearwire. Guarantor covenants for the benefit of
Clearwire to remain apprised of all material economic or other developments
relating to or affecting [HOLDCO/NEWCO], [HOLDCO/NEWCO]'s property or
[HOLDCO/NEWCO]'s business. Without limiting the foregoing Guarantor agrees to
enter into such agreements and arrangements with [HOLDCO/NEWCO] as may be
necessary to ensure Guarantor's receipt of notice of such material changes and
of periodic financial statements. Guarantor expressly waives any requirement
that Clearwire advise, disclose, discuss or deliver notice to Guarantor
regarding [HOLDCO/NEWCO]'s financial condition or operations or with respect to
any default by [HOLDCO/NEWCO] in its performance of the Obligations whether or
not knowledge of such condition, operations or default is or reasonably could be
in the possession of Guarantor and whether or not such knowledge is in the
possession of Clearwire before or after the extension of any credit giving rise
to Obligations by [HOLDCO/NEWCO].

         5. UNCONDITIONAL GUARANTY. The obligations of Guarantor under this
Guaranty are absolute and unconditional without regard to the obligations of any
other party or person. The obligations of Guarantor hereunder shall not be in
any way limited or effected by any circumstance whatsoever including, without
limitation, (a) any act or omission of Clearwire consented to in Section 2
hereof; (b) the failure to receive any notice, demand, presentment or protest
waived in Sections 3 and 4 hereof; (c) any failure by [HOLDCO/NEWCO] or any
other

PAGE 3 - GUARANTY AGREEMENT

<PAGE>

guarantor or surety to perform or comply with the Obligations or the terms of
any instrument or agreement relating thereto; (d) any change in the name,
purpose, capital stock or constitution of [HOLDCO/NEWCO] or any other guarantor
or surety; (e) any irregularity, defect or unauthorized action by
[HOLDCO/NEWCO], or any other guarantor or surety or any of their respective
officers, directors or other agents in executing and delivering any instrument
or agreements relating to the Obligations or in carrying out or attempting to
carry out the terms of any such agreements; (f) any insolvency, bankruptcy,
reorganization or similar proceeding by or against [HOLDCO/NEWCO], Clearwire,
Guarantor or any other surety or guarantor; (g) any setoff, counterclaim,
recoupment, deduction, defense or other right which Guarantor may have against
Clearwire, [HOLDCO/NEWCO] or any other person for any reason whatsoever whether
related to the Obligations or otherwise; or (g) any other circumstance which
might constitute a legal or equitable discharge or defense, in whole or in part,
of a surety or guarantor. Guarantor hereby waives all defenses of a surety to
which it may be entitled by statute or otherwise.

         6. CONTINUING GUARANTY. This Guaranty shall be continuing and shall be
binding upon Guarantor regardless of how long before or after the date hereof
any Obligation was or is incurred. Credit may be granted or continued from time
to time by Clearwire to [HOLDCO/NEWCO] without notice to or authorization from
Guarantor regardless of [HOLDCO/NEWCO]'s then-existing financial or other
condition. Notwithstanding the foregoing, however, Guarantor may limit its
obligations hereunder by delivery of written notice to such effect to Clearwire.
Such notice will limit Guarantor's obligations hereunder to (a) Obligations
incurred by [HOLDCO/NEWCO], or arising out of acts or omissions of
[HOLDCO/NEWCO] occurring, on or prior to a date five (5) business days after
such notice is received by Clearwire; (b) any extensions, renewals, or
modifications of such Obligations; and (c) any additional fees and expenses
incurred by Clearwire (including attorneys' fees and costs) in seeking to
enforce or collect such Obligations. Guarantor agrees that this Guaranty shall
continue to be effective or shall be reinstated as the case may be if at any
time any payment to Clearwire of any of the Obligations is rescinded or must be
restored or returned by Clearwire upon the insolvency, bankruptcy or
reorganization of [HOLDCO/NEWCO] all as though such payment had not been made.
In the event this Guaranty is preceded or followed by any other agreement of
suretyship or guaranty by Guarantor or others, all shall be deemed to be
cumulative, and the obligations of Guarantor hereunder shall be in addition to
those stated in any other suretyship or guaranty agreement.

         7. WAIVER OF SUBROGATION. Guarantor hereby irrevocably waives all
claims it has or may acquire against [HOLDCO/NEWCO] in respect of the
Obligations, including rights of exoneration, reimbursement and subrogation.
Guarantor agrees to indemnify Clearwire, and hold it harmless from and against
all loss and expense, including reasonable attorneys' fees and disbursements,
suffered or incurred by Clearwire as a result of claims to avoid any payment
received by Clearwire from [HOLDCO/NEWCO], or for their account or from
collateral, with respect to the Obligations of [HOLDCO/NEWCO] guarantied herein.

         8. [OPTION 2 (TO BE USED IF GUARANTOR IS HOLDCO): GUARANTOR'S
ADDITIONAL COVENANTS. Guarantor at all times shall remain a Single Purpose
Entity and shall issue no additional shares until after the Obligations have
been repaid in full or otherwise fully satisfied and the Loan Facility Agreement
has terminated.]

PAGE 4 - GUARANTY AGREEMENT

<PAGE>

         9. FEES AND EXPENSES; DEFAULT INTEREST. Guarantor agrees to pay
Clearwire upon demand all reasonable fees and expenses, including, without
limitation, reasonable attorneys' fees and disbursements incurred by Clearwire
(a) in all efforts made to enforce payment of any of the Obligations or of
Guarantor's obligations under this Guaranty, or (b) in connection with the
entering into, modification, amendment, administration and enforcement of the
Obligations or of Guarantor's obligations under this Guaranty, or (c) in any
dispute relating to the interpretation, enforcement or performance of the
Obligations or this Guaranty, in any event whether through judicial proceedings,
including bankruptcy, or otherwise. All such fees and expenses shall bear
interest from the date incurred until paid at the Default Rate (as such term is
defined in the Loan Facility Agreement).

         10. NO RELIANCE. Guarantor represents and warrants to Clearwire that in
making this Guaranty, it is not relying upon Clearwire's obtaining any guaranty
agreements (other than this Guaranty) or any collateral pledged or assigned to
secure repayment of the Obligations. Guarantor specifically acknowledges that
Clearwire's obtaining any such guaranty agreements or collateral is not a
condition to the enforcement of this Guaranty. If Clearwire should
simultaneously or hereafter elect to attempt to take additional guaranty
agreements or collateral to secure repayment of the Obligations and if
Clearwire's efforts to do so should fail in any respect including, without
limitation, a determination that the agreement purporting to provide such
additional guaranty or security interest is invalid or unenforceable for any
reason, this Guaranty shall, nonetheless, remain in full force and effect.

         11. CLEARWIRE'S REMEDIES. No delay in making demand on Guarantor for
satisfaction of the obligations of Guarantor hereunder shall prejudice
Clearwire's right to enforce such satisfaction. All of Clearwire's rights and
remedies shall be cumulative, and any failure of Clearwire to exercise any right
hereunder shall not be construed as a waiver of the right to exercise the same
or any other right at any time and from time to time hereafter. In the event
Clearwire, in its sole discretion, elects to give notice of any action with
respect to the sale of collateral, if any, securing the Obligations or any part
thereof, Guarantor agrees that a period of seven (7) days from the time the
notice is sent shall be deemed a reasonable period of notification of any
matters contained in such notice.

         12. FINANCIAL INFORMATION. Guarantor agrees to provide Clearwire with
such financial information of Guarantor as Clearwire shall request from time to
time (including without limitation year-end tax returns [OPTION (TO BE USED IF
GUARANTOR IS HOLDCO) AND UPDATED FINANCIAL STATEMENTS] and authorizes Clearwire
to obtain credit information about Guarantor through any credit reporting
company or any other means.

         13. SURVIVAL OF COVENANTS. All covenants, agreements, representations
and warranties made by Guarantor hereunder shall survive the execution and
delivery of this Guaranty, the Loan Facility hereunder and the termination
hereof.

         14. SEVERABILITY. The unenforceability or invalidity of any provision
or provisions of this Guaranty shall not render any other provision or
provisions hereof or thereof unenforceable or invalid.

PAGE 5 - GUARANTY AGREEMENT

<PAGE>

         15. ASSIGNMENT. This Guaranty shall be binding upon and shall inure to
the benefit of the parties and their respective successors and permitted
assigns. This Guaranty may not be assigned by Guarantor. Clearwire may transfer
or assign this Guaranty to any of its affiliates.

         16. GOVERNING LAW. This Guaranty shall be governed by, and construed in
accordance with, the internal laws of the State of Washington, without reference
to the choice of law principles thereof. GUARANTOR IRREVOCABLY AGREES THAT,
SUBJECT TO CLEARWIRE'S SOLE AND ABSOLUTE DISCRETION, ALL ACTIONS OR PROCEEDINGS
IN ANY WAY ARISING OUT OF OR RELATED TO THIS GUARANTY SHALL BE LITIGATED IN
COURTS HAVING SITUS WITHIN THE COUNTY OF KING, STATE OF WASHINGTON. GUARANTOR
HEREBY CONSENTS AND SUBMITS TO THE JURISDICTION OF ANY LOCAL, STATE OR FEDERAL
COURT LOCATED WITHIN SUCH COUNTY AND STATE. GUARANTOR HEREBY WAIVES ANY RIGHT IT
MAY HAVE TO TRANSFER OR CHANGE THE VENUE OF ANY LITIGATION BROUGHT AGAINST
GUARANTOR BY CLEARWIRE IN ACCORDANCE WITH THIS SECTION.

         17. WAIVER OF JURY TRIAL. GUARANTOR AND CLEARWIRE HEREBY KNOWINGLY,
VOLUNTARILY, AND INTENTIONALLY WAIVE ANY RIGHT TO TRIAL BY JURY GUARANTOR AND
CLEARWIRE MAY HAVE IN ANY ACTION OR PROCEEDING, IN LAW OR IN EQUITY, IN
CONNECTION WITH THIS GUARANTY OR THE TRANSACTIONS RELATED HERETO. GUARANTOR
REPRESENTS AND WARRANTS THAT NO REPRESENTATIVE OR AGENT OF CLEARWIRE HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT CLEARWIRE WILL NOT, IN THE EVENT OF
LITIGATION, SEEK TO ENFORCE THIS JURY TRIAL WAIVER. GUARANTOR ACKNOWLEDGES THAT
CLEARWIRE HAS BEEN INDUCED TO ENTER INTO THIS GUARANTY BY, AMONG OTHER THINGS,
THE PROVISIONS OF THIS SECTION.

         18. ACKNOWLEDGMENT OF NOTICE. Guarantor acknowledges receiving the
following notice:

               ORAL AGREEMENTS OR ORAL COMMITMENTS TO LOAN MONEY,
              EXTEND CREDIT, OR TO FORBEAR FROM ENFORCING REPAYMENT
                    ARE NOT ENFORCEABLE UNDER WASHINGTON LAW.

         IN WITNESS WHEREOF Guarantor has executed and delivered this Guaranty
as of the date first above written.

         GUARANTOR:                       [OPTION 1: HISPANIC INFORMATION &
                                          TELECOMMUNICATIONS NETWORK, INC., a
                                          New York not-for-profit corporation]

                                          [OPTION 2: HITN SPECTRUM, LLC, a
                                          Delaware limited liability company]

                                          By
                                             -----------------------------------
                                             Its
                                                 -------------------------------

PAGE 6 - GUARANTY AGREEMENT

<PAGE>

                                PLEDGE AGREEMENT

         THIS PLEDGE AGREEMENT (this "Agreement" is made as of
the_________________________________day of __________________, 20__, between
[OPTION 1: HISPANIC INFORMATION AND TELECOMMUNICATIONS NETWORK, INC., a New York
not-for-profit corporation/ [OPTION 2: HITN SPECTRUM, LLC, a Delaware limited
liability company] (the "Pledgor"), and CLEARWIRE CORPORATION, a Delaware
corporation (the "Pledgee").

                                    RECITALS

         A. The Pledgor and the Pledgee are parties to that certain Spectrum
Access and Loan Facility Agreement dated May________________, 2005, herewith (as
amended, restated, modified, renewed, supplemented or extended from time to
time, the "Loan Facility Agreement").

         B. [OPTION 1 (TO BE USED IF PLEDGOR IS HITN): It is a material
condition precedent to the Pledgee's obligation to make an Advance under the
Loan Facility Agreement to HITN Spectrum, LLC ("Holdco"), a Delaware limited
liability company, that the Pledgor enter into this Agreement and grant to the
Pledgee the security interests hereinafter provided to secure the obligations of
the Pledgor described below.

         C. Pledgor is the sole member of Holdco and the proceeds of each
Advance to be made by the Pledgee to Holdco under the Loan Facility Agreement
will result in a direct or indirect material economic benefit to Pledgor.]

         B. [OPTION 2 (TO BE USED IF PLEDGOR IS HOLDCO): It is a material
condition precedent to the Pledgee's obligation to make an Advance under the
Loan Facility Agreement to [_____________________________ __________________], a
Delaware limited liability company ("Newco") that the Pledgor enter into this
Agreement and grant to the Pledgee the security interests hereinafter provided
to secure the obligations of the Pledgor described below.

         C. Pledgor is the sole member of Newco and the proceeds of each Advance
to be made by the Pledgee to Newco under the Loan Facility Agreement will result
in a direct or indirect material economic benefit to Pledgor.]

         NOW, THEREFORE, in consideration of the foregoing, and for other good
and valuable consideration receipt of which is hereby acknowledged, the Pledgor
hereby agrees as follows:

                                    AGREEMENT

         1. DEFINITIONS; INTERPRETATION.

                  (a) TERMS DEFINED IN LOAN FACILITY AGREEMENT. Capitalized
terms not otherwise defined herein shall have the meanings given in the Loan
Facility Agreement.

                  (b) CERTAIN DEFINED TERMS. As used in this Agreement, the
following terms have the following meanings:

PAGE 1 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

         "Change in Control" means a direct or indirect, de jure or de facto
change in the control (as these terms and concepts are defined and interpreted
under the Communications Act of 1934, as amended, and/or the rules and decisions
of the FCC) of any entity holding licenses issued by the FCC.

         "FCC" means Federal Communications Commission.

         "Governmental Authority" means the government of the United States or
any state or any foreign country or any political subdivision of any thereof or
any branch, department, agency, instrumentality, court, tribunal or regulatory
authority which constitutes a part or exercises any sovereign power of any of
the foregoing.

         "Lien" means, for any person, any security interest, pledge, mortgage,
charge, assignment, hypothecation, encumbrance, attachment, garnishment,
execution or other voluntary or involuntary lien upon or affecting the revenues
of such person or any real or personal property in which such person has or
hereafter acquires any interest.

         "Operating Agreement" means the Operating Agreement of [HOLDCO/NEWCO]
as amended from time to time.

         "Pledged Membership Interests" means all of the Pledgor's membership
interests in [HOLDCO/NEWCO].

         "Pledged Collateral" has the meaning specified in Section 2.

         "Secured Obligations" means, collectively:

                  (i) all debts, liabilities, obligations, covenants and duties
         of the Pledgor and [HOLDCO/NEWCO] owing to the Pledgee now or hereafter
         existing, whether joint or several, direct or indirect, absolute or
         contingent or due or to become due, arising under or in connection with
         the Loan Facility Agreement or any Guaranty or any other Loan Document
         to which it is a party or any of the transactions contemplated thereby
         and including, without limitation, any interest thereon;

                  (ii) all debts, liabilities, obligations, covenants and duties
         of the Pledgor to pay or reimburse the Pledgee or any affiliate of the
         Pledgee for all reasonable expenses including, without limitation,
         reasonable attorneys' fees (including allocated charges of internal
         legal counsel), incurred by the Pledgee or any affiliate of the Pledgee
         in connection with the enforcement, attempted enforcement, or
         preservation of any rights or remedies under any of the documents,
         instruments and agreements referred to in clause (i) above, including,
         without limitation, all such costs and expenses incurred during any
         "workout" or restructuring in respect of the credit extended under the
         Loan Facility Agreement and during any legal proceeding, including,
         without limitation, any proceeding under any applicable bankruptcy,
         insolvency or other similar debtor relief laws;

                  (iii) all debts, liabilities, obligations, covenants and
         duties of [HOLDCO/NEWCO] owing to the Pledgee now or hereafter
         existing, whether joint or several, direct or indirect,

PAGE 2 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>
                                                                    EXHIBIT 1.36

         absolute or contingent or due or to become due, arising under or in
         connection with the Use Agreements, including, without limitation, any
         interest thereon;

                  (iv) all debts, liabilities, obligations, covenants and duties
         of [HOLDCO/NEWCO] to pay or reimburse the Pledgee or any affiliate of
         the Pledgee for all expenses including, without limitation, attorneys'
         fees (including allocated charges of internal legal counsel), incurred
         by the Pledgee or any affiliate of the Pledgee in connection with the
         enforcement, attempted enforcement, or preservation of any rights or
         remedies under any of the documents, instruments and agreements
         referred to in clause (iii) above, including, without limitation, all
         such costs and expenses incurred during any "workout" or restructuring
         in respect of any lease under the Use Agreements and during any legal
         proceeding, including, without limitation, any proceeding under any
         applicable bankruptcy, insolvency or other similar debtor relief laws;
         and

                  (v) all interest and fees on any of the foregoing, whether
         accruing prior to or after the commencement by or against the Pledgor
         of any proceeding under any applicable bankruptcy, insolvency or other
         similar debtor relief laws naming the Pledgor as the debtor in such
         proceeding, regardless of whether such interest and fees are allowed
         claims in such proceeding.

                  "UCC" means the Uniform Commercial Code as the same may, from
time to time, be in effect in the State of Washington; provided, however, in the
event that any Pledged Collateral is governed by the Uniform Commercial Code as
in effect in a jurisdiction other than the State of Washington, the term "UCC"
shall mean the Uniform Commercial Code as in effect in such other jurisdiction
for purposes of the provisions hereof as they relate to such Pledged Collateral.

                  (c) TERMS DEFINED IN UCC. Terms used in this Agreement that
are defined in the UCC have the meanings given to them in the UCC.

         2. PLEDGE. As security for the payment or performance, as the case may
be, in full of the Secured Obligations, the Pledgor hereby pledges, assigns,
transfers, hypothecates and sets over to the Pledgee, its successors and
assigns, and grants to the Pledgee, its successors and assigns, a security
interest in all of the Pledgor's right, title and interest in, to and under the
following, whether now existing or owned or hereafter acquired or arising
(collectively, the "Pledged Collateral"):

                  (a) PLEDGED MEMBERSHIP INTERESTS. All of the Pledged
Membership Interests;

                  (b) ADDITIONAL INTERESTS, ETC. (i) All certificates,
instruments or other writings representing or evidencing the Pledged Membership
Interests; (ii) all warrants, options and other rights entitling the Pledgor to
acquire any interest in any Pledged Membership Interests, and (iii) all
dividends, cash, instruments and other property from time to time received,
receivable or otherwise distributed or distributable in respect of or in
exchange for any or all of the Pledged Membership Interests; and

                  (c) PROCEEDS. All cash and non-cash proceeds of the foregoing,
however and whenever acquired and in whatever form.

PAGE 3 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

         3. DELIVERY OF THE PLEDGED COLLATERAL; CONTINUING SECURITY INTEREST.
The Pledgor hereby agrees that:

                  (a) DELIVERY OF CERTIFICATES. The Pledgor shall deliver to the
Pledgee simultaneously with or prior to the execution and delivery of this
Agreement, all certificates, instruments or other writings representing or
evidencing Pledged Membership Interests. All such certificates shall be
delivered in suitable form for transfer by delivery or shall be accompanied by
duly executed instruments of transfer or assignment satisfactory to the Pledgee.

                  (b) ADDITIONAL PLEDGED COLLATERAL. If the Pledgor shall
receive by virtue of its being or having been the owner of any Pledged
Collateral, any (i) certificate, including any certificate representing a
dividend or distribution in connection with any increase or reduction of
capital, reclassification, merger, consolidation, sale of assets, combination of
shares or membership or equity interests, stock splits, spin-off or split-off,
promissory notes or other instrument; (ii) warrant, option or other right,
whether as an addition to, substitution for, or an exchange for, any Pledged
Collateral or otherwise; (iii) dividends payable in securities; or (iv)
distributions of securities or other equity interests in connection with a
partial or total liquidation, dissolution or reduction of capital, capital
surplus or paid-in surplus, then the Pledgor shall forthwith deliver all of the
foregoing to the Pledgee to hold as Pledged Collateral and shall, if received by
the Pledgor, be received in trust for the benefit of the Pledgee, be segregated
from the other property or funds of the Pledgor, and be forthwith delivered to
the Pledgee as Pledged Collateral in the same form as so received, together with
duly executed instruments of transfer or assignment satisfactory to the Pledgee,
as further collateral security for the Secured Obligations.

                  (c) CONTINUING SECURITY INTEREST. The Pledgor acknowledges and
agrees that the security interest of the Pledgee in the Pledged Collateral
constitutes continuing collateral security for all of the Secured Obligations.

         4. FINANCING STATEMENTS. The Pledgor hereby irrevocably authorizes the
Pledgee at any time and from time to time to file in any relevant jurisdiction
any initial financing statements and amendments thereto that contain the
information required by Article 9 of the UCC of each applicable jurisdiction for
the filing of any financing statement or amendment in order to perfect and
protect the security interest of the Pledgee in the Pledged Collateral.

         5. PLEDGOR'S CONSENT. The Pledgor hereby consents to all terms and
condition of agreements heretofore or hereafter made between the Pledgee and
[HOLDCO/NEWCO] (including without limitation the Loan Facility Agreement and the
other Loan Documents) and further consents that the Pledgee may without further
consent or disclosure and without affecting or releasing the obligations of the
Pledgor hereunder: (a) surrender, exchange, release, assign, or sell any
collateral or waive, release, assign, sell, or subordinate any security
interest, in whole or in part; (b) waive or delay the exercise of any rights or
remedies of the Pledgee against [HOLDCO/NEWCO]; (c) waive or delay the exercise
of any rights or remedies of the Pledgee against any surety or guarantor
(including, without limitation, rights or remedies of the Pledgee against the
Pledgor under this Agreement); (d) waive or delay the exercise of any rights or
remedies of the Pledgee in respect of any collateral or security interest now or
hereafter held; (e) release any surety or guarantor; (f) renew, extend, waive or
modify the terms of any Secured Obligation or the obligations of any surety or
guarantor, or any instrument or agreement evidencing the same;

PAGE 4 - EXHIBIT 1.36- PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

(g) renew, extend, waive or modify the terms of any Loan Document or any other
security agreement, pledge, assignment, deed of trust, mortgage or other
security document; (h) apply payments received from [HOLDCO/NEWCO] or any surety
or guarantor or from any collateral, to any indebtedness, liability, or
obligations of [HOLDCO/NEWCO] or such sureties or guarantors whether or not a
Secured Obligation hereunder; and (i) realize on any security interest,
judicially or nonjudicially, with or without preservation of a deficiency
judgment.

         6. PLEDGOR'S WAIVER. The Pledgor waives any action on delinquency in
respect of the Secured Obligations or any part thereof [(FOLLOWING TO BE USED IF
PLEDGOR IS HITN), SUBJECT TO THE LIMITATIONS IN SECTION 8.4 OF THE LOAN FACILITY
AGREEMENT] [REMAINDER OF THE SENTENCE TO BE USED IF PLEDGOR IS HOLDCO],
including any requirement, substantive or procedural, that (a) the Pledgee
pursue any foreclosure action, realize or attempt to realize on any security or
preserve or enforce any deficiency claim against Newco, the Pledgor, surety or
any other person or party after any realization; (b) a judgment first be sought
or rendered against Newco, the Pledgor, surety, or any other person or party;
(c) Newco, the Pledgor, any surety or any other person or party be joined in any
action; or (d) a separate action be brought against Newco under the Loan
Facility Agreement or any other Loan Document. The Pledgor waives and releases
all right to require marshaling of assets and liabilities or sale in inverse
order of alienation of any security for the Secured Obligations. The Pledgor
further waives notice of (a) the Pledgee's acceptance of this Agreement or its
intention to act or its actions in reliance hereon; (b) the present existence or
future incurring of any Secured Obligations or any terms or amounts thereof or
any change therein; (c) any default by [HOLDCO/NEWCO] or any surety or
guarantor; (d) the obtaining of any guaranty or surety agreement; (e) the
obtaining of any pledge, assignment or other security for any Secured
Obligations (including this Agreement); (f) the release of any surety or
guarantor; (g) the release of any collateral; (h) any change in [HOLDCO/NEWCO]'s
business or financial condition; (i) any renewal, extension or modification of
the terms of any Secured Obligation or of the obligations or liabilities of any
surety or guarantor or any instruments or agreements evidencing the same; (j)
any acts or omissions of the Pledgee consented to in Section 5 hereof; and (k)
any other demands or notices whatsoever with respect to the Secured Obligations
or this Agreement. The Pledgor further waives notice of presentment, demand,
protest, notice of nonpayment and notice of protest in relation to any
instrument or agreement evidencing any Secured Obligation.

         7. PLEDGOR'S KNOWLEDGE OF [HOLDCO/NEWCO]'S ECONOMIC CONDITIONS. The
Pledgor represents and warrants to the Pledgee that it has reviewed such
documents and other information as it has deemed appropriate in order to permit
it to be fully apprised of [HOLDCO/NEWCO]'s financial condition and operations
and has, in entering into this Agreement made its own credit analysis
independently and without reliance upon any information communicated to it by
the Pledgee. The Pledgor covenants for the benefit of the Pledgee to remain
apprised of all material economic or other developments relating to or affecting
[HOLDCO/NEWCO], its property or its business. Without limiting the foregoing,
the Pledgor agrees to enter into such agreements and arrangements with
[HOLDCO/NEWCO] as may be necessary to ensure its receipt of notice of such
material changes and of periodic financial statements. The Pledgor expressly
waives any requirement that the Pledgee advise, disclose, discuss or deliver
notice to the Pledgor regarding [HOLDCO/NEWCO]'s financial condition or
operations or with respect to any default by [HOLDCO/NEWCO] in its performance
of the Secured Obligations whether or not knowledge of such condition,
operations or default is or reasonably could be in the possession of the Pledgor
and

PAGE 5 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

whether or not such knowledge is in the possession of the Pledgee before or
after the extension of any credit giving rise to Secured Obligations by
[HOLDCO/NEWCO].

         8. NO RELIANCE. The Pledgor acknowledges that the Pledgee intends to
obtain other guaranties and collateral to secure the repayment of the Secured
Obligations. The Pledgor represents and warrants to the Pledgee, however, that
in making this Agreement it is not relying upon the Pledgee obtaining any
guaranty agreements or any collateral pledged or assigned to secure repayment of
the Secured Obligations. The Pledgor specifically acknowledges that the
Pledgee's obtaining any such guaranty agreements or collateral is not a
condition to the enforcement of this Agreement. If the Pledgee should
simultaneously or hereafter elect to attempt to take additional guaranty
agreements or collateral to secure repayment of the Secured Obligations and if
its efforts to do so should fail in any respect including, without limitation, a
determination that the agreement purporting to provide such additional guaranty
or security interest is invalid or unenforceable for any reason, this Agreement
shall, nonetheless, remain in full force and effect.

         9. WAIVER OF SUBROGATION. The Pledgor hereby irrevocably waives all
claims it has or may acquire against [HOLDCO/NEWCO] in respect of the Secured
Obligations, including rights of exoneration, reimbursement and subrogation. The
Pledgor agrees to indemnify the Pledgee, and hold it harmless from and against
all loss and expense, including legal fees, suffered or incurred by the Pledgee
as a result of claims to avoid any interest of the Pledgee in any Collateral.

         10. REPRESENTATIONS AND WARRANTIES. In addition to the representations
and warranties of the Pledgor set forth in the Loan Facility Agreement, which
are incorporated herein by this reference, the Pledgor represents and warrants
to the Pledgee that:

                  (a) LEGAL NAME; JURISDICTION OF INCORPORATION. The Pledgor's
chief executive office and chief place of business is located
at________________________________________________________ __________________,
and the Pledgor keeps its books and records at such location. [OPTION 1 (TO BE
USED IF PLEDGOR IS HITN) The Pledgor's exact corporate name is Hispanic
Information and Telecommunications Network, Inc., the jurisdiction of its
incorporation is the State of New York.] [OPTION 2 (TO BE USED IF PLEDGOR IS
HOLDCO) The Pledgor's exact legal name is HITN Spectrum, LLC, the jurisdiction
of its organization is the State of Delaware and the identification number given
by its jurisdiction of organization is 3886431.]

                  (b) OWNERSHIP AND AUTHORITY. The Pledgor is the sole legal and
beneficial owner of the Pledged Collateral and has the right, power and
authority to pledge, assign, transfer, hypothecate and set over to the Pledgee
and grant to the Pledgee a security interest in such Pledged Collateral pursuant
hereto and to execute, deliver and perform its obligations in accordance with
the terms of this Agreement.

                  (c) AUTHORIZATION OF PLEDGED MEMBERSHIP INTERESTS. All of the
Pledged Membership Interests are duly authorized and validly issued, are fully
paid and nonassessable and are not subject to the preemptive first-refusal or
other similar rights of any person. All membership interests hereafter
constituting Pledged Collateral will be duly authorized and validly issued,
fully paid and nonassessable and not subject to any preemptive, first-refusal or
other similar rights of any person, except as may be provided under applicable
law.

PAGE 6 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

                  (d) VALIDITY OF SECURITY INTEREST. This Agreement creates a
valid security interest in favor of the Pledgee, its successors and assigns, in
all of the Pledged Collateral. Upon the filing of an appropriate financing
statement on form UCC-1, the Pledgee will have a first priority perfected
security interest in all certificated Pledged Membership Interests and such
certificates and instruments. Except as set forth in this subsection (d), no
action is necessary to perfect or otherwise protect such security interest.

                  (e) ABSENCE of LIENS AND CLAIMS. Except for the security
interest of the Pledgee created hereby, the Pledged Collateral is free and clear
of any Liens; There exists no "adverse claim" within the meaning of Section
8-102 of the UCC with respect to any of the Pledged Membership Interests.

                  (f) NO TRANSFER RESTRICTIONS. Except for restrictions imposed
by this Agreement, the Pledged Collateral is free of contractual restrictions
that might prohibit, impair, delay or otherwise affect in a materially adverse
manner the pledge of any Pledged Collateral hereunder or the sale or disposition
thereof pursuant hereto, provided, however, that Pledgee will not take any
actions that would constitute a Change in Control of [HOLDCO/NEWCO] or any other
entity holding licenses issued by the FCC without first securing any necessary
approvals from the FCC.

                  (g) NO OTHER PLEDGED COLLATERAL. As of the date of this
Agreement, (i) the Pledged Membership Interests represent all of the membership
interests of [HOLDCO/NEWCO] issued and outstanding as of such date, and (ii) no
other party has possession of any of the certificates, instruments or other
writings representing or evidencing the Pledged Membership Interests or has any
warrants, options or other rights entitling such party to acquire any interest
in the membership interests of [HOLDCO/NEWCO].

                  (h) PLEDGED MEMBERSHIP INTERESTS NOT SECURITIES. None of the
Pledged Membership Interests (i) is dealt in or traded on a securities exchange
or in a securities market, (ii) by its terms expressly provides that it is a
security governed by Article 8 of the UCC, (iii) is an investment company
security, (iv) is held in a securities account or (v) constitutes a Security or
Financial Asset.

                  (i) DELIVERY OF MEMBERSHIP INTERESTS. The Pledgor has
delivered or otherwise caused the transfer to the Pledgee of all certificates,
instruments or other writings representing, evidencing or constituting Pledged
Collateral. The Pledged Membership Interests are not and shall not be
represented or evidenced by any certificates, instruments or other writings
other than those delivered hereunder.

                  (j) CONSENTS. No consent or authorization of, filing with, or
other act by or in respect of, any arbitrator or Governmental Authority and no
consent of any other person (including, without limitation, any stockholder,
member or creditor of the Pledgor), is required (i) for the pledge made by the
Pledgor or for the granting of the security interest by the Pledgor pursuant to
this Agreement or for the execution, delivery or performance of this Agreement
by the Pledgor or (ii) for the exercise by the Pledgee of the rights and
remedies provided for in this Agreement, except (a) any necessary approvals by
the FCC for a Change in Control of an entity holding FCC licenses, which
approvals must be secured by Pledgee before the Pledgee may take any action

PAGE 7 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

constituting a Change in Control, and (b) such approvals as may be required by
laws affecting the offering and sale of securities.

                  (k) BINDING OBLIGATIONS, ETC. This Agreement has been duly
executed and delivered by the Pledgor and constitutes the legal, valid and
binding obligations of the Pledgor enforceable against the Pledgor in accordance
with its terms, except as enforceability may be limited by bankruptcy,
insolvency, reorganization, similar laws affecting creditors' rights generally
or general principles of equity.

The foregoing representations and warranties shall survive the execution and
delivery of this Agreement.

         11. COVENANTS. In addition to the covenants of the Pledgor set forth in
the Loan Facility Agreement, which are incorporated herein by this reference, so
long as any of the Secured Obligations shall remain unpaid or unsatisfied, the
Pledgor shall:

                  (a) DEFENSE OF PLEDGED COLLATERAL. At its own cost and
expense, take any and all actions necessary to defend title to the Pledged
Collateral against all persons and to defend the Pledgee's security interest in
the Pledged Collateral and the priority thereof against any Lien.

                  (b) DISPOSITION OF PLEDGED COLLATERAL. Not make or permit to
be made any sale, transfer or other disposition of any of the Pledged Collateral
or grant any option, warrant or other right or interest with respect to, any of
the Pledged Collateral, except with the prior written consent of the Pledgee.

                  (c) CHANGE OF NAME, IDENTITY OR STRUCTURE. The Pledgor will
not move the location of its chief executive offices, change its jurisdiction of
organization or entity structure nor move its records concerning the Pledged
Collateral unless the Pledgor shall have given the Pledgee prior written notice
of such move or change.

                  (d) NO LIENS. Not make or permit to be made an assignment,
pledge or hypothecation of any of the Pledged Collateral or create or permit to
exist any Lien upon or with respect to any of the Pledged Collateral other than
the security interest of the Pledgee created hereby without the prior written
consent of the Pledgee.

                  (e) MEMBER AGREEMENTS. Not enter into any member agreement,
voting agreement, voting trust, irrevocable proxies or any other similar
agreement or instrument with respect to any Pledged Collateral.

                  (f) NO SECURITIES. Not take any action or permit any action to
be taken that would cause any Pledged Membership Interests to become a Security,
unless such Pledged Membership Interest has been certificated and pledged to the
Pledgee pursuant to this Agreement.

         12. FURTHER ASSURANCES. The Pledgor agrees, at its own expense, to
execute, acknowledge, deliver and cause to be duly filed all such further
instruments and documents and take all such reasonable actions as the Pledgee
may from time to time request to better assure, preserve, protect and perfect
the security interest of the Pledgee in the Pledged Collateral and the rights
and remedies of the Pledgee hereunder, including, without limitation, the
payment of any

PAGE 8 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

fees and taxes required in connection with the execution and delivery of this
Agreement, the granting of such security interest and the filing of any
financing statements or other documents in connection herewith or therewith.
Without limiting the generality of the foregoing, the Pledgor further agrees
that it shall, concurrently with the execution of this Agreement and at any time
and from time to time thereafter (a) procure, execute and deliver to the Pledgee
all stock powers, endorsements, financing statements, assignments and other
instruments of transfer requested by the Pledgee and (b) deliver to the Pledgee
immediately upon receipt the originals of all Pledged Membership Interests and
all certificates, instruments or other writings representing, evidencing or
constituting Pledged Collateral. The Pledgor agrees that it will use its best
efforts to take such action as shall be necessary in order that all
representations and warranties hereunder shall be true and correct with respect
to such Pledged Membership Interests within thirty (30) days after the date it
has been notified by the Pledgee of the specific identification of such Pledged
Membership Interests.

         13. INTENTIONALLY OMITTED.

         14. VOTING RIGHTS; DIVIDENDS.

         (a) PRIOR TO THE OCCURRENCE OF AN EVENT OF DEFAULT. So long as no Event
of Default shall exist or result therefrom (and, in the case of subparagraph (i)
below, so long as written notice has not been given by the Pledgee to the
Pledgor):

                  (i) VOTING RIGHTS. The Pledgor shall be entitled to exercise
         any and all voting and other consensual rights pertaining to the
         Pledged Membership Interests or any part thereof for any purpose not
         inconsistent with the terms of this Agreement or the Loan Facility
         Agreement; provided, however, that the Pledgor shall not exercise or
         shall refrain from exercising any such right if, in the judgment of the
         Pledgee, such action would have a material adverse effect on the value
         of the Pledged Collateral or any part thereof or the interest of the
         Pledgee therein, and, provided, further, that the Pledgor shall give
         the Pledgee at least five business days' prior written notice of the
         manner in which it intends to exercise, or the reasons for refraining
         from exercising, any such right.

                  (ii) DIVIDENDS. The Pledgor shall be entitled to receive and
         retain any and all dividends or distributions paid in respect of the
         Pledged Membership Interests, but only if such dividends or
         distributions are allowed by the terms of the Loan Facility Agreement,
         except the following: (A) dividends paid or payable other than in cash
         in respect of, and instruments and other property received, receivable
         or otherwise distributed in respect of, or in exchange for, any Pledged
         Membership Interests; (B) dividends and other distributions paid or
         payable in cash in respect of any Pledged Membership Interests in
         connection with a partial or total liquidation or dissolution or in
         connection with a reduction of capital, capital surplus or
         paid-in-surplus; and (C) cash paid, payable or otherwise distributed in
         redemption of, or in exchange for, any Pledged Membership Interests;
         all of which shall be forthwith delivered to the Pledgee to hold as,
         Pledged Collateral and shall, if received by the Pledgor, be received
         in trust for the benefit of the Pledgee, be segregated from the other
         property or funds of the Pledgor, and be forthwith paid over or
         otherwise delivered to the Pledgee as Pledged Collateral in the same
         form as so received, together with duly executed instruments of
         transfer or

PAGE 9 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

         assignment satisfactory to the Pledgee, as further collateral security
         for the Secured Obligations.

                  (iii) PROXIES, ETC. The Pledgee shall execute and deliver (or
         cause to be executed and delivered) to the Pledgor all such proxies and
         other instruments as the Pledgor may request for the purpose of
         enabling the Pledgor to exercise the voting and other rights which it
         is entitled to exercise pursuant to subparagraph (i) above and to
         receive the dividends or distributions which it is authorized to
         receive and retain pursuant to subparagraph (ii) above.

         (b) UPON THE OCCURRENCE OF AN EVENT OF DEFAULT. Upon the occurrence and
during the continuance of an Event of Default:

                  (i) VOTING RIGHTS. All rights of the Pledgor to exercise the
         voting and other consensual rights which it would otherwise be entitled
         to exercise pursuant to Section 14(a)(i) above shall cease upon written
         notice thereof from the Pledgee, and all such rights shall thereupon
         become vested in the Pledgee, who shall thereupon have the sole right
         to exercise such voting and other consensual rights, provided, however,
         that no rights shall vest in Pledgee that would constitute a Change in
         Control of any holder of FCC licenses unless and until Pledgee first
         secures any requisite approval from the FCC.

                  (ii) DIVIDENDS. All rights of the Pledgor to receive the
         dividends or distributions which it would otherwise be authorized to
         receive and retain pursuant to Section 14(a)(ii) above shall cease, and
         all such rights shall thereupon become vested in the Pledgee, who shall
         thereupon have the sole right to receive and hold as Pledged Collateral
         such dividends, provided, however, that no rights shall vest in Pledgee
         that would constitute a Change in Control of any holder of FCC licenses
         unless and until Pledgee first secures any requisite approval from the
         FCC. All dividends or distributions which are received by the Pledgor
         contrary to the provisions of this subparagraph (ii) shall be received
         in trust for the benefit of the Pledgee, shall be segregated from other
         funds of the Pledgor and shall be forthwith paid over or otherwise
         delivered to the Pledgee as Pledged Collateral in the same form as so
         received, together with duly executed instruments of transfer or
         assignment satisfactory to the Pledgee, as further collateral security
         for the Secured Obligations.

                  (iii) PROXIES, ETC. In order to permit the Pledgee to exercise
         the voting and other rights which it may be entitled to exercise
         pursuant to subparagraph (i) above, and to receive all dividends and
         distributions which it may be entitled to receive under subparagraph
         (ii) above, the Pledgor shall, if necessary, upon written notice of the
         Pledgee, from time to time execute and deliver to the Pledgee
         appropriate proxies, dividend payment orders and other instruments as
         the Pledgee may request.

         15. APPOINTMENT OF PLEDGEE. So long as any Secured Obligation remains
unpaid, the Pledgor does hereby designate and appoint the Pledgee its true and
lawful attorney coupled with an interest and with power irrevocable, after an
Event of Default has occurred and is continuing, for the purpose of carrying out
the provisions of this Agreement and taking any action and executing any
instrument that the Pledgee may reasonably deem necessary or advisable to
accomplish the

PAGE 10 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

purposes hereof, including, without limitation, all of the following: (i)
receive, endorse and collect all instruments made payable to the Pledgor
representing any dividend, interest payment or other distribution in respect of
the Pledged Collateral or any part thereof and to give full discharge for the
same; (ii) perfect or continue perfected, maintain the priority of or provide
notice of the Pledgee's security interest in the Pledged Collateral; (iii)
execute any and all endorsements, assignments or other documents and instruments
necessary to sell, lease, assign, convey or otherwise transfer title in or
dispose of the Pledged Collateral; and (iv) execute any and all such other
documents and instruments, and do any and all acts and things for and on behalf
of the Pledgor, which the Pledgee may reasonably deem necessary or advisable to
maintain, protect, realize upon and preserve the Pledged Collateral and the
Pledgee's security interest therein and to accomplish the purposes of this
Agreement, provided, however, that no rights shall vest in Pledgee that would
constitute a Change in Control of any holder of FCC licenses unless and until
Pledgee first secures any requisite approval from the FCC. The acceptance of
this appointment by the Pledgee shall not obligate it to perform any duty,
covenant or obligation required to be performed by the Pledgor under or by
virtue of the Pledged Collateral or to take any action in connection therewith.
All expenses incurred by the Pledgee in connection with exercising any of its
rights under this Section shall bear interest at a per annum rate equal to five
percent (5%) above the prime rate as published in The Wall Street Journal at the
time an Event of Default occurs (the "Default Rate") from the date incurred
until repaid by the Pledgor. All amounts described in this Section shall be
repayable by the Pledgor on demand and the Pledgor's obligation to make such
repayment shall constitute an additional Secured Obligation.

         16. NO RESPONSIBILITY FOR CERTAIN ACTIONS. Notwithstanding any
provision contained in this Agreement, the Pledgee shall have no responsibility
for (a) ascertaining or taking action with respect to calls, conversions,
exchanges, maturities, tenders or other matters relative to any Pledged
Collateral, whether or not the Pledgee has or is deemed to have knowledge of
such matters, or (b) taking any necessary steps to preserve any rights against
any third parties with respect to any Pledged Collateral.

         17. EVENTS OF DEFAULT. The occurrence of any of the following events
shall constitute an "Event of Default":

                  (a) a Global Event of Default or a Market Event of Default as
defined in the Loan Facility Agreement shall have occurred and be continuing;

                  (b) any representation or warranty made or deemed made by the
Pledgor under or in connection with this Agreement shall prove to have been
incorrect in any material respect when made or deemed made; or

                  (c) the Pledgor shall fail to perform or observe any other
covenant, obligation or term of this Agreement.

         18. FCC COMPLIANCE. Notwithstanding anything to the contrary contained
herein, the Pledgee will not take any action pursuant to this Agreement which
would constitute or result in an assignment of any FCC license, construction
permit or other authorization or a Change in Control of any holder of an FCC
license if such assignment of FCC license, construction permit or other
authorization or Change in Control would require under then existing law
(including the written

PAGE 11 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

rules and regulations promulgated by the FCC) the prior approval of the FCC
without first obtaining such approval of the FCC. The Pledgee specifically
agrees that (a) voting rights in the Pledged Membership Interests will remain
with the Pledgor upon and following the occurrence of an Event of Default unless
any required prior approvals of the FCC to the transfer of such voting rights
shall have been obtained; and (b) prior to the exercise of voting rights by a
purchaser of the Pledged Membership Interests at a private or public sale, the
prior consent of the FCC pursuant to 47 U.S.C. Section 310(d) or any successor
provision or applicable law will, if required, be obtained. The Pledgor agrees
after the occurrence of any Event of Default to take any action which the
Pledgee may reasonably request in order to obtain and enjoy the full rights and
benefits granted to the Pledgee by this Agreement and each other agreement,
instrument and document delivered to the Pledgee in connection herewith or by
any of the other Loan Documents, including specifically, at the Pledgor's own
cost and expense, the use of Pledgor's best efforts to assist in obtaining
approval of the FCC for any action or transaction contemplated by this Agreement
which is then required by law, and specifically, without limitation, upon
request, to prepare, sign and file with the FCC the assignor's or transferor's
and licensee's portions of any application or applications for consent to
assignment of license, construction permit or other authorization or transfer of
control necessary or appropriate under the FCC's rules and regulations. Pledgor
further consents to the assignment or transfer of control of any FCC license,
construction permit, or other authorization to a receiver, trustee, or similar
official or to any purchaser of the pledged securities pursuant to any public or
private sale, judicial sale, foreclosure, or exercise of other remedies
available to Pledgee as permitted by applicable law.

         19. REMEDIES.

                  (a) GENERAL REMEDIES. Pledgee's rights and remedies under this
Section 19 are subject to Sections 8.4, 8.5, and 8.7 of the Loan Facility
Agreement. If an Event of Default shall occur, the Pledgee shall have, in
addition to all other rights and remedies granted to it in this Agreement, the
Loan Facility Agreement or any other Loan Document, all rights and remedies of a
secured party under the UCC and other applicable laws. Without limiting the
generality of the foregoing, the Pledgor agrees that the Pledgee may:

                  (i) require the Pledgor to assemble all or any part of the
         Pledged Collateral and make it available to the Pledgee at any place
         and time designated by the Pledgee; and

                  (ii) in the event that any of the Pledged Membership Interests
         become securities, subject to the requirements of laws affecting the
         offering and sale of securities, sell, resell, assign, transfer or
         otherwise dispose of any or all of the Pledged Collateral at public or
         private sale or at any broker's board or on any securities exchange, by
         one or more contracts, in one or more lots or parcels, at the same or
         different times, for cash or credit, or for future delivery without
         assumption of any credit risk, all as the Pledgee deems advisable;
         provided, however, that, except as otherwise required under Section
         9A-608 and/or Section 9A-615 of the UCC, the Pledgor shall be credited
         with the net proceeds of sale only when such proceeds are finally
         collected by the Pledgee.

                  (b) SALE OF PLEDGED COLLATERAL. Each purchaser at any sale
pursuant to this Agreement shall hold the property sold absolutely, free from
any claim or right on the part of the Pledgor, and the Pledgor hereby waives, to
the fullest extent permitted by applicable laws, all

PAGE 12 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

rights of redemption, stay and appraisal which the Pledgor now has or may at any
time in the future have under any rule of law or statute now existing or
hereafter enacted. If required by FCC regulations at the time of sale, each
prospective purchaser at any sale pursuant to this Agreement shall be notified
in writing that any such sale may be subject to FCC approval (which Pledgor
agrees is commercially reasonable). The Pledgee shall be authorized at any such
sale to restrict the prospective bidders or purchasers to persons who will
represent and agree that they are purchasing the Pledged Collateral for their
own account for investment and not with a view to the distribution or sale
thereof (which Pledgor agrees is commercially reasonable). Neither the Pledgee's
compliance with the UCC or any other applicable law, in the conduct of any sale
made pursuant to this Agreement, nor its disclaimer of any warranties relating
to the Pledged Collateral, shall be considered to adversely affect the
commercial reasonableness of such sale. The Pledgee shall give the Pledgor ten
(10) days' written notice (which the Pledgor agrees is reasonable notice within
the meaning of Section 9A-612 of the UCC) of the Pledgee's intention to make any
sale of Pledged Collateral. The Pledgee shall not be obligated to make any sale
of any Pledged Collateral if it shall determine not to do so, regardless of the
fact that notice of sale of such Pledged Collateral shall have been given (which
Pledgor agrees is commercially reasonable). The Pledgee may, without notice or
publication, adjourn any public or private sale or cause the same to be
adjourned from time to time by announcement at the time and place fixed for
sale, and such sale may, without further notice, be made at the time and place
to which the same was so adjourned (which Pledgor agrees is commercially
reasonable). To the fullest extent permitted by applicable laws, the Pledgee may
bid for or purchase the Pledged Collateral or any part thereof offered for sale
and may make payment on account thereof by using any claim then due and payable
to the Pledgee from the Pledgor as a credit against the purchase price and the
Pledgee, upon compliance with the terms of sale, hold, retain and dispose of
such property without further accountability to the Pledgor therefor. For
purposes hereof, a written agreement to purchase the Pledged Collateral or any
portion thereof shall be treated as a sale thereof; the Pledgee shall be free to
carry out such sale pursuant to such agreement and the Pledgor shall not be
entitled to the return of the Pledged Collateral or any portion thereof subject
thereto, notwithstanding the fact that after the Pledgee shall have entered into
such an agreement, all Events of Default shall have been remedied and the
Secured Obligations paid in full.

                  (c) WAIVER OF RIGHTS TO PURCHASE. The Pledgor, for itself and
its successors and assigns, does hereby irrevocably waive and release all
preemptive, first-refusal and other similar rights of the Pledgor to purchase
any or all of the Pledged Membership Interests upon any sale thereof by the
Pledgee under this Agreement, whether such right to purchase arises under any of
the organizational documents of [HOLDCO/NEWCO], by agreement, by operation of
law or otherwise.

                  (d) EXEMPT SALES TRANSACTIONS. The Pledgor recognizes that, in
the event that any of the Pledged Membership Interests become securities, by
reason of certain provisions contained in the Securities Act of 1933, as from
time to time amended (the "Securities Act") and applicable state securities
laws, the Pledgee may be compelled, with respect to any sale of all or any part
of the Pledged Membership Interests, to limit purchasers to those who will
agree, among other things, to acquire such securities for their own account, for
investment, and not with a view to the distribution or resale thereof. The
Pledgor acknowledges and agrees that any such sale may result in prices and
other terms less favorable to the seller than if such sale were a public sale
without such restrictions and notwithstanding such circumstances, agrees that
any such sale shall

PAGE 13 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

be deemed to have been made in a commercially reasonable manner. The Pledgee
shall be under no obligation to delay the sale of any of the Pledged Membership
Interests for the period of time necessary to permit the Pledgor to register
such securities for public sale under the Securities Act, or under applicable
state or foreign government securities laws, even if the Pledgor would agree to
do so. If the Pledgee determines to exercise its right to sell any or all of the
Pledged Membership Interests, upon written request, the Pledgor shall and shall
cause [HOLDCO/NEWCO] to, from time to time, furnish to the Pledgee all such
information as the Pledgee may request in order to determine the number of
shares and other instruments included in the Pledged Membership Interests which
may be sold by the Pledgee as exempt transactions under the Securities Act and
rules of the SEC thereunder, as the same are from time to time in effect.

         (e) RETENTION OF PLEDGED COLLATERAL. The Pledgee may, after providing
the notices required by Section 9A-505(2) of the UCC or otherwise complying with
any requirement of applicable law, accept or retain the Pledged Collateral or
any part thereof in satisfaction of the Secured Obligations. Unless and until
the Pledgee shall have provided such notices, however, the Pledgee shall not be
deemed to have retained any Pledged Collateral in satisfaction of any Secured
Obligations for any reason.

         (f) DUTY OF CARE. Except for the exercise of reasonable care in the
custody of any Pledged Collateral in its possession and the accounting for
moneys actually received by it hereunder, the Pledgee shall have no duty as to
any Pledged Collateral or as to the taking of any necessary steps to preserve
rights against prior parties or any other rights pertaining to any Pledged
Collateral. The Pledgee shall be deemed to have exercised reasonable care in the
custody and preservation of Pledged Collateral in its possession if such Pledged
Collateral is accorded treatment substantially equal to that which the Pledgee
accords its own similar property. Neither the Pledgee nor any of its affiliates,
directors, officers, employees, counsel, agents and attorneys-in-fact shall be
liable for failure to demand, collect or realize upon all or any part of the
Pledged Collateral or for any delay in doing so or shall be under any obligation
to sell or otherwise dispose of any Pledged Collateral upon the request of the
Pledgor or otherwise.

         (g) APPLICATION OF PROCEEDS. The cash proceeds actually received from
the sale or other disposition or collection of the Pledged Collateral, and any
other amounts received in respect of the Pledged Collateral the application of
which is not otherwise provided for herein, shall be applied: first, to payment
of any reasonable costs, expenses and fees, including, without limitation,
reasonable attorneys' fees (including allocated costs of in-house counsel),
incurred by the Pledgee in connection with sale or other disposition or
collection of Pledged Collateral; second, to payment of any all reasonable
costs, expenses and fees, including, without limitation, reasonable attorneys'
fees (including allocated costs of in-house counsel), payable to the Pledgee
under this Agreement; third, to payment in full of the Secured Obligations (to
the extent not included in clause first or second above); and fourth, the
balance, if any, after all of the Secured Obligations have been indefeasibly
paid in full, to the Pledgor or as otherwise required by law. The Pledgee shall
have absolute discretion as to the time of application of any such proceeds,
moneys or balances in accordance with this Agreement. The Pledgor shall remain
liable to the Pledgee for any deficiency which exists after any sale or other
disposition or collection of the Pledged Collateral.

PAGE 14 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

         20. CERTAIN WAIVERS. The Pledgor waives, to the fullest extent
permitted by applicable laws, (a) any right of redemption with respect to the
Pledged Collateral, whether before or after sale hereunder, and all rights, if
any, of marshalling of the Pledged Collateral or other collateral or security
for the Secured Obligations; (b) any right to require the Pledgee (i) to proceed
against any person, (ii) to exhaust any other collateral or security for any of
the Secured Obligations, (iii) to pursue any remedy in the Pledgee's power, or
(iv) to make or give any presentments, demands for performance, notices of
nonperformance, protests, notices of protests or notices of dishonor in
connection with any of the Pledged Collateral; and (c) all claims, damages, and
demands against the Pledgee arising out of the repossession, retention, sale or
application of the proceeds of any sale of the Pledged Collateral.

         21. EXPENSES INCURRED. The Pledgee is not required to, but may, at its
option, pay any tax, assessment, insurance premium, filing or recording fees, or
other charges payable by the Pledgor hereunder and any such amount shall bear
interest at the Default Rate from the date of payment until repaid. The Pledgor
agrees to pay or reimburse the Pledgee on demand for all reasonable expenses
including, without limitation, reasonable attorneys' fees (including allocated
charges of internal legal counsel), incurred by the Pledgee in connection with
(i) the custody or preservation of, or the sale of, collection from or other
realization upon any of the Pledged Collateral (including, without limitation,
all reasonable expenses of sales and collections of the Pledged Collateral),
(ii) the exercise, enforcement or protection of any of the rights of the Pledgee
under this Agreement (including, without limitation, all such reasonable costs
and expenses incurred during any "workout" or restructuring in respect of the
credit extended under the Loan Facility Agreement and during any legal
proceeding, including, without limitation, any proceeding under any applicable
bankruptcy, insolvency or other similar debtor relief laws) or (iii) the failure
of the Pledgor to perform or observe any its obligations under this Agreement,
and any such amount shall bear interest at the Default Rate from the date such
expenditures are made by the Pledgee until repaid. All amounts described in this
Section shall be repayable by the Pledgor on demand and the Pledgor's obligation
to make such repayment shall constitute an additional Secured Obligation.

         22. AMENDMENTS AND WAIVERS. Any provision of this Agreement may be
amended or waived if, and only if, such amendment or waiver is in writing and
signed (in the case of an amendment) by Pledgor and Pledgee or (in the case of a
waiver) by the party against whom the waiver is to be effective. No failure or
delay by either party in exercising any right, power or privilege hereunder
shall operate as a waiver thereof nor shall any single or partial exercise
thereof preclude any other or further exercise thereof or the exercise of any
other right, power or privilege. The rights and remedies provided herein are
cumulative and not exclusive of any right or remedy provided by law.

         23. NOTICES. All notices or other communications hereunder shall be in
writing and shall be deemed to have been duly given or made (i) upon delivery if
delivered personally (by courier service or otherwise), as evidenced by written
receipt or other written proof of delivery (which may be a printout of the
tracking information of a courier service that made such delivery), or (ii) upon
confirmation of dispatch if sent by facsimile transmission (which confirmation
shall be sufficient if shown by evidence produced by the facsimile machine used
for such transmission), in each case to the applicable addresses set forth below
(or such other address which either party may from time to time specify):

PAGE 15 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

                   If to Pledgor:       Hispanic Information and
                                        Telecommunications Network, Inc.
                                        449 Broadway, Third Floor
                                        New York, New York 10013
                                        Attention: Jose Luis Rodriguez
                                        Facsimile No.: (212) 966-5725

                   With a copy to:      Day, Berry & Howard LLP
                                        875 Third Avenue
                                        New York, NY 10022
                                        Attention: Sabino Rodriguez, Esq.
                                        Facsimile No.: (212) 829-3601

                   With a copy to:      RJGLaw LLC
                                        1010 Wayne Avenue, Suite 950
                                        Silver Spring, MD 20910
                                        Attention: Rudolph J. Geist
                                        Facsimile No.: (301) 589-2644

                   If to Pledgee:       Clearwire Corporation
                                        10210 N.E. Points Drive, Suite 210
                                        Kirkland, WA 98033
                                        Attention: Benjamin G. Wolff
                                        Facsimile No.: 425-828-8061

                   With a copy to:      Davis Wright Tremaine LLP
                                        1501 Fourth Avenue
                                        2600 Century Square
                                        Seattle, WA 98101
                                        Attention: Julie A. Weston, Esq.
                                        Facsimile No.: 206-628-7699

Pledgor hereby agrees that such notice shall be deemed to meet any requirements
of reasonable notice contained in the UCC or other applicable law.

         24. COSTS AND EXPENSES. Pledgor and Pledgee shall pay their own costs
and expenses incurred by them, including the fees and out-of-pocket expenses of
their own legal counsel, in connection with the preparation, negotiation and
filing of this Agreement. Pledgor shall pay to Pledgee or its agents on demand
each cost and expense (including, but not limited to, the reasonable fees and
disbursements of counsel to Pledgee or its agents, whether internal or external
and whether retained for advice, for litigation or for any other purpose)
incurred by Pledgee or its agents either directly or indirectly in connection
with endeavoring to (1) collect any amount owing pursuant to this Agreement, or
negotiate or document a workout or restructuring; (2) enforce or realize upon
any guaranty, endorsement or other assurance, any collateral or other security,
or any subordination, directly or indirectly securing or otherwise directly or
indirectly applicable in any such amount; or (3) preserve or exercise any right
or remedy of Pledgee or its agents pursuant to this Agreement. All such amounts
shall be repayable by the Pledgor on demand and shall bear

PAGE 16 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

interest at the Default Rate until repaid, and the Pledgor's obligation to make
such repayment shall constitute an additional Secured Obligation.

         25. SURVIVAL OF COVENANTS. All covenants, agreements, representations
and warranties made by Pledgor hereunder shall survive the execution and
delivery of this Agreement and the Pledged Membership Interests hereunder.

         26. SEVERABILITY. The unenforceability or invalidity of any provision
or provisions of this Agreement shall not render any other provision or
provisions hereof or thereof unenforceable or invalid.

         27. ADDITIONAL DOCUMENTS. Pledgor shall at Pledgee's request, from time
to time, at Pledgor's sole cost and expense, execute, re-execute, deliver and
redeliver any and all documents, and do and perform such other and further acts,
as may reasonably be required by Pledgee to enable Pledgee to perfect, preserve,
and protect its security interest in the Collateral and its rights and remedies
under this Agreement or granted by law and to carry out and effect the intents
and purposes of this Agreement.

         28. ASSIGNMENT. This Agreement shall be binding upon and shall inure to
the benefit of the parties and their respective successors and permitted
assigns. This Agreement may not be assigned by Pledgor. Pledgee may transfer or
assign the Loan Facility and this Agreement to any of its affiliates.

         29. COUNTERPARTS. This Agreement may be executed and delivered
(including by facsimile transmission) in one or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and
the same instrument.

         30. GOVERNING LAW. This Agreement shall be governed by, and construed
in accordance with, the internal laws of the State of Washington, without
reference to the choice of law principles thereof. PLEDGOR IRREVOCABLY AGREES
THAT, SUBJECT TO PLEDGEE'S SOLE AND ABSOLUTE DISCRETION, ALL ACTIONS OR
PROCEEDINGS IN ANY WAY ARISING OUT OF OR RELATED TO THIS AGREEMENT SHALL BE
LITIGATED IN COURTS HAVING SITUS WITHIN THE COUNTY OF KING, STATE OF WASHINGTON.
PLEDGOR HEREBY CONSENTS AND SUBMITS TO THE JURISDICTION OF ANY LOCAL, STATE OR
FEDERAL COURT LOCATED WITHIN SUCH COUNTY AND STATE. PLEDGOR HEREBY WAIVES ANY
RIGHT IT MAY HAVE TO TRANSFER OR CHANGE THE VENUE OF ANY LITIGATION BROUGHT
AGAINST PLEDGOR BY PLEDGEE IN ACCORDANCE WITH THIS SECTION.

         31. WAIVER OF JURY TRIAL. PLEDGOR AND PLEDGEE HEREBY KNOWINGLY,
VOLUNTARILY, AND INTENTIONALLY WAIVE ANY RIGHT TO TRIAL BY JURY PLEDGOR AND
PLEDGEE MAY HAVE IN ANY ACTION OR PROCEEDING, IN LAW OR IN EQUITY, IN CONNECTION
WITH THIS AGREEMENT OR THE TRANSACTIONS RELATED HERETO. PLEDGOR REPRESENTS AND
WARRANTS THAT NO REPRESENTATIVE OR AGENT OF PLEDGEE HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, THAT PLEDGEE WILL NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE
THIS JURY TRIAL WAIVER. PLEDGOR ACKNOWLEDGES THAT PLEDGEE

PAGE 17 - EXHIBIT 1.36 - PLEDGE AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.36

HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE
PROVISIONS OF THIS SECTION.

         32. NO INCONSISTENT REQUIREMENTS. The Pledgor acknowledges that this
Agreement and the other Loan Documents may contain covenants and other terms and
provisions variously stated regarding the same or similar matters, and agrees
that all such covenants, terms and provisions are cumulative and all shall be
performed and satisfied in accordance with their respective terms.

         33. FCC. Notwithstanding anything else contained in this Agreement to
the contrary, all actions taken by the parties pursuant to this Agreement shall
be consistent with the provisions and requirements of the Communications Act of
1934, as amended by Telecommunications Act of 1996, and the rules, regulations
and policies promulgated thereunder.

         IN WITNESS WHEREOF, the Pledgor and Pledgee have caused this Agreement
to be executed by their respective officers or agents thereunto duly authorized
as of the date first above written.

         PLEDGOR:                  /HISPANIC INFORMATION &
                                   TELECOMMUNICATIONS NETWORK,
                                   INC., a New York not-for-profit corporation/

                                   [OPTION 2: HITN SPECTRUM, LLC, a
                                   Delaware limited liability company/

                                   By
                                       -----------------------------------------
                                   Its
                                       -----------------------------------------

         PLEDGEE:                  CLEARWIRE CORPORATION, a
                                   Delaware corporation

                                   By:
                                       -----------------------------------------
                                   Name:  Benjamin G. Wolff
                                   Title: Executive Vice-President

PAGE 18 - EXHIBIT 1.36 - PLEDGE AGREEMENT
<PAGE>

                                                                    EXHIBIT 1.36

                     [HOLDCO/NEWCO]'S CONSENT AND AGREEMENT

         [HOLDCO/NEWCO] hereby consents to the terms of the foregoing Agreement.
Without limiting the generality of the foregoing, [HOLDCO/NEWCO] agrees that
upon the occurrence of an Event of Default, Pledgee may foreclose its security
interest in the Pledged Collateral in accordance with the UCC and the terms of
the foregoing Agreement. Upon execution and delivery of documents in a form
reasonably acceptable to [HOLDCO/NEWCO] purporting to assume the obligations of
Pledgor under the Operating Agreement, Pledgee, its nominee or a third party
purchaser of the Pledged Collateral, as the case may be, shall have all rights
of Pledgor under the Operating Agreement and without limiting the foregoing
shall, if it elects to do so, have the right to become a "Member" under the
Operating Agreement. [HOLDCO/NEWCO] further agrees that upon receipt of written
notice from Pledgee to the effect that an Event of Default has occurred, and
without requiring an assumption of Pledgor's obligations by Pledgee or any other
party, [HOLDCO/NEWCO] shall make all payments otherwise payable to Pledgor under
the Operating Agreement directly to Pledgee. Notwithstanding anything to the
contrary in this Consent and Agreement, the provisions of Section 33 of the
foregoing Agreement apply.

                                          [HITN SPECTRUM, LLC/NEWCO],

                                          a___________________limited liability
                                          company/corporation

                                          By [_________________________________]
                                             Its Member

PAGE 19 - EXHIBIT 1.36 - PLEDGE AGREEMENT
<PAGE>

                                 PROMISSORY NOTE

                                                 Dated as of _____________, 20__

         1. BORROWING AND REPAYMENT.

                  1.1 Promise To Pay. For value received, [HITN SPECTRUM,
LLC]/[NEWCO], a Delaware limited liability company ("Borrower"), promises to pay
to the order or assigns of Clearwire Corporation, a Delaware corporation
("Lender"), in lawful money of the United States, the amount that Lender
actually loans to Borrower under this Promissory Note (this "Note") pursuant to
that certain Spectrum Access and Loan Facility Agreement dated as of May _____,
2005 (the "Loan Facility Agreement"), under which Lender, at its continuing
option and in its sole discretion, may advance funds to Borrower from time to
time, together with interest thereon as provided in this Note (the "Interest
Rate").

                  1.2 Definitions. This Note is one of the Promissory Notes
described in the Loan Facility Agreement and the terms of the Loan Facility
Agreement are incorporated herein by reference. Lender or anyone who takes this
Note by transfer and who is entitled to receive payments under this Note will be
called the "Note Holder." Capitalized terms used herein and not otherwise
defined shall have the meanings given to them in the Loan Facility Agreement.

                  1.3 Borrowing. Borrower may request loans from Lender from
time to time under this Note and Lender shall make loans to Borrower (each, an
"Advance") as long as: (a) the amount to be advanced shall be authorized by
Lender and shall not exceed the amount required pursuant to the applicable
spectrum transfer agreement (each, an "STA") under which Borrower acquires an
EBS Opportunity Channel plus additional expenses incurred in connection with
each STA to form an acquisition entity (if required), to complete due diligence
and to close the transaction; (b) the initial Advance is being used only for the
purpose of financing Borrower's acquisition of the spectrum licenses and channel
under each STA; (c) all conditions precedent set forth in the Loan Facility
Agreement to making an Advance (or a "Subsequent Advance," if applicable) are
satisfied; (d) there is no event of default by Borrower under this Note; (e)
there is no Market Event of Default in the Market of the Acquired Channel
acquired with an Advance by Hispanic Information and Telecommunications Network,
Inc. [OPTION 1: (USE IF BORROWER IS HOLDCO): or Borrower] [OPTION 2: (USE IF
BORROWER IS A NEWCO): HITN Spectrum, LLC, or Borrower] or any affiliate of
Borrower under the Loan Facility Agreement; (f) no Global Event of Default
exists under the Loan Facility Agreement; (g) there is no event of default by
Borrower [OPTIONAL (USE IF BORROWER IS A NEWCO): or HITN Spectrum, LLC] under
any of the Use Agreements or the Third-Party Leases; and (h) no event exists
which with notice, or the passage of time or both would become an event of
default, Market Event of Default or Global Event of Default as described in
clauses (d) through (g) above. If Lender makes an Advance, then, so long as the
conditions in clauses (c) and (d) above are still satisfied, Lender agrees to
subsequently advance such additional sums (each, a "Subsequent Advance") as may
be necessary to pay other reasonable and necessary out-of-pocket expenses
incurred by Borrower in connection with maintaining the Acquired Channel
acquired with the Advance, including legal and engineering expenses. Subsequent
Advances shall be advanced only against invoices evidencing incurred obligations
and will not be advanced prior to the time that the expense is incurred.

PAGE 1 - EXHIBIT 1.37 - PROMISSORY NOTE

<PAGE>

                                                                    EXHIBIT 1.37

                  Without limiting the generality of the foregoing, no money
will be advanced under this Note for any personal, family, or household
purposes.

                  1.3 Further Documentation. Upon the making of any Advance,
Lender shall complete a grid in the form of Exhibit 1 attached hereto ("Grid")
and attach it to this Note. Each Grid shall become a part of this Note and shall
be incorporated herein without further action being required by Borrower. Upon
making any Subsequent Advance or the receipt of any payment under this Note,
Lender shall make notations on the applicable Grid. Borrower agrees that such
notations shall constitute evidence of all Advances and Subsequent Advances made
under and payments made on this Note and shall be the sole criteria for
computing principal and interest balances owed by Borrower to Lender.

                  1.4 Interest Rate. Interest shall accrue on the outstanding
principal balance of each Advance from time to time from the date of
disbursement until the Maturity Date at a fixed Interest Rate equal to the prime
rate of interest as published in The Wall Street Journal as of the date of the
initial Advance hereunder. Interest hereunder shall be calculated on the basis
of a 365-day year and actual days elapsed.

                  1.5 Full Repayment. Borrower promises to repay the entire
principal plus all accrued and unpaid interest under each Advance at the time a
Use Agreement is entered into with respect to the Acquired Channel acquired by
Borrower with the Advance but in no event later than [OPTION 1: (USE IF
APPLICABLE THIRD-PARTY LEASE IS UNDER OLD FCC RULES AND HAS MORE THAN 10 YEARS
REMAINING) fifteen (15) years] [OPTION 2: (USE IF NEW FCC RULES ARE APPLICABLE)
ten (10) years] from the initial date of the Advance ("Maturity Date").

                  1.6 Installment Payments. Borrower shall immediately forward
all payments received under Third-Party Leases to Lender. Lender shall apply
such payments as provided in Section 4.

                  1.7 Place of Payment. All payments shall be made at 10210 N.E.
Points Drive, Suite 210, Kirkland, WA 98033, or at such other place as Note
Holder notifies Borrower.

         2. PREPAYMENT. Borrower shall have the right to prepay the whole or any
part of the unpaid principal balance of this Note on any date, together with all
accrued and unpaid interest owing under this Note on the amount so prepaid.

         3. BORROWER'S FAILURE TO PAY AS REQUIRED.

                  3.1 Default. If Borrower is in default under this Note, a
Global Event of Default exists under the Loan Facility Agreement or a Market
Event of Default under the Loan Facility Agreement exists in the Market of the
Acquired Channel acquired with an Advance, then, the Note Holder shall have the
right to declare the whole sum of principal and interest remaining unpaid, and
all other sums due hereunder, immediately due and payable and, upon such
declaration and acceleration of the maturity date hereof, to increase the
Interest Rate hereunder to a fixed rate per annum equal to five percent (5%)
above the Interest Rate (the "Default Rate"). Such Default Rate shall continue
to apply until all defaults are cured to the satisfaction of Note Holder.
Failure to exercise this option upon any one or more defaults shall not
constitute a waiver of the right to exercise it in the future.

PAGE 2 - EXHIBIT 1.37 - PROMISSORY NOTE

<PAGE>

                                                                    EXHIBIT 1.37

                  3.2 Reasonableness of Default Charges. Borrower acknowledges
that nonpayment of any payment when due (whether or not resulting from
acceleration due to an event of default under any applicable Loan Document) will
result in damages to the Note Holder by reason of the additional expenses
incurred in servicing the indebtedness evidenced by this Note and by reason of
the loss to the Note Holder of the use of the money due and frustration to the
Note Holder in meeting its other commitments. Borrower also acknowledges and
agrees that the occurrence of any other event of default under any applicable
Loan Document will result in damages to the Note Holder by reason of the
detriment caused thereby. Borrower further acknowledges that it is and will be
extremely difficult and impracticable to ascertain the extent of such damages
caused by nonpayment of any sums when due or resulting from any other event of
default under any of the applicable Loan Documents. Borrower by its execution
and delivery hereof and the Note Holder by the acceptance of this Note agree
that the Default Rate is a reasonable estimate of such damages, based in part
upon the duration of the default, and that the Default Rate prescribed above
with respect to the amount due and payable after maturity or acceleration will
not unreasonably compensate the Note Holder for such damages.

                  4. APPLICATION OF PAYMENTS. As long as there is no default
under this Note, or any other applicable Loan Document, Note Holder shall apply
each payment first to interest due on the unpaid principal balance, and then to
the reduction of unpaid principal; provided, however, that, if any sums have
been advanced by Note Holder to or on behalf of Borrower, Note Holder shall have
the right, but not the obligation, to apply any cash payment first to the
repayment of such sums advanced. In the event of any default under this Note, or
any other applicable Loan Document, Note Holder, at its option, may apply cash
payments and all other sums received by Note Holder in such manner and in such
order as Note Holder elects in its sole discretion.

                  5. RESPONSIBILITY OF PERSONS UNDER THIS NOTE. Borrower and
each guarantor of this Note, and each person who may at any time assume or
otherwise become liable on this Note (i) waives demand, presentment for payment,
valuation, appraisement, notice of intention to accelerate the maturity of this
Note and to declare the entire balance of the indebtedness evidenced by this
Note due and payable, notice that the entire balance of the indebtedness
evidenced by this Note has been declared due and payable, notice of nonpayment,
protest, notice of protest and all other notices, filing of suit and diligence
in collecting this Note or enforcing the Pledge Agreement or Security Agreement
for the payment of this Note, (ii) agrees to any substitution, exchange or
release of any security or the release of any party primarily or secondarily
liable on this Note, (iii) agrees that, to enforce payment of this Note, the
Note Holder will not be obligated to commence an action or exhaust the remedies
of the Note Holder against Borrower or others liable or to become liable on this
Note, or enforce the rights of Note Holder against any security for the payment
of this Note, and (iv) consents to any extensions or postponements of time of
payment of this Note and to any other indulgence in connection with this Note
without notice of the extensions, postponements or indulgences to any of them.

                  6. FEES AND EXPENSES. If Borrower defaults under this Note,
Borrower shall be liable for and shall pay to Note Holder, in addition to all
other indebtedness of Borrower to Note Holder under the applicable Loan
Documents to which it is a party (including through the Joinder Agreement), all
costs and expenses incurred by Note Holder in collection of this Note or any
such indebtedness or in the enforcement of this Note or any other applicable
Loan Documents, including but not limited to reasonable attorneys' fees
(including allocated costs of

PAGE 3 - EXHIBIT 1.37 - PROMISSORY NOTE

<PAGE>

                                                                    EXHIBIT 1.37

in-house legal services). Without limiting the foregoing, if the Note Holder
refers this Note to an attorney for collection or seeks legal advice following
default, or if any other judicial or non-judicial action is instituted, or any
attorney is employed to reclaim, sequester, protect, preserve or enforce the
Note Holder's interest in any real property or other security for this Note,
including but not limited to proceedings under bankruptcy or eminent domain
laws, or any attorney is employed to interpret, amend, modify, restate or extend
this Note, or any attorney is employed resulting from a dispute between Borrower
and Note Holder regarding this Note, Borrower shall pay all of the Note Holder's
reasonable attorneys' fees (including allocated costs of in-house legal
services) and costs, including, without limitation, attorneys' fees at trial and
on subsequent appeal or review, to the extent permitted by applicable law.

         7. GOVERNING LAW. The provisions of this Note shall be governed by, and
construed in accordance with, the internal laws of the State of Washington,
without reference to the choice of law principles thereof.

         8. NO ORAL WAIVER, MODIFICATION OR CANCELLATION; INVALIDITY. No
provision of this Note may be waived, modified, discharged or canceled orally,
but only in writing and signed by the party against whom enforcement of any
waiver, modification, discharge or cancellation is sought. In case any one or
more of the provisions contained in this Note shall for any reason be held to be
invalid, illegal, or unenforceable in any respect, such invalidity, illegality
or unenforceability shall not affect any other provisions hereof, and this Note
shall be construed as if such invalid, illegal or unenforceable provision(s) had
never been included.

         9. HEADINGS. The headings of this Note are inserted for convenience of
reference only and shall not be applied in construing the provisions of this
Note.

         10. TIME OF ESSENCE. Time is of the essence under this Note.

         11. LAWFUL RATE OF INTEREST. In no event shall the amount of interest
paid hereunder, together with all the amounts reserved, charged, or taken by the
Note Holder as compensation for fees, services, or expenses incidental to the
making, negotiation, or collection of the loan evidenced hereby exceed the
maximum rate of interest on the unpaid principal balance hereof allowable by
applicable law. Nothing contained in this Note, nor in any instrument related
hereto, or securing this Note, shall be construed or so operate as to require
Borrower to pay interest in an amount or at a rate greater than the maximum
allowed by applicable law. Should any interest or other payments paid by
Borrower or property received by the Note Holder result in the computation or
earning of interest in excess of the maximum rate of interest which is permitted
under applicable law, then any and all such excess shall be and the same is
hereby waived by the Note Holder, and all such excess shall be automatically
credited against and in reduction of the principal balance of this Note, and any
portion of said excess which exceeds the principal balance of this Note shall be
paid by the Note Holder to Borrower, it being the intent of the parties hereto
that under no circumstances shall Borrower be required to pay interest in excess
of the maximum rate or amount allowed by applicable law.

         12. SECURITY. This Note is secured by, among other things, a pledge
agreement (the "Pledge Agreement") and a security agreement (the "Security
Agreement") of even date herewith. This Note shall evidence, and the Pledge
Agreement and the Security Agreement, and

PAGE 4 - EXHIBIT 1.37- PROMISSORY NOTE

<PAGE>

                                                                    EXHIBIT 1.37

any of the other Loan Documents to which it is a party which provide that they
secure this Note, shall secure, the indebtedness described herein, any further
loans or advances that may be made to or on behalf of Borrower by Note Holder at
any time or times hereafter under the Pledge Agreement or the Security
Agreement, and any other amounts required to be paid by Borrower under any such
Loan Documents which provide that they secure this Note, and any such loans,
advances or amounts shall be added to the indebtedness evidenced by this Note,
and shall bear interest at the Interest Rate unless a greater rate is expressly
provided for in this Note, the Pledge Agreement, the Security Agreement or such
other Loan Documents.

         13. ASSIGNMENT AND PARTICIPATION. Borrower hereby acknowledges and
agrees that Note Holder may, at any time and from time to time, in Note Holder's
sole discretion, and without notice to or consent of Borrower, sell, assign or
participate interests in the loan or credit facility evidenced by this Note to
any of its affiliates and in connection therewith may disclose to any
prospective assignee or participant any and all financial and other information
about Borrower, any guarantor of the loan evidenced by this Note, or any other
person or entity which may be or become liable on this Note, and about any
aspect of Borrower's, any guarantor's, or any such other person's or entity's
performance or non-performance of any obligations under the applicable Loan
Documents.

         14. NOTICES. Any notice to be given hereunder by Borrower to Note
Holder or by Note Holder to Borrower shall be given in the manner and to the
respective addresses of the parties provided in the Loan Facility Agreement.

         15. NO OPERATIONAL CONTROL. Nothing in this Note shall be interpreted
to give operational control over Borrower or Newco to Note Holder. Note Holder
agrees that control over Borrower and Newco and any FCC licenses held by
Borrower or Newco will remain with the Borrower and/or Newco and their existing
owners, officers and directors, unless and until Note Holder seeks and obtains
any FCC approvals, as and if applicable, for a transfer of control.

                                                [HITN SPECTRUM, LLC]/[NEWCO]

                                                By:
                                                   -----------------------------
                                                Print Name:
                                                           ---------------------
                                                Title:
                                                      --------------------------

                  NOT TO BE EXECUTED UNDER A POWER OF ATTORNEY

PAGE 5 - EXHIBIT 1.37 - PROMISSORY NOTE

<PAGE>

                                                                    EXHIBIT 1.37

                               ADVANCE NO.________

This Grid is attached to that certain Promissory Note dated _____________, from
[HITN SPECTRUM, LLC]/[NEWCO] to the order or assigns of Clearwire Corporation on
the date of the [ADVANCE/SUBSEQUENT ADVANCE].

Date of [ADVANCE/SUBSEQUENT ADVANCE]:___________________________________________

EBS Opportunity Channel Acquired with Advance: _________________________________
Purchase Price of EBS Opportunity Channel:     $_________________
Due Diligence Expenses:                        $_________________
Closing Costs:                                 $_________________
Acquisition Entity Expense (if applicable):    $_________________
TOTAL ADVANCE:                                                    $_____________

                            [OR]

Expenses                                       $_________________
TOTAL SUBSEQUENT ADVANCES                                         $_____________

--------------------------------------------------------------------------------

<Table>
<Caption>
Date    Initial Advance    Subsequent Advance    Interest Payment    Interest Paid Through    Principal Payment    Principal Balance
----    ---------------    ------------------    ----------------    ---------------------    -----------------    -----------------
<S>     <C>                <C>                   <C>                 <C>                      <C>                  <C>

</Table>

PAGE 6 - EXHIBIT 1.37 - PROMISSORY NOTE

<PAGE>

                                                                    EXHIBIT 1.40

                               SECURITY AGREEMENT

                                                 Dated as of _____________, 20__

         1. [OPTION 1 (TO BE USED IF HOLDCO IS GRANTING SECURITY INTEREST):
BACKGROUND. HITN Spectrum, LLC, a Delaware limited liability company,
("Debtor"), Hispanic Information and Telecommunications Network, Inc., a New
York not-for-profit corporation ("HITN"), and Clearwire Corporation, a Delaware
corporation ("Secured Party") entered into that certain Spectrum Access and Loan
Facility Agreement dated as of April __, 2005 (the "Loan Facility Agreement").
Capitalized terms not otherwise defined herein shall have the meaning given in
the Loan Facility Agreement. Pursuant to the Loan Facility Agreement and the
other Loan Documents, Secured Party has agreed, at its continuing option and in
its sole discretion, to provide financing to Debtor or wholly owned limited
liability company subsidiaries of Debtor to facilitate Debtor's acquisition of
EBS licenses (the "Loan Facility"). Simultaneously herewith, Debtor is entering
into a Promissory Note relating to [IDENTIFY RELEVANT GEOGRAPHIC SERVICE AREA AS
DEFINED BY THE FCC] (the "Market"). It is a material condition precedent to
Secured Party's obligation to make Advances evidenced by a Promissory Note that
Debtor enter into this Security Agreement and grant to Secured Party the
security interests hereinafter provided to secure the obligations of Debtor
described below.]

         1. [OPTION 2 (TO BE USED IF NEWCO IS GRANTING SECURITY INTEREST):
BACKGROUND. HITN Spectrum, LLC, a Delaware limited liability company,
("Holdco"), Hispanic Information and Telecommunications Network, Inc., a New
York not-for-profit corporation ("HITN"), and Clearwire Corporation, a Delaware
corporation ("Secured Party") entered into that certain Spectrum Access and Loan
Facility Agreement dated as of April __, 2005 (the "Loan Facility Agreement").
Capitalized terms not otherwise defined herein shall have the meaning given in
the Loan Facility Agreement. Pursuant to the Loan Facility Agreement and the
other Loan Documents (as such term is defined in the Loan Facility Agreement),
Secured Party has agreed, at its continuing option and in its sole discretion,
to provide financing to Holdco or wholly owned limited liability company
subsidiaries of Holdco to facilitate Holdco's acquisition of EBS licenses (the
"Loan Facility"). It is a material condition precedent to Secured Party's
obligation to make available the Loan Facility to [__________________], a
Delaware limited liability company ("Debtor"), that Debtor enter into this
Security Agreement and grant to Secured Party the security interests hereinafter
provided to secure the obligations of Debtor described below.]

         2. THE SECURITY. Debtor hereby assigns and grants to Secured Party, a
security interest in all personal and fixture property of every kind and nature
of Debtor [FOLLOWING TO BE USED IF HOLDCO IS GRANTING SECURITY INTEREST: located
in or used in connection with the Market], including but not limited to the
following described property now owned or hereafter acquired by Debtor
[FOLLOWING TO BE USED IF HOLDCO IS GRANTING SECURITY INTEREST): that is located
in or used in connection with the Market] (collectively, the "Collateral"):

                  (a) All accounts, contract rights, chattel paper, instruments,
deposit accounts, and general intangibles, including proceeds of the sale of the
Debtor Licenses (defined below)

Page 1 - EXHIBIT 1.40 - SECURITY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.40

and all amounts due to Debtor from a factor; and all returned or repossessed
goods which, on sale or lease, resulted in an account or chattel paper.

                  (b) All equipment and fixtures of every type.

                  (c) All instruments, notes, chattel paper, documents, and
certificates of deposit of every type. The Collateral shall include all liens,
security agreements, leases and other contracts securing or otherwise relating
to the foregoing.

                  (d) All licenses and leases of Debtor, whether now owned or
hereafter acquired, including licenses granted by the FCC authorizing Debtor to
construct and operate Multi-channel Multipoint Distribution Service channels and
lease agreements pursuant to which Debtor holds the rights under certain
licenses granted by the FCC authorizing the construction and operation of
Instructional Television Fixed Service channels (collectively, "Debtor
Licenses"), to the extent that a security interest in such licenses and leases
can now or in the future be legally granted.

                  (e) All general intangibles, including, but not limited to,
(i) all patents, and all unpatented or unpatentable inventions; (ii) all
trademarks, service marks, and trade names; (iii) all copyrights and literary
rights; (iv) all computer software programs; (v) all mask works of semiconductor
chip products; (vi) all trade secrets, proprietary information, customer lists,
manufacturing, engineering and production plans, drawings, specifications,
processes and systems; and (vii) all payment intangibles, including proceeds of
the sale of the Debtor Licenses. The Collateral shall include all good will
connected with or symbolized by any of such general intangibles; all contract
rights, documents, applications, licenses, materials and other matters related
to such general intangibles; all tangible property embodying or incorporating
any such general intangibles; and all chattel paper and instruments relating to
such general intangibles.

                  (f) All negotiable and nonnegotiable documents of title
covering any Collateral.

                  (g) All accessions, attachments and other additions to the
Collateral, and all tools, parts and equipment used in connection with the
Collateral.

                  (h) All substitutes or replacements for any Collateral, all
cash or non-cash proceeds, products, rents and profits of any Collateral, all
income, benefits and property receivable on account of the Collateral, all
rights under warranties and insurance contracts covering the Collateral, and any
causes of action relating to the Collateral and all cash or non-cash proceeds of
the Debtor Licenses hereto even if such licenses are not Collateral themselves.

                  (i) All books and records pertaining to any Collateral,
including but not limited to any computer-readable memory and any computer
hardware or software necessary to process such memory ("Books and Records").

Page 2 - EXHIBIT 1.40 - SECURITY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.40

         3. THE INDEBTEDNESS. The Collateral secures and will secure all
Indebtedness of Debtor to Secured Party. For the purposes of this Security
Agreement, "Indebtedness" means (i) the Loan Facility, including, without
limitation, the payment when due of any and all amounts due or to become due to
Secured Party from Debtor under the Loan Documents, the indebtedness evidenced
by any Promissory Note delivered by Debtor to Secured Party pursuant to the Loan
Documents; (ii) [SUBSECTION II TO BE USED IF HOLDCO IS DEBTOR] the liability of
Debtor arising pursuant to any Guaranty, including, without limitation, the
payment when due of any and all amounts due or to become due to Secured Party
from Debtor under any Guaranty and the payment of any other present or future
indebtedness or obligation of Debtor to Secured Party pursuant to any Guaranty
or any other documents executed by Debtor in connection with any Guaranty; (iii)
all obligations of Debtor under any of the Use Agreements; and (iv) all
obligations of Debtor under this Security Agreement.

         4. DEBTOR'S COVENANTS. Debtor covenants and warrants that unless
compliance is waived by Secured Party in writing:

                  (a) Debtor will properly preserve the Collateral; defend the
Collateral against any adverse claims and demands; and keep accurate Books and
Records; and execute all financing statements necessary or advisable to be filed
to perfect Secured Party's security interest in the Collateral.

                  (b) Debtor has notified Secured Party in writing of, and will
notify Secured Party in writing prior to any change in, the location of (i)
Debtor's place of business or Debtor's chief executive office if Debtor has more
than one place of business, and (ii) any Collateral, including the Books and
Records.

                  (c) Debtor will notify Secured Party in writing prior to any
change in Debtor's name, identity, business structure or state of organization.

                  (d) Debtor has not granted and will not grant any security
interest in any of the Collateral except to Secured Party, and will keep the
Collateral free of all liens, claims, security interests and encumbrances of any
kind or nature except the security interest of Secured Party and leases approved
in writing by Secured Party.

                  (e) Debtor will promptly notify Secured Party in writing of
any event which materially diminishes the value of the Collateral, the ability
of Debtor or Secured Party to dispose of the Collateral, or the rights and
remedies of Secured Party in relation thereto, including, but not limited to,
the levy of any legal process against any Collateral and the adoption of any
arrangement or procedure affecting the Collateral, whether governmental or
otherwise.

                  (f) Debtor shall pay all reasonable costs necessary to
preserve, defend, enforce and collect the Collateral, including but not limited
to taxes, assessments, insurance premiums, repairs, rent, storage costs and
expenses of sales, and any costs to perfect Secured Party's security interest.
Without waiving Debtor's default for failure to make any such

Page 3 - EXHIBIT 1.40 - SECURITY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.40

payment, Secured Party, at its option, may pay any such costs and expenses to
discharge encumbrances on the Collateral.

                  (g) Until Secured Party exercises its rights to make
collection, Debtor will diligently collect all Collateral.

                  (h) If any Collateral is or becomes the subject of any
registration certificate, certificate of deposit or negotiable document of
title, including any warehouse receipt or bill of lading, Debtor shall
immediately deliver such document to Secured Party, together with any necessary
endorsements.

                  (i) Debtor will not sell, lease, agree to sell or lease, or
otherwise dispose of any Collateral of any material value except with the prior
written consent of Secured Party, and except for Third-Party Leases.

                  (j) Debtor will engage in no business other than its current
business and will not issue any securities or incur any indebtedness for
borrowed money.

                  (k) With respect to the Collateral, Debtor shall maintain
insurance in amounts and covering risks as is required by the Loan Facility
Agreement.

         5. ADDITIONAL REQUIREMENTS. Debtor agrees that Secured Party may at its
option at any time, whether or not Debtor is in default:

                  (a) Require Debtor to deliver to Secured Party (i) copies of
or extracts from the Books and Records, and (ii) information on any contracts or
other matters affecting the Collateral.

                  (b) Examine the Collateral, including the Books and Records,
and make copies of or extracts from the Books and Records, and for such purposes
enter at any reasonable time upon the property where any Collateral or any Books
and Records are located.

                  (c) Require Debtor to deliver to Secured Party any instruments
or chattel paper which are part of the Collateral.

                  (d) Following a default hereunder, notify any account debtors,
any buyers of the Collateral, or any other persons of Secured Party's interest
in the Collateral.

         6. DEFAULTS. Any one or more of the following shall be a default
hereunder:

                  (a) The Indebtedness is not paid when due, or any default
occurs under any of the Loan Documents other than this Security Agreement or any
other agreement relating to the Indebtedness.

Page 4 - EXHIBIT 1.40 - SECURITY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.40

                  (b) Debtor breaches its covenant in Section 4(b) and such
breach has a materially adverse impact on Secured Party.

                  (c) Debtor breaches any other term, provision, warranty or
representation under this Security Agreement (except for Section 4(b)), and such
breach continues following five (5) days' written notice from Secured Party, or
under any other obligation of Debtor to Secured Party subject to notice and/or
cure periods provided therein, if any.

                  (d) Any custodian, receiver or trustee is appointed to take
possession, custody or control of all or a substantial portion of the property
of Debtor or of any guarantor or other party obligated under any Indebtedness.

                  (e) Debtor or any guarantor or other party obligated under the
Indebtedness becomes insolvent, or is generally not paying or admits in writing
its inability to pay its debts as they become due, fails in business, makes a
general assignment for the benefit of creditors, dies, or commences any case,
proceeding or other action under any bankruptcy or other law for the relief of,
or relating to, debtors.

                  (f) Any case, proceeding or other action is commenced against
Debtor or any guarantor or other party obligated under any Indebtedness under
any bankruptcy or other law for the relief of, or relating to, debtors which is
not dismissed within sixty (60) days.

                  (g) Any involuntary lien of any kind or character in excess of
$50,000.00 attaches to any Collateral.

                  (h) Any financial statements, certificates, schedules or other
 information now or hereafter furnished by Debtor to Secured Party proves false
 or incorrect in any material respect.

         7. SECURED PARTY'S REMEDIES AFTER DEFAULT. In the event of any default,
Secured Party may do any one or more of the following:

                  (a) Declare any Indebtedness immediately due and payable,
without notice or demand.

                  (b) Enforce the security interest given hereunder pursuant to
the Uniform Commercial Code of Washington and any other applicable law.

                  (c) Require Debtor to segregate all collections and proceeds
of the Collateral so that they are capable of identification and deliver daily
such collections and proceeds to Secured Party in kind.

                  (d) Require Debtor to direct all account debtors to forward
all payments and proceeds of the Collateral to Secured Party.

Page 5 - EXHIBIT 1.40 - SECURITY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.40

                  (e) Require Debtor to assemble the Collateral, including the
Books and Records, and make them available to Secured Party at a place
designated by Secured Party.

                  (f) Upon reasonable notice during normal business hours, enter
upon the property where any Collateral, including any Books and Records, are
located and take possession of such Collateral and such Books and Records, and
use such property (including any buildings and facilities) and any of Debtor's
equipment, if Secured Party deems such use necessary or advisable in order to
take possession of, hold, preserve, process, assemble, prepare for sale or
lease, market for sale or lease, sell or lease, or otherwise dispose of, any
Collateral.

                  (g) Demand and collect any payments on and proceeds of the
Collateral. In connection therewith Debtor irrevocably authorizes Secured Party
to endorse or sign Debtor's name on all checks, drafts, collections, receipts
and other documents, and to take possession of and open the mail addressed to
Debtor and remove therefrom any payments and proceeds of the Collateral.

                  (h) Grant extensions and compromise or settle claims with
respect to the Collateral for less than face value, all without prior notice to
Debtor.

                  (i) Use or transfer any of Debtor's rights and interests in
any Intellectual Property now owned or hereafter acquired by Debtor, if Secured
Party reasonably deems such use or transfer necessary or advisable in order to
take possession of, hold, preserve, process, assemble, prepare for sale or
lease, market for sale or lease, sell or lease, or otherwise dispose of, any
Collateral. Debtor agrees that any such use or transfer shall be without any
additional consideration to Debtor. As used in this paragraph, "Intellectual
Property" includes, but is not limited to, all trade secrets, computer software,
service marks, trademarks, trade names, trade styles, copyrights, patents,
applications for any of the foregoing, customer lists, working drawings,
instructional manuals, and rights in processes for technical manufacturing,
packaging and labeling, in which Debtor has any right or interest, whether by
ownership, license, contract or otherwise.

                  (j) Have a receiver appointed by any court of competent
jurisdiction to take possession of the Collateral. Debtor hereby consents to the
appointment of such a receiver and agrees not to oppose any such appointment.

                  (k) Take such measures as Secured Party may reasonably deem
necessary or advisable to take possession of, hold, preserve, process, assemble,
insure, prepare for sale or lease, market for sale or lease, sell or lease, or
otherwise dispose of, any Collateral, and Debtor hereby irrevocably constitutes
and appoints Secured Party as Debtor's attorney-in-fact to perform all acts and
execute all documents in connection therewith.

Page 6 - EXHIBIT 1.40 - SECURITY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.40

         8. MISCELLANEOUS.

                  (a) Any waiver, express or implied, of any provision hereunder
and any delay or failure by Secured Party to enforce any provision shall not
preclude Secured Party from enforcing any such provision thereafter.

                  (b) Debtor hereby irrevocably authorizes Secured Party at any
time and from time to time to file in any filing office in any Uniform
Commercial Code jurisdiction any initial financing statements and amendments
thereto that (a) indicate the Collateral (i) as all assets of Debtor or words of
similar effect, regardless of whether any particular asset comprised in the
Collateral falls within the scope of Article 9 of the Uniform Commercial Code of
Washington, or such jurisdiction, or (ii) as being of an equal or lesser scope
or with greater detail, and (b) provide any other information required by part 5
of Article 9 of the Uniform Commercial Code of Washington, or such other
jurisdiction, for the sufficiency or filing office acceptance of any financing
statement or amendment, including (i) whether Debtor is an organization, the
type of organization and any organizational identification number issued to
Debtor and, (ii) in the case of a financing statement filed as a fixture filing
or indicating Collateral as as-extracted collateral or timber to be cut, a
sufficient description of real property to which the Collateral relates. Debtor
agrees to furnish any such information to Secured Party promptly upon Secured
Party's request.

                  (c) This Security Agreement shall be governed by and construed
according to the laws of the State of Washington, to the jurisdiction of which
the parties hereto submit.

                  (d) All rights and remedies herein provided are cumulative and
not exclusive of any rights or remedies otherwise provided by law. Any single or
partial exercise of any right or remedy shall not preclude the further exercise
thereof or the exercise of any other right or remedy.

                  (e) All terms not defined herein are used as set forth in the
Uniform Commercial Code of Washington.

                  (f) In the event of any action by Secured Party to enforce
this Security Agreement or to protect the security interest of Secured Party in
the Collateral, or to take possession of, hold, preserve, process, assemble,
insure, prepare for sale or lease, market for sale or lease, sell or lease, or
otherwise dispose of, any Collateral, Debtor agrees to pay immediately the costs
and expenses thereof, together with reasonable attorney's fees and allocated
costs for in-house legal services.

                  (g) Secured Party's rights hereunder shall inure to the
benefit of its successors and permitted assigns. Secured Party may assign this
Security Agreement. All representations, warranties and agreements of Debtor
shall be binding upon the successors and assigns of Debtor.

                  (h) Notwithstanding anything else contained in this Security
Agreement to the contrary, all actions taken by the parties pursuant to this
Security Agreement shall be consistent with the provisions and requirements of
the Communications Act of 1934, as amended by

Page 7 - EXHIBIT 1.40 - SECURITY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.40

Telecommunications Act of 1996, and the rules, regulations and policies
promulgated thereunder.

                  (i) Debtor and Secured Party submit to the jurisdiction of the
state and federal courts located in King County, Washington. Debtor and Secured
Party HEREBY IRREVOCABLY WAIVE ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL
PROCEEDING ARISING OUT OF OR RELATED TO THIS SECURITY AGREEMENT.

[HITN SPECTRUM, LLC/NEWCO]                     Clearwire Corporation

By:                                            By:
   ------------------------------------           ------------------------------
                                                  Benjamin G. Wolff
Title:                                            Executive Vice President
      ---------------------------------

Debtor's chief executive office:

--------------------------------

--------------------------------

Page 8 - EXHIBIT 1.40 - SECURITY AGREEMENT

<PAGE>

                     SPE AND BANKRUPTCY REMOTE REQUIREMENTS.

         Holdco is a Delaware limited liability company formed for the purpose
of entering this Agreement and the Loan Documents and performing its obligations
thereunder. Each Newco will be a Delaware limited liability company formed for
the purpose of entering any Loan Documents necessary to complete an Acquisition
and performing its obligations thereunder Holdco is, and each Newco when formed
will be, and will continue to be in good standing under the laws of the State of
Delaware. Holdco and each Newco will become qualified to do business in each
state where an EBS Opportunity Channel is located on or before any Acquisition.
Holdco is a wholly owned subsidiary of HITN; each Newco will be a wholly owned
subsidiary of Holdco.

         Holdco has observed, and each Newco when formed will have observed, and
will continue to observe all material procedures and formalities relating to its
separateness required by its organization documents (as approved by Clearwire)
and by its operating agreement (as approved by Clearwire) ("SPE Operating
Agreement") and by the laws of the states where the EBS Opportunity Channels are
located.

         The business and purposes of Holdco are, and of each Newco when formed
will be, and will continue to be limited to the following:

                  (i) to acquire, own, hold, lease, operate, manage, maintain,
develop and improve the EBS Opportunity Channels which have been acquired by it
pursuant to an Acquisition;

                  (ii) to enter into and perform its obligations under the Loan
Documents;

                  (iii) to sell, transfer, service, convey, dispose of, pledge,
assign, borrow money against, finance or otherwise deal with the EBS Opportunity
Channels which have been acquired by it pursuant to an Acquisition to the extent
permitted under the Loan Documents;

                  (iv) to lease the EBS Opportunity Channels which have been
acquired by it pursuant to an Acquisition to Clearwire pursuant to Use
Agreements; and

                  (v) to engage in any lawful act or activity and to exercise
any powers permitted to limited liability companies organized under the laws of
the state of Delaware that are related or incidental to and necessary,
convenient or advisable for the accomplishment of the above-mentioned purposes.

         Holdco and each Newco shall do (or cause to be done) all things
necessary in order to preserve its existence. Holdco and each Newco shall do (or
cause to be done), or not do, as appropriate, all of the following:

PAGE 1 - EXHIBIT 1.41 - SPE AND BANKRUPTCY REMOTE REQUIREMENTS

<PAGE>

                                                                    EXHIBIT 1.41

                  (i) not own any asset or property other than (x) direct
ownership interests of the EBS Opportunity Channels which have been acquired by
it pursuant to an Acquisition, (y) incidental personal property necessary for
the ownership or operation of its EBS Opportunity Channels which have been
acquired by it pursuant to an Acquisition, and, in the case of Holdco, 100% of
the ownership interests of each Newco;

                  (ii) not enter into any contract or agreement with any
affiliate of HITN, any constituent party of HITN, Holdco or any Newco, any
guarantor or indemnitor under any of the Loan Documents (a "Guarantor") or any
affiliate of any such constituent party or Guarantor, except upon terms and
conditions that are intrinsically fair and substantially similar to those that
would be available on an arm's-length basis with third parties other than any
such party and only as required in connection with (i)(x) and (i)(y) above;

                  (iii) maintain its intention to remain solvent and pay its
debts and liabilities (including, as applicable, shared personnel and overhead
expenses) from its assets, to the extent of its assets, as the same shall become
due;

                  (iv) do or cause to be done all things necessary to observe
its organizational formalities and preserve its existence, and not terminate or
fail to comply to the extent material to the opinions rendered herein with any
of the single purpose entity provisions to be included in its SPE Operating
Agreement;

                  (v) maintain all of its books, records, financial statements
and bank accounts separate from those of its affiliates and any other person or
entity; provided, however, that Holdco's and each Newco's financial position,
assets, results of operations and cash flows may be included in a consolidated
financial statement of an affiliate in accordance with GAAP, so long as any such
consolidated financial statement contains a note indicating that Holdco and its
affiliate and Newco and its affiliate are separate legal entities;

                  (vi) hold itself out to the public as a legal entity separate
and distinct from any other entity (including any affiliate of Holdco, Newco,
any Guarantor or any constituent party of Holdco or Newco), correct any known
misunderstanding regarding its status as a separate entity, conduct business in
its own name, and not identify itself or any of its affiliates as a division or
part of the other;

                  (vii) to the extent of cash flow available from operations,
intend to maintain adequate capital for the normal obligations reasonably
foreseeable in a business of its size and character and in light of its
contemplated business operations;

                  (viii) not commingle the funds and other assets with those of
any affiliate or constituent party, any Guarantor or any other person;

                  (ix) maintain its assets in such a manner that it will not be
costly or difficult to segregate, ascertain or identify its individual assets
from those of any affiliate or constituent party, any Guarantor or any other
person or entity;

PAGE 2 - EXHIBIT 1.41 - SPE AND BANKRUPTCY REMOTE REQUIREMENTS

<PAGE>

                                                                    EXHIBIT 1.41

                  (x) not permit any affiliate or constituent party independent
access to its bank accounts, except in connection with EBS Opportunity Channels
which have been acquired by it pursuant to an Acquisition or cash management
activities consented to by Clearwire;

                  (xi) pay the salaries of its own employees;

                  (xii) compensate each of its consultants and agents;

                  (xiii) maintain an arm's-length relationship with its
affiliates;

                  (xiv) allocate fairly and reasonably shared expenses,
including shared office space;

                  (xv) not pledge any of its assets for the benefit of any other
person or entity;

                  (xvi) have no obligation to indemnify its officers, directors,
members, springing members or preferred members, as the case may be, except to
the extent that such obligation is fully subordinated to the Loan Facility and
the Use Agreements and will not constitute a claim against it if cash flow (as
distinct from funds from other sources, such as insurance) in excess of the
amount required to pay the Loan Facility is insufficient to pay such obligation;

                  (xvii) maintain records, books of account and bank accounts
separate and apart from any other person or entity; and file its own tax
returns, if any, as may be required under applicable law, and maintain its
books, records, resolutions and agreements as official records; and

                  (xviii) not make any loans or advances to any third party
(including any affiliate or constituent party, any Guarantor or any affiliate of
any such constituent party or Guarantor), and not acquire obligations or
securities of its affiliates.

         So long as any obligation under any Loan Document or Use Agreement is
outstanding, Holdco and each Newco shall not do (or cause to be done) any of the
following without the consent of Clearwire which may be granted or withheld in
Clearwire's sole and absolute discretion:

                  (i) except as may be contemplated by the Loan Documents,
assume, guarantee, become obligated for, or hold itself out to be responsible
for the debts or obligations of any other person or entity or the decisions or
actions respecting the daily business or affairs of any other person;

                  (ii) engage, directly or indirectly, in any business other
than the actions required or permitted to be performed under Holdco's and each
Newco's respective organization documents, Holdco's and each Newco's respective
operating agreement (in their forms at the time of approval by Clearwire) and
the Loan Documents;

PAGE 3 - EXHIBIT 1.41 - SPE AND BANKRUPTCY REMOTE REQUIREMENTS

<PAGE>

                                                                    EXHIBIT 1.41

                  (iii) incur, create or assume any indebtedness other than the
Loan Facility (in the case of Holdco) or as expressly permitted under the terms
of the Loan Documents, which may include obligations under the License and
existing Leases;

                  (iv) make or permit to remain outstanding any loan or advance
to, or own or acquire any stock or securities of, any person or entity, except
that Holdco and each Newco may invest in those investments permitted under the
Loan Documents and may make any advance required or expressly permitted to be
made pursuant to any provisions of the Loan Documents and permit the same to
remain outstanding in accordance with such provisions;

                  (v) form, acquire or hold any subsidiary (whether corporate,
partnership, limited liability company or other) except that Holdco may form
each Newco as a subsidiary; or

                  (vi) to the fullest extent permitted by law, engage in any
dissolution, liquidation, consolidation, merger or (except in accordance with
the Loan Documents) sale of all or substantially all of its assets.

PAGE 4 - EXHIBIT 1.41 - SPE AND BANKRUPTCY REMOTE REQUIREMENTS

<PAGE>
                             EBS EXCESS CAPACITY USE
                             AND ROYALTY AGREEMENT

               THIS EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT
("Agreement"), is entered into this _____day of __________________, 20___, by
and between ____________, a New York not-for-profit corporation with its
principal offices at 449 Broadway, Third Floor, New York, NY 10013 ("Licensee"),
and Fixed Wireless Holdings, LLC, a Delaware limited liability company with its
principal offices at 10210 N.E. Points Dr., Suite 210, Kirkland, WA 98033,
together with its affiliates ("Operator"). Licensee and Operator shall be
referred to collectively herein as the "parties," and individually as a "party."
This Agreement shall be binding upon the parties as of the date of execution,
and those rights, duties and responsibilities that can be performed by the
parties prior to FCC consent to the FCC Long Term Lease Application (as
hereinafter defined) and prior to the effectiveness of the new Part 27 rules for
EBS and BRS shall be performed.

                                    RECITALS

         WHEREAS, Licensee has entered into a purchase agreement of even date
herewith (the "Purchase Agreement") to purchase the license ("License") issued
by the Federal Communications Commission ("FCC") to operate Educational
Broadcast Service ("EBS") Station [_______________] (the "Station") on Channels
[___________] in the [__________(city, state)] market area (the "Market") and
may be granted associated or transitioned spectrum and guardband (each a
"Channel" and, collectively, the "Channels");

         WHEREAS, upon the acquisition of such License, Licensee wishes to lease
all excess capacity to Operator pursuant to the terms of this Agreement;

         WHEREAS, Operator is in the business of operating, aggregating and/or
managing EBS spectrum and Broadband Radio Service spectrum ("BRS"), both as
defined by Part 27 of the FCC Rules (as hereinafter defined), together with
other spectrum which Operator uses for the distribution of Advanced Wireless
Services in the Market. For purposes of this Agreement, "Advanced Wireless
Services" shall be defined as digital, two-way, fixed, temporary-fixed, mobile
or portable Internet access, data, video, voice, or telephone services that are
deployed using cellular architectures, web architectures, or any other uses,
technologies or architectures Operator may choose or the FCC may now or
hereafter permit for EBS and BRS spectrum. All Advanced Wireless Services
provided by Operator over the Channels shall comply with the rules, regulations,
and policies of the FCC (as such rules may be modified from time to time, the
"FCC Rules"); and

          WHEREAS, Licensee is willing to permit Operator to use its Excess
 Capacity (as hereinafter defined) on the Channels pursuant to the terms and
 conditions of this Agreement, and Operator desires to use such capacity,
 together with any other spectrum Operator may lease or license in the Market,
 to provide Advanced Wireless Services (the "Wireless System").

          In consideration of the mutual promises set forth below, the parties
agree as follows:

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

                              TERMS AND CONDITIONS

         1. TERM.

                  (a) INITIAL TERM. The initial term shall begin on the date the
Commission approves the FCC Long Term Lease Application (as hereinafter defined)
filed by the parties with respect to this Agreement pursuant to Section 8(a)
hereof, and shall continue until expiration of the License term (the "Initial
Term"); provided, however, that in the event of a reconsideration of the grant
of the FCC Long Term Lease Application, as discussed in Section 8(a) hereof, the
commencement of the Initial Term may be delayed at Operator's option.

                  (b) RENEWAL TERMS. Subject to the termination rights contained
in Section 12 upon the expiration of the Initial Term and each Renewal Term,
this Agreement shall extend to the end of the next License term (each such
extension a "Renewal Term") conditioned only upon: (1) the parties' appropriate
and timely application to the FCC for approval of the renewal of this Agreement,
which application shall be filed with the FCC at least twenty-one (21) days
prior to the expiration of the Initial Term (or the then-current Renewal Term),
and the FCC's grant thereof; and (2) the FCC's renewal of the License. It is
expressly understood that the Initial Term and any Renewal Term shall
automatically extend during the pendency of the FCC's consideration of any
application for consent to renew the License or this Agreement. The Initial Term
along with any and all Renewal Terms shall be collectively referred to herein as
the "Term." The terms and conditions of the Agreement for each Renewal Term
shall be identical to the terms and conditions of the Initial Term, except as
otherwise set forth herein or as otherwise agreed upon by the parties in
writing. Licensee shall be under no obligation to renew or extend this Agreement
beyond the Term; provided, however, that if Operator gives notice to Licensee
between six (6) and twelve (12) months prior to expiration of the Term that it
desires to renew or extend this Agreement, then Licensee shall negotiate with
Operator, exclusively and in good faith, for renewal or extension of this
Agreement until expiration of the Term.

                  (c) EXCLUSIVITY; RIGHT OF FIRST REFUSAL.

                           (1) Licensee agrees that it shall not, during the
         Term, or any extensions thereof, negotiate or discuss with any third
         party the use, lease, sale, transfer or assignment of the Channels, or
         any part thereof, or any option therefore, whether such use, lease,
         sale, transfer, option or assignment is to take place during the Term
         or thereafter, subject to Licensee's right to assign the Channels or
         part thereof to a qualified EBS eligible under the circumstances
         described in Section 20(c) hereof. Licensee shall notify Operator of
         any communications it receives, whether written or verbal, from third
         parties during the Term regarding any proposed use, lease, sale,
         transfer, option or assignment of the Channels, or any part thereof,
         either during the Term or thereafter.

                           (2) For a period of five (5) years following
         expiration of the Term or early termination of the Agreement pursuant
         to Section 12 (the "ROFR Period"), Operator shall have a right of first
         refusal, assignable at Operator's option, with respect to any and all
         offers, of any kind, received by Licensee to acquire the License (if
         the FCC's Rules regarding eligibility allow it), lease or otherwise use
         any of the capacity on the Channels (or any part thereof) in any other
         manner, or to acquire an option to acquire,

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

         lease or otherwise use any of the capacity on the Channels (or any part
         thereof) as follows: Upon the receipt by Licensee of any bona fide
         offer (an "Offer") which Licensee desires to accept and Licensee is
         legally and contractually able to accept, Licensee shall transmit a
         notice of the Offer to Operator (the "Offer Notice"). The Offer Notice
         shall: (i) contain the name and address of the offering party, the
         payment structure therefor and a summary of all material terms of such
         Offer; and, (ii) offer to Operator the option of entering into an
         agreement with Licensee upon the same terms and conditions as those set
         forth in the Offer Notice. Operator shall have thirty (30) days
         following receipt of the Offer Notice to accept the terms thereof in
         writing. If Operator accepts, Operator and Licensee shall enter into an
         agreement which generally comports with the terms and conditions set
         forth in the Offer Notice. If, Operator does not timely accept the
         terms of the Offer Notice, its rights thereto shall terminate and
         Licensee may, for a period of sixty (60) days after expiration of
         Operator's thirty (30) day consideration period, enter into an
         agreement with the original offering party on the same terms and
         conditions as were offered to Operator. If, after such sixty (60) day
         period, Licensee does not enter into such an agreement with the
         original offering party, if any of the material terms of the offer or
         agreement change, or with respect to a purchase or option agreement, if
         such agreement expires or is otherwise terminated without closing prior
         to the end of the ROFR Period, Operator's right of first refusal shall
         be reinstated for the remainder of ROFR Period. If the Offer Notice
         provides that any consideration is to be in a form other than cash,
         Operator shall provide comparable non-cash consideration if Operator is
         able to provide or procure comparable non-cash consideration using
         commercially reasonable efforts, otherwise, Operator may substitute a
         cash equivalent to the fair market value of the offered non-cash
         consideration. If Licensee disputes that the substitute cash
         consideration specified by Operator is in an amount fairly equivalent
         to the fair market value of the non-cash consideration offered by the
         original offering party, Licensee must, within fifteen (15) days after
         receipt of Operator's acceptance, provide Operator with written notice
         specifying the amount it considers to be fairly equivalent to the fair
         market value of the non-cash consideration payable by the original
         offering party (the "Counter-Offer"). The question of the fair market
         value of the non-cash consideration will be referred to the arbitration
         pursuant to Section 28 hereof unless Operator gives Licensee written
         notice within fifteen (15) days after its receipt of the Counter-Offer
         that it agrees to enter into an agreement containing the fair market
         value set forth in the Counter-Offer. Nothing in this Section l(c)
         shall prohibit Operator from exercising its option to purchase the
         License at any time in accordance with Section 21(a).

         2. WIRELESS SERVICES; ADVANCED WIRELESS SERVICES; TRANSITION.

                  (a) WIRELESS SERVICES; ADVANCED WIRELESS SERVICES.

                           (1) The parties acknowledge and agree that, as of the
         date of this Agreement, Operator intends to offer Advanced Wireless
         Services over the Wireless System in the Market, both before and/or
         after a Transition (as hereinafter defined), and not Wireless Services.
         For purposes of this Agreement, "Wireless Services" shall be defined as
         analog or digital video service, or one-way digital Internet access
         service. Operator has no intention of continuing operation of any
         Wireless Services that may be

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

         active in the Market as of execution of this Agreement, and the parties
         agree that Operator may (but shall not be required to) discontinue such
         Wireless Services, subject only to compliance with FCC Rules. Unless
         the parties otherwise agree, Licensee's educational Wireless Services
         on the Channels shall also be discontinued after commencement of the
         Initial Term in favor of implementation of Advanced Wireless Services
         (whether before or after a Transition, at Operator's choosing), subject
         only to compliance with FCC Rules. The parties agree that
         discontinuance of Wireless Services shall not be considered a default
         by Operator hereunder, provided such discontinuance is in conformance
         with FCC Rules and does not result in a Loss (as hereinafter defined).

                           (2) It shall be the duty of the Operator to bear all
         costs associated with dismantling the Wireless Services Transmission
         Facilities (as hereinafter defined) for the Channels. For purposes of
         this Agreement, "Wireless Services Transmission Facilities" shall be
         defined to include, but shall not be limited to, the Tower,
         transmitter(s), combiner, transmission line, EBS antenna, STL antenna,
         receiver and related equipment and hardware (if any), as well as the
         STL antenna and transmitter located at Licensee's control center (if
         any), and any modifications, additions, or replacements to the
         foregoing. Operator shall be solely responsible for dismantling and
         disposing of all equipment associated with Wireless Services that are
         located at any of Licensee's authorized receive sites.

                           (3) Operator will use commercially reasonable efforts
         to construct facilities for Advanced Wireless Services (such
         facilities, and any modifications and additions thereto, referred to as
         "Advanced Wireless Services Transmission Facilities") in accordance
         with applicable FCC Rules at Operator's sole cost and expense before
         renewal of the License in order to achieve whatever "substantial
         service" or performance or build-out benchmarks the FCC may adopt as a
         condition of renewing EBS licenses. While the legal responsibility for
         meeting any performance or build-out requirements applicable under the
         License remains the responsibility of Licensee and is not delegable to
         Operator, Licensee may attribute to itself the build-out or performance
         activities of Operator for purposes of complying with any substantial
         service, build-out or performance requirements applicable to the
         License.

                  (b) TRANSITION. The FCC expects that most EBS and BRS
licensees will transition their spectrum to a new spectrum plan pursuant to
Sections 27.1230 through 27.1235 of the FCC's Rules within three (3) years of
the effective date of such FCC Rules (the "Transition"). Licensee and Operator
agree that, for any Transition involving the Channels, Operator will be the
Proponent or Co-Proponent of the Transition or will determine, based on the
specific circumstances of each market that it will not be the Proponent and that
it will cooperate with a third party which has decided to be the Proponent, and
that Licensee shall not seek, under any circumstance, to be a Proponent or
Co-Proponent of such Transition. Notwithstanding the foregoing, Licensee agrees
that it will cooperate with all activities undertaken by Operator as part of a
Transition to the new spectrum plan. The parties specifically agree that the
Transition plan for the License shall specify use of Time Division Duplexing
("TDD") technology for spectrum in the Lower Band Segment and the Upper Band
Segment (and, if possible, the Middle Band Segment), or whatever other
technology Operator may choose. Licensee agrees, at Operator's option and
Operator's expense, to cooperate fully with Operator to take such actions

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

as are reasonably necessary and appropriate in order to Transition the spectrum
and implement Advanced Wireless Services over some or all of the Channels, as
Operator may designate, including filing any FCC notifications or applications
which may be necessary.

         3. USE OF EXCESS CAPACITY AIRTIME. The term "Airtime" as used in this
Agreement means all the capacity on the Channels, including all of Licensee's
capacity in the Lower Band Segment, Middle Band Segment, and Upper Band Segment,
all subcarriers, subchannels, blanking intervals, second audio carriers,
guardband and any other spectrum, capacity, rights or transmission medium
associated with the Channels, as the same exists today and as may be granted to
Licensee by the FCC during the Term. To the extent allowed by FCC Rules, and any
amendments thereof, Licensee hereby leases to Operator the exclusive use of all
Excess Capacity on the Channels. The term "Excess Capacity" means all Airtime on
the Channels apart from Licensee's Primary & Ready Recapture Airtime (defined
below). Operator shall be entitled to use the Excess Capacity for any purpose
allowed by the FCC. Licensee covenants and agrees that at all times during the
Term Operator may peaceably and quietly enjoy the Excess Capacity, subject only
to the terms and conditions of this Agreement. In furtherance of the foregoing,
Licensee shall not take or fail to take any action which may have a material
adverse effect on Operator's right to possession and peaceable enjoyment of the
Excess Capacity. If, pursuant to changes in FCC Rules, the parties have
additional flexibility in implementing Operator's use of Excess Capacity, then
Licensee and Operator agree to implement such flexibility and, if necessary, to
negotiate revisions to this Agreement which will be mutually beneficial to both
Parties and which will maximize the availability of Airtime on the Channels for
Operator's use.

         4. LICENSEE'S PRIMARY & READY RECAPTURE AIRTIME.

                  (a) DEFINED. The term "Licensee's Primary & Ready Recapture
Airtime" shall describe the Airtime that is required to be set aside for
Licensee's use pursuant to FCC rules, as the same may change from time to time.
Consistent with FCC Rules, and as designated by Operator from time to time,
Licensee's Primary & Ready Recapture Airtime may be shifted or loaded on any
Channel, or portion thereof, that is part of Operator's Wireless System. For
purposes of this Agreement, the terms "Licensee's Primary and Ready Recapture
Airtime" and "Advanced Wireless Services Reserved Capacity" shall be used
interchangeably.

                  (b) ADVANCED WIRELESS SERVICES RESERVED CAPACITY. So long as
the FCC requires EBS licensees to observe a minimum educational programming
requirement, Licensee's Primary & Ready Recapture Airtime shall be the minimum
Airtime required to meet the obligations of an EBS licensee under the FCC's
rules and regulations, but shall not be less than 5% of the digital capacity on
the Channels. If the requirement is a percentage of the digital capacity on the
Channels, such percentage shall be measured by determining the product of (x)
the ratio of the total amount of spectrum (in MHz) assigned to Licensee's
Channel(s) utilized by Operator to provide Advanced Wireless Services divided by
the total amount of spectrum (in MHz) assigned to all BRS and EBS channels
utilized by Operator to provide Advanced Wireless Services in the Market and (y)
the aggregate throughput capacity of Operator's Wireless System radio
transmission and reception equipment operating on all BRS and EBS Channels
utilized in the Wireless System in the Market (including those that are
utilized at more than one location due to frequency re-use) at the time of
determination. For example, and for purposes of illustration only, if Operator
utilizes eight (8) EBS and/or BRS channels on its Wireless System

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

in the Market, four (4) of which are Licensee Channels, the FCC requirements
provide for five percent (5%) of the digital capacity to be reserved for
Licensee, and the aggregate system capacity of Operator's Wireless System is 500
mbps, Advanced Wireless Services Reserved Capacity would be 12.5 mbps (4/8 x 500
mbps x 5% = 12.5 mbps). Licensee recognizes that Operator has an interest in
limiting the Advanced Wireless Services Reserved Capacity to the minimum
required by the FCC in order to preserve capacity for Operator's services.
Accordingly, Operator, at its expense, may use available technical and other
means to restrict any usage in excess of five percent (5%) of the digital
capacity on the Channels. In the event the FCC eliminates the minimum
educational usage requirements at any time during the Term of this Lease, then
Operator will continue to make available up to five percent (5%) of the digital
capacity on the Channels; provided, however, that Operator may, in its
discretion, charge Licensee Operator's standard wholesale rates offered to
similarly situated, unaffiliated third parties in such Market purchasing a
similar quantity and type of wireless communications services with respect to
such Airtime and the delivery of any services related thereto; provided further,
that such Airtime be used by Licensee and its Permitted End Users for purposes
related to their non-profit mission as provided in Section 4(c). Notwithstanding
the foregoing, if, at any time after (i) Operator has deployed Advanced Wireless
Services on the Channels and (ii) the FCC eliminates the educational usage
requirements, then if there are not at least (6) Permitted End Users using the
Advanced Wireless Services on the system continuously during any six (6) month
period, then Licensee shall relinquish Licensee's Primary & Ready Recapture Time
and make such capacity available to Operator for the remainder of the Term as
Excess Capacity.

                  (c) USE. Licensee and its Permitted End Users shall use
Licensee's Primary & Ready Recapture Airtime for purposes related to their
non-commercial, non-profit missions only. Licensee agrees that by its own
action, or through a third party, it will not utilize any part of the Channels
to create or operate any service that is in competition with the current,
planned or future commercial services provided by Operator's System. It is the
mutual understanding of the parties that the purpose of Licensee's use of
Licensee's Primary and Ready Recapture Airtime is and shall be non-profit.
Licensee shall not, directly or indirectly, acting alone, through an affiliate,
or as a member of a partnership or other business entity offer, using all or any
part of the channels on a system separate from Operator's system, provide or
deliver a competing service to Operator's System, or lease or license any part
of the Channels to a third party that offers, provides or delivers a competing
service to Operator's System.

                  (d) USE OF MIDDLE BAND SEGMENT CHANNEL. Consistent with FCC
Rules regarding channel loading, the parties agree that after the Channels are
subject to a Transition, and the FCC grants Licensee a Channel in the Middle
Band Segment (the "Middle Band Segment Channel"), Operator may choose, at its
option, to load all of Licensee's Primary and Ready Recapture Airtime onto the
Middle Band Segment Channel, with any remaining Excess Capacity Airtime on such
Channel to be leased to Operator. Licensee agrees, at Operator's option, that
the Middle Band Segment Channel may be used for low power Advanced Wireless
Services, provided such use is permitted under FCC rules and provided such use
does not result in interference to Licensee's Middle Band Segment Channel, or
interference to other channels in the Middle Band Segment. If Licensee uses
substantially all of the Airtime on the Middle Band Segment Channel for
Licensee's Primary and Ready Recapture Airtime, or if Licensee's use of the
Middle Band Segment Channel is incompatible with the technology deployed by
Operator in the remainder of the Wireless System, Operator may, at its sole
option and discretion, provide

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

notice to Licensee that it will not use the Excess Capacity on such Channel.
Upon the giving of such notice, and until further notice by Operator, the entire
Middle Band Segment Channel shall be reserved for Licensee's educational use
("Contingent Reserved Capacity") subject to all terms and conditions of this
Agreement. Upon Licensee's receipt of such notice, (i) Operator shall have no
further rights and obligations with respect to the Contingent Reserved Capacity,
and (ii) Licensee shall be solely responsible for all costs and expenses
associated therewith, including but not limited to tower site lease fees;
provided that, if any facilities associated with the Contingent Reserved
Capacity are shared with Operator's Wireless System, such costs and expenses
shall be shared equally between the parties.

                  (e) SPECTRUM CHANGES. Prior to taking any voluntary action
pursuant to which Licensee may convert, swap, exchange, relinquish or in any way
transfer, its License or the Channels for the same, similar or different
spectrum, licenses, channels and/or other consideration, in the same or
different market areas (the "FCC Rights"), Licensee will obtain Operator's
written consent to such action, which may be withheld in Operator's discretion.
Subject to reservation of certain channel capacity by Licensee in accordance
with FCC Rules, all such FCC Rights will inure solely to the benefit, and be
exclusively available for use by, Operator during the Term. This Agreement will
be automatically amended to cover the FCC Rights. Unless otherwise prohibited by
the FCC, Licensee will not take any action with regard to the License or the
Channels other than in accordance with this Agreement or as is otherwise
consented to by Operator in writing.

                  (f) CHANNEL SWAPPING; COSTS. With the consent of Licensee,
which consent will not be unreasonably withheld, conditioned, or delayed,
Operator may require Licensee to enter into agreements to swap some or all of
its Channels for other channels in the Market (the "Swapped Channels"), and in
connection therewith file any necessary FCC applications to accomplish the swap,
so long as there is no material difference in the geographic service area (or
equivalent service area) ("GSA") of the Swapped Channels as compared to
Licensee's previous Channels, taking into account any overlap(s) of GSAs of such
Channels and Swapped Channels with co-channel GSAs in other markets. Operator
agrees to bear all costs and expenses associated with the implementation of
channel swapping, channel loading (as discussed in Sections 4(a) and 4(d)
hereof), and channel shifting (as discussed in Section 4(a) hereof), including
the reasonable out-of-pocket costs of Licensee's engineering consultants and
attorneys.

         5. ADVANCED WIRELESS TRANSMISSION FACILITIES, PURCHASE OPTIONS,
INSTALLATION OF ADVANCED WIRELESS SERVICES.

                  (a) OWNERSHIP AND LEASE. The parties acknowledge and agree
that the Advanced Wireless Transmission Facilities utilizing the Channels, and
any modifications, additions thereto or replacements thereof supplied by
Operator, shall be owned by Operator.

                  (b) TOWER. Operator shall, in its own name, and at its sole
cost and expense, arrange for the right to use any tower facilities required in
connection with the operation of Advanced Services Transmission Facilities;
Licensee shall have no independent rights to use the tower facilities, except
through Operator and pursuant to this Agreement.

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

                  (c) DEDICATED EQUIPMENT PURCHASE OPTION. In the event this
Agreement expires or is terminated for any reason other than a default by
Licensee, Licensee shall have the option, upon giving notice to Operator within
thirty (30) days of such expiration or termination, to purchase or to lease at
Operator's option that portion of the Advanced Wireless Transmission Facilities
(not including any tower rights) then in operation that is dedicated solely to
transmission of Licensee's Primary and Ready Recapture Airtime on the Channels
(the "Dedicated Equipment"), or comparable equipment. The price for such
equipment shall be equal to the fair market value of the Dedicated Equipment at
the time of Licensee's notice or, if comparable equipment is provided,
Operator's cost in obtaining such equipment. If the parties do not agree on the
fair market value of the Dedicated Equipment or comparable equipment within
thirty (30) days of Licensee's exercise of its option, the fair market value
shall be determined by arbitration pursuant to Section 28 hereof.

                  (d) SHARED EQUIPMENT PURCHASE OR LEASE OPTION. In the event
this Agreement expires or is terminated for any reason other than a default by
Licensee, Licensee shall have the option upon giving notice to Operator within
thirty (30) days of such expiration or termination to purchase or lease at
Operator's option any equipment owned by Operator and used in connection with
the transmission of Licensee's Primary and Ready Recapture Airtime on the
Channels that is not Dedicated Equipment, or comparable equipment (not including
any tower rights) (the "Shared Equipment"), at a price equal to the Shared
Equipment's fair market value for such purchase or lease as applicable. If the
parties do not agree on the fair market value of the Shared Equipment within
thirty (30) days of Licensee's exercise of its option, the fair market value
shall be determined by arbitration pursuant to Section 28 hereof.

                  (e) OPERATION, MAINTENANCE AND REPAIR OF ADVANCED WIRELESS
TRANSMISSION FACILITIES. Except with respect to facilities operated pursuant to
Contingent Reserved Capacity, Operator shall at its own expense manage, operate,
maintain and repair the Advanced Wireless Transmission Facilities, in accordance
with all applicable requirements of the FCC and good engineering standards and
practices

                  (f) ADVANCED WIRELESS SERVICES FOR PERMITTED END USERS. After
activation of Advanced Wireless Services on the Channels in the Market, Licensee
may request at no cost to Licensee, via submission of an Order Form, Standard
Advanced Services Installation of Advanced Wireless Services for up to
twenty-five (25) Permitted End Users that are located within Operator's
then-serviceable area of the GSA for the Channels. In addition, Licensee may
request in writing to Operator a request to purchase Standard Advanced Services
Installation for) Permitted End Users in excess of the original twenty-five (25)
during the Term of this Agreement, which request shall not be made more than one
time during any calendar year. Upon receipt of such request Operator shall
determine, based on Operator's then current calculation (which may either be
based on a national average of all of Clearwire's then operating markets or with
respect to the Market, as Clearwire determines in its sole discretion) the
number of Standard Advanced Services Installation of Advance Wireless Services
which would utilize Licensee's Advanced Wireless Services Reserved Capacity at
the tier(s) of service then utilized by Licensee (the "Base Number"). If the
Base Number is more than the greater of (i) 25 or (ii) the number of Standard
Advanced Services Installations previously requested by Licensee, including
without limitation the original 25, Operator shall sell to Licensee additional
Standard Advanced Services

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

Installations of Advanced Wireless Services up to the Base Number. Operator
shall approve Licensee's Order Form in its reasonable discretion, taking into
consideration relevant technical, operational and legal factors. The cost of the
Standard Advanced Services Installation of Advanced Wireless Services, in excess
of the original 25, shall be equal to Operator (or its affiliate's) standard
wholesale rates offered for such equipment to similarly situated, unaffiliated
third parties in such Market purchasing a similar quantity and type of equal or,
if no such wholesale rates are then available in the Market, then Operator's
out-of-pocket fully loaded, costs of supplying the necessary equipment and
installation. Licensee may request Advanced Wireless Services for Permitted End
Users for any tiers of service (with respect to throughput) that Operator makes
available to commercial customers utilizing EBS or BRS capacity in the Market;
provided, however, that the number of Permitted End Users shall at all times be
limited by the Advanced Wireless Services Reserved Capacity set forth in Section
4(b) hereof, which may not be exceeded when the ordered throughput or capacity
for all Permitted End Users in the Market are aggregated. Licensee shall comply
with all laws and obtain any necessary governmental permits or approvals, and
third party approvals, which are necessary in order for Operator to undertake a
Standard Advanced Services Installation.

                           (1) Definitions. "Order Form" has the meaning set
         forth in the terms of service referenced in Section 5(f)(2) below.
         "Standard Advanced Services Installation" means the customer premises
         equipment package made generally available to Operator's retail
         customers in the Market, at the time Operator receives Licensee's Order
         Form, who subscribe to the same tier of service over BRS or EBS
         capacity. "Permitted End Users" means Licensee itself and any
         educational institution or not-for-profit organization or site in the
         Market with whom Licensee is working in furtherance of its educational
         goals, which will include at least one (1) local accredited educational
         institution as defined by the FCC.

                           (2) Terms of Use. Licensee's ordering and use of
         Advanced Wireless Services, and the use of such services by Licensee's
         users and Permitted End Users, shall be governed by the acceptable use
         policy and terms of service, and such other policies of general
         applicability which apply to the Advanced Wireless Services, which are
         subject to amendment and may be found at http://www.clearwire.com or
         such other URL as may be designated; provided, however, that financial
         terms contained in the terms of service shall not apply to Advanced
         Wireless Services to Licensee or Permitted End Users that are provided
         free of charge pursuant to this Section 5. In addition to the foregoing
         policies, Operator may specify from time to time, in its sole
         discretion, reasonable procedures for the activation, addition,
         deletion or substitution of services to Licensee, its users and
         Permitted End Users. With respect to the use of Advanced Wireless
         Services by Licensee, its users and its Permitted End Users, Clearwire
         Corporation is an intended third party beneficiary of this Agreement.

                           (3) Equipment and Software. For Licensee and any
         Permitted End Users for whom Operator has provided a Standard Advanced
         Services Installation, Operator shall make available any equipment,
         services or software upgrades that Operator makes generally available
         to Operator's retail customers subscribing to the same tier of service
         in the Market over BRS or EBS facilities. In the event that any
         equipment upgrade involves replacement of equipment, the replaced
         equipment shall be

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

         returned to Operator or its designee and title to the replacement
         equipment shall transfer to Licensee or its designee.

                           (4) Title. All equipment provided by Operator to
         Licensee as part of Standard Advanced Services Installations for
         Permitted End Users shall be the property of Licensee or its
         designee(s), free and clear of all liens and encumbrances, when paid in
         full (if any payment is required). Licensee shall own, and be solely
         responsible for the maintenance and operation of, all facilities
         installed at Licensee's locations and receive sites, including the
         sites of its Permitted End Users.

                  (g) ADDITIONAL EXPENSES. Licensee and its Permitted End Users
shall be responsible for the payment of any telecommunications or similar
charges incurred by Operator as a result of any special requirements associated
with Licensee's usage of Advanced Wireless Services Reserved Capacity and
Contingent Reserved Capacity. The types of operating costs for which Licensee
may be responsible include, but are not limited to, Internet Service Provider
("ISP") fees (if ISP services are only provided for a separate fee to other
Operator customers using the service offerings ordered by Permitted End Users),
Internet access or backhaul charges (if such services are only provided for a
separate fee to other Operator customers using the service offerings ordered by
Permitted End Users), fees for establishing a network point of presence,
long-distance telephone usage and access charges and similar telecommunications
charges, as well as the cost of any additional equipment that Operator is not
otherwise required to provide under this Agreement. Notwithstanding the
foregoing, Operator acknowledges and agrees that Licensee and its Permitted End
Users for whom Operator provides a Standard Advanced Services Installation will
not be charged for services or facilities that are provided to Operator's other
retail customers subscribing to the same tier of service without separate
charge.

         6. CONTROL; SPECTRUM LEASING REQUIREMENTS.

                  (a) Notwithstanding anything in this Agreement to the
contrary, and subject to prior FCC consent to the FCC Long Term Lease
Application with respect to this Agreement, the parties expressly acknowledge
that this Agreement is designed to transfer de facto, but not de jure, control
of the leased spectrum to Operator in accordance with Sections 1.9010 and 1.9030
of the FCC Rules. This Agreement: (i) does not and will not vest in Operator, or
constitute, create or have the effect of constituting or creating, de jure
control, direct or indirect, over Licensee or the License, which ownership or
control remains exclusively and at all times in the Licensee; and, (ii) does not
and will not constitute the transfer, assignment, or disposition in any manner,
voluntary or involuntary, directly or indirectly, of the License or the transfer
of control of the Licensee within the meaning of Section 310(d) of the
Communications Act (as hereinafter defined) other than for spectrum leasing
purposes. During the Term, Operator will not take any action inconsistent with
or contrary to the Licensee's de jure control, as that term is construed by the
FCC, over the License. During the Term, Operator will not hold itself out to the
public as the holder of the License.

                  (b) Operator hereby assumes primary responsibility for
complying with the Communications Act and applicable FCC Rules with respect to
the Excess Capacity spectrum leased, and Licensee is relieved of primary and
direct responsibility for ensuring that operations on the Excess Capacity
spectrum comply with the Communications Act and FCC Rules.

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

However, Licensee shall remain responsible for complying with FCC Rules with
regard to the spectrum it retains use of for purposes of Licensee's Primary and
Ready Recapture Airtime, Licensee is responsible to satisfy its minimum
educational use requirements, Licensee is responsible to comply with other FCC
Rules that specifically apply to licensees in long term de facto leasing
arrangements, and Licensee is responsible for its own FCC Rule violations and
any ongoing violations or other egregious behavior pertaining to use of the
License about which it is aware.

                  (c) Operator shall comply with applicable secondary markets
leasing rules as set forth in Section 1.9000 et seq. of the FCC Rules. Operator
acknowledges that this Agreement may be revoked, cancelled or terminated by
Licensee or by the FCC if Operator materially fails to comply with such rules,
and such failure is reasonably expected to result in a Loss; provided, however,
that before Licensee may exercise such termination right, it shall first provide
Operator with notice of an Event of Default pursuant to Section 12(b) hereof,
and provide Operator with an opportunity to cure such default or failure as
specified therein. If the License is revoked, cancelled, terminated or otherwise
ceases to be in effect, Operator understands that it will have no continuing
authority or right to use the leased spectrum, unless otherwise authorized by
the FCC, or unless the FCC grants Operator special temporary authority to
operate as contemplated in Section 12(c) hereof.

         7. ROYALTY PAYMENTS TO LICENSEE. Upon the execution of this Agreement,
Operator shall advance to Licensee, $____________________as the advance payment
of the annual Royalty Payment due to Licensee during the Term ("Advance Royalty
Payment"). The annual "Royalty Payment" shall be equal to
$_________________which, if not paid in advance, would become due on each
anniversary of the execution of this Agreement. The Advance Royalty Payment and
any other amounts owed by Operator to Licensee hereunder shall be subject to
offset from any amounts owed by Licensee or its parent, Hispanic Information and
Telecommunications Network, Inc. If, for any reason, this Agreement terminates
(including without limitation by reason of Operator purchasing the license
pursuant to Section 21 hereof, the Loss of the License or otherwise) or expires
prior to the end of the Term, including all available Renewal Terms, the
remaining advanced Royalty Payment which would have otherwise become due during
the Term had this Agreement not been terminated, shall be refunded to Operator
in immediately available funds within two (2) days of such termination.

         8. REGULATORY FILINGS; LEGAL AND ENGINEERING FEES.

                  (a) APPLICATION FOR LEASE APPROVAL. Within ten (10) business
days following grant of the assignment application by the FCC and the closing of
the purchase of the License, or upon the effective date of the new Part 27 rules
for EBS and BRS, whichever occurs later, and prior to consummating the transfer
of de facto control of the Excess Capacity spectrum leased to Operator
hereunder, the parties agree to cooperate as required to prepare and file with
the FCC all forms and related exhibits, certifications and other documents
necessary to obtain the FCC's consent to this Agreement and satisfy the FCC's
requirements for long term de facto lease approval as set forth in 47 C.F.R.
Section 1.9030(e) ("FCC Long Term Lease Application"). Each party covenants and
agrees that it will fully cooperate with the other, and do all things reasonably
necessary to timely submit, prosecute and defend the FCC Long Term Lease
Application, including responding to any petitions for reconsideration or
Commission reconsiderations of the

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

grant of the FCC Long Term Lease Application, and will promptly file or provide
the other Party with all other information which is required to be provided to
the FCC in furtherance of the transactions contemplated hereby. The parties will
disclose in the FCC Long Term Lease Application the automatic extension of the
Term upon the renewal of the License. The parties further covenant and agree to
include in any License renewal application a request to extend and renew this
Agreement for the renewal term of the License. Any fees associated with the
filing of the FCC Long Term Lease Application shall be paid by Operator. To the
extent Licensee is required to file this Agreement with the FCC, the Licensee
shall first notify and consult with Operator, and will redact all information
from the Agreement which Operator reasonably designates as confidential
including, but not limited to, all payment information. In the event a petition
for reconsideration is filed against the grant of an FCC Long Term Lease
Application, or if the Commission determines to reconsider such grant on its own
motion, Operator shall determine at its option whether to delay commencement of
the Initial Term until resolution of such reconsideration and, in the event of
such delay, it will notify Licensee in writing.

                  (b) OTHER FCC FILINGS. Upon Operator's reasonable request, and
within five (5) days of Licensee's receipt, Licensee shall promptly review,
execute and file (if necessary), and, together with Operator, prosecute, all
notifications, applications, petitions, waivers, amendments, and other related
documents, including, without limitation FCC Long Term Lease Applications,
necessary to secure FCC approval for Licensee's and Operator's intended uses of
the Channels, provided such filings are consistent with this Agreement and
Licensee's legal obligations. Licensee shall promptly file any requests for
extension of construction periods or performance benchmarks reasonably requested
by Operator. Licensee shall promptly, within fifteen (15) business days of its
receipt, review and, if consistent with this Agreement and Licensee's legal
obligations, execute and provide Operator any "no objection" letters,
interference consent agreements or retransmission consents that Operator may
reasonably request, provided that the action requiring consent does not cause
material degradation of Licensee's signal transmission capabilities. As an
illustration, without limiting the foregoing, interference consent agreements
and "no objection letters" that (i) involve reciprocal limitations on the
operations of Licensee's licensed facilities and other affected facilities, and
(ii) waive FCC interference protection criteria subject to protection from
actual harmful interference, taking into account topography, foliage, ground
clutter and other real world factors limiting signal propagation, shall not be
deemed to cause material degradation of Licensee's signal transmission
capabilities. During the Term, Licensee shall not make any filings with any
governmental authority, including the FCC, without prior consultation or
coordination with Operator, and Licensee shall not provide any "no objection"
letters, interference consents and/or retransmission consents to any third party
without Operator's prior written consent, such consent not to be unreasonably
withheld.

                  (c) TRANSITION FILINGS. Licensee shall fully cooperate with
Operator to assist in a Transition of the spectrum in the Market and spectrum in
other markets which are included within the Major Economic Area for the Market
as defined by FCC Rules. Licensee shall execute any notices, reports,
applications, correspondence or other documents reasonably necessary and
appropriate to effectuate a Transition as requested by Operator. Operator shall
bear all reasonable and appropriate FCC-related costs and expenses, including
legal, engineering and filing fees, incurred to prepare, file and prosecute any
initiation plans, Transition plans, applications and notices in connection with
a Transition.

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

                  (d) MAINTENANCE OF CHANNELS. Licensee shall use its best
efforts to maintain in full force and effect throughout the Term its License and
any associated authorizations for the Channels, it shall maintain its
qualifications to hold such License(s) and authorizations, and it will comply in
all respects with its regulatory requirements as an FCC licensee. Licensee
agrees that it will timely file its License renewal applications and its FCC
Long Term Lease Applications as provided herein and in FCC Rules. Each party
shall, with respect to its activities and operations related to the Channels,
comply with all FCC Rules and all other applicable laws, rules and regulations
of every kind. Licensee shall provide to Operator a copy of any notice received
from the FCC concerning the License within five (5) business days of receipt.

                  (e) COOPERATION IN FURTHER EFFORTS. The parties shall utilize
reasonable efforts and take such further action and execute such further
applications, documents, assurances and certificates as either party may
reasonably request of the other, consistent with the parties' rights and
obligations under this Agreement, in order to effectuate the purposes of this
Agreement. In addition, Operator shall assist Licensee from time to time in
verifying and correcting data in the FCC Universal Licensing System records for
the Licensee.

                  (f) REIMBURSEMENT OF EXPENSES. Except for Licensee's payment
obligations and other responsibilities as set forth in this Agreement,
including, but not limited to, those obligations set forth in Sections 2(a)(2),
4(d), 5(c), 5(d), 5(f)(5) and 5(g) hereof, Operator shall reimburse Licensee,
not later than thirty (30) days after receipt of any invoice from Licensee, for
Licensee's reasonable, documented out-of-pocket legal and engineering expenses
incurred at Operator's request after commencement of the Initial Term in
connection with obtaining, renewing, and continuing in full force and effect the
License, otherwise complying with FCC regulatory obligations relating to the
License, and providing assistance to Operator in licensing and other matters as
Operator may request from time to time during the Term. Any expense for which
Licensee seeks reimbursement that is in excess of five hundred dollars ($500)
shall be subject to prior approval by Operator.

         9. TAXES AND OTHER ASSESSMENTS AND FEES.

         Operator shall pay all taxes and other charges assessed against the
Wireless Services Transmission Facilities, without cost to or reimbursement by
Licensee. Operator shall also pay all other taxes, assessments and fees due from
Operator or Licensee as a result of the use of Excess Capacity on the Channels
by Operator and provision of services by Operator or any of Operator's
sublessees over the Channels, including but not limited to any regulatory fees
and required contributions of Licensee to the Universal Service Fund under the
Communications Act and the FCC Rules, except for taxes, assessments or fees, if
any, with respect to services provided by Licensee to Permitted End Users.

         10. REPRESENTATIONS AND WARRANTIES OF OPERATOR.

         Operator represents and warrants as follows:

                  (a) Operator is duly organized, validly existing and in good
standing under the laws of the State of Delaware. Operator has all requisite
power and authority to own its

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

properties and to carry on its business. Operator has all requisite power to
execute, deliver and, subject to the regulatory authority of the FCC, perform
this Agreement.

                  (b) All necessary actions on the part of Operator to authorize
the execution and delivery of this Agreement, and the performance of the
obligations of Operator herein, have been taken. This Agreement is valid and
legally binding upon Operator and enforceable in accordance with its terms
except to the extent that enforceability thereof may be limited by bankruptcy,
insolvency or other laws relating to the enforcement of creditor's rights or by
the application of equitable principles.

                  (c) The execution, delivery and performance of this Agreement
and all actions and transactions contemplated hereby: (i) will not violate any
provision of law or of the certificate of organization or operating agreement of
Operator, any order of any court or other agency of government to which Operator
is a party or by which it or any of its properties is bound, and (ii) will not
violate, be in conflict with, result in a breach of or constitute (with notice
or lapse of time or both) a default under any applicable law, order or
regulation, indenture, agreement or other instrument to which Operator is a
party or by which it or any of its properties is bound and that has not been
waived or consented to, or result in the creation or imposition of any lien,
charge or encumbrance of any nature whatsoever upon any of its property or
assets. The factual statements and representations contained herein are true and
correct to the best of Operator's knowledge and belief.

         11. REPRESENTATIONS AND WARRANTIES OF LICENSEE.

         Licensee represents and warrants as follows:

                  (a) Licensee is lawfully existing and in good standing under
the laws of the State of New York, has all requisite power and authority to
enter into this Agreement, and to perform the obligations to be performed by it
under this Agreement. This Agreement constitutes a valid, binding and
enforceable obligation of Licensee. The entry into and performance under this
Agreement does not and will not conflict with any other obligations or any other
agreements by which Licensee is or will be bound, or give rise to a cause of
action for any violation thereof. The factual statements and representations
contained herein are true and correct to the best of Licensee's knowledge and
belief. To HITN's knowledge, there are no outstanding contractual rights,
including rights of first refusal, on behalf of any third party which grants any
rights with respect to leasing capacity on or otherwise using or purchasing, the
License.

                  (b) Licensee holds, and is fully qualified in all respects to
hold, the License (Engineering File No. ___________________________, as renewed
through ___________________________ by File No. _______________________)
currently in force for the Channels.

                  (c) During Licensee's possession of the Licenses, Licensee has
neither permitted (or agreed to permit) any mortgage, lien, pledge, charge,
security interest, right of first refusal or right of others therein, or
encumbrance of any nature whatsoever to be placed on the Licenses nor
transferred (or agreed to transfer) the Licenses.

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

                  (d) Licensee has not agreed to accept interference from other
FCC licensees with respect to the Channels, nor has Licensee allowed any such
interference.

                  (e) Licensee is in compliance with all applicable Laws except
for any non-compliance that, individually or in the aggregate, will not have a
material adverse effect on the License. Since the filing of its application for
the assignment of License, Licensee has complied in all material respects with
FCC Laws applicable to the License. Since the approval of the assignment of the
License, Licensee has complied in all material respects with all of the terms
and conditions of the License. The License is unimpaired by any acts or
omissions of Licensee. All material documents required to be filed at any time
by Licensee with the FCC with respect to the License have been timely filed or
the time period for such filing has not lapsed. All such documents filed since
the date that the License was issued to Licensee are correct in all material
respects. All amounts owed to the FCC by Licensee in connection with the License
have been timely paid.

                  (f) There is no Proceeding now in progress or pending or, to
the best knowledge of Licensee, threatened against Licensee or the assets
(including the intellectual property rights) or the business of Licensee, nor to
the best knowledge of Licensee, does there exist any basis therefore, except for
immaterial claims brought against Licensee in the ordinary course of business.
Licensee is not subject to any order, writ, injunction or decree of any court of
any federal, state, municipal or other domestic or foreign governmental
department, commission, board, bureau, agency or instrumentality.

                  (g) Licensee represents, warrants and covenants that with
respect to the use of the Advanced Wireless Services, Licensee shall ensure that
it, its users, and its Permitted End Users, strictly comply at all times with
the acceptable use policy and terms of service, and such other policies of
general applicability which may apply to the Advanced Wireless Services which
are subject to amendment and may be found at http://www.clearwire.com or
such other URL as may be designated.

         12. TERMINATION; DEFAULT; LOSS; SURVIVAL.

                  (a) TERMINATION. This Agreement may be terminated prior to
expiration of a Term under any of the following circumstances: (i) by mutual
written agreement of the parties; (ii) by Operator, upon giving written notice
to Licensee in the Event of Default; provided that such Event of Default is not
cured (if it is capable of being cured) within thirty (30) days following such
notice; (iii) by Licensee, upon giving written notice to Operator in the Event
of Default; provided that if the Event of Default is a payment default that is
cured in thirty (30) days following such notice and with respect to all other
Events of default (that are of a type capable of being cured) such Event of
Default is not cured within one hundred eighty (180) days thereof; (iv) by
Operator upon giving written notice to Licensee within thirty (30) days of a
Loss (as hereinafter defined); (v) by Operator upon written notice to Licensee
and to the extent allowed under law, if Licensee files a petition pursuant to
Title 7 or 11 of the United States Bankruptcy Code or is adjudged a debtor after
the filing of an involuntary bankruptcy petition against Licensee, or if
Licensee files a petition for relief pursuant to any state insolvency laws, or
(vi) upon the closing of the purchase of the Licenses by Operator pursuant to
Section 21(a). If the Agreement is terminated prior to the expected termination
date which was disclosed to the

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

FCC, Licensee shall file a notification with the FCC no later than ten (10) days
after the early termination indicating the date the Agreement was terminated.

                  (b) DEFAULT. It shall be an "Event of Default" hereunder if
either party fails to perform a material obligation or breaches a material
representation and warranty contained in this Agreement in circumstances where
such failure results in the inability of the other party to exercise its full
rights under this Agreement.

                  (c) LOSS. The term "Loss" means: (1) expiration of the License
without renewal; (2) License termination or revocation by the FCC without
reinstatement; or (3) the unavailability of the Channels for the provision of
Operator's Advanced Wireless Services due to regulatory action, including, but
not limited to, FCC denial of the FCC Long Term License Application related to
this Agreement, or reallocation of the Channels for purposes incompatible with
Operator's business, or adoption of rules or policies that substantially
frustrate achievement of the purposes of this Agreement. A Loss shall not be
deemed a default by Licensee or Operator if the Loss was beyond the reasonable
control of such party, and such party used its best efforts to preserve the
License. In the event of a Loss, the parties shall cooperate in seeking special
temporary authority from the FCC to allow Operator to continue operating on the
Channels until such time as it can transition its users to other spectrum and
minimize service disruption to its business and other activities.

                  (d) SURVIVAL OF EXPIRATION OR TERMINATION. The obligations of
the parties under this Agreement that by their nature would continue beyond
expiration or termination of this Agreement (including, without limitation,
Sections l(c) (Right of First Refusal), 12(a) (Termination), 12(d) (Survival),
13 (Indemnification, Insurance, Limitation of Liability), 18 (Confidential
Information), 19 (Notices), 21 (Options), 22 (Waiver), 24 (Construction), 27
(Severability), 28 (Arbitration), 29 (Governing Law), 30 (Specific Performance)
shall survive any expiration or termination of this Agreement.

         13. INDEMNIFICATION; INSURANCE; LIMITATION OF LIABILITY.

                  (a) SCOPE OF INDEMNIFICATION BY OPERATOR. Operator shall
defend, indemnify and hold Licensee harmless from any and all costs and
expenses, including reasonable attorney's fees, arising from any inaccuracy or
misrepresentation of any representation or warranty made by Operator herein or
any failure by Operator to perform or comply with any covenant in this Agreement
to be performed of complied with by Operator.

                  (b) SCOPE OF INDEMNIFICATION BY LICENSEE. In addition to
Licensee's indemnification of Operator for use of Advanced Wireless Services,
which indemnification is set forth in the terms of service and the acceptable
use policy referenced in Section 5(f)(2) hereof, Licensee shall defend,
indemnify and hold Operator harmless from any and all costs and expenses,
including reasonable attorney's fees, arising out of or resulting from any
inaccuracy or misrepresentation of any representation or warranty made by
Licensee herein or any failure by Licensee to perform or comply with any
covenant in this Agreement to be performed of complied with by Licensee. The
parties agree and acknowledge that for purposes of Licensee's indemnification
for use of the Advanced Wireless Services by Licensee, its users and its
Permitted End Users, Clearwire Corporation is an intended third party
beneficiary.

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

                  (c) INDEMNIFICATION PROCEDURES. In claiming indemnification
pursuant to this Agreement the party seeking indemnification shall, with respect
to any claim for which indemnification is available, notify the indemnifying
party in writing of the nature of the claim as soon as practicable. (The failure
by the party seeking indemnification to give notice as provided, above, shall
not relieve the indemnifying party of its obligations under this Section, except
to the extent that the failure results in the failure of actual notice and the
indemnifying party is damaged as a result of the failure to give notice.) Upon
receipt of notice of the assertion of a claim, the indemnifying party shall
assume the defense of the claim. The party seeking indemnification shall have
the right to employ separate counsel and to participate in (but not control) any
such action, but the fees and expenses of such counsel shall be at the expense
of the party seeking indemnification unless (a) the employment of counsel by the
party seeking indemnification has been authorized by the indemnifying party, (b)
the party seeking indemnification has been advised by its counsel in writing
that there is a conflict of interest between the indemnifying party and the
party seeking indemnification in the conduct of the defense of the action (in
which case the indemnifying party shall not have the right to direct the defense
of the action on behalf of the party seeking indemnification), or (c) the
indemnifying party has not in fact employed counsel to assume the defense of the
action within a reasonable time following receipt of the notice given pursuant
to this Section, in each of which cases the fees and expenses of such counsel
shall be at the expense of the indemnifying party. The indemnifying party shall
not be liable for any settlement of an action effected without its written
consent (which consent shall not be unreasonably withheld), nor shall the
indemnifying party settle any such action without the written consent of the
party seeking indemnification (which consent shall not be unreasonably
withheld). The indemnifying party shall not consent to the entry of any judgment
or enter into any settlement that does not include as an unconditional term
thereof the giving by the claimant or plaintiff to the party seeking
indemnification a release from all liability with respect to the claim. Each
party shall cooperate in the defense of any claim for which indemnification is
available and shall furnish such records, information, testimony and attend such
conferences, discovery proceedings, hearings, trials and appeals as may
reasonably be requested by the other party.

                  (d) INSURANCE. At its expense, Operator will secure and
maintain with financially reputable insurers not less than the following
insurance: (a) "All Risk" property insurance covering the Advanced Wireless
Services Transmission Facilities for their full replacement value, (b)
Commercial General Liability insurance covering liability resulting from
Operator's operation of the Advanced Wireless Services Transmission Facilities
with limits of not less than $1,000,000 combined single limit per occurrence for
bodily injury and property damage liability and $2,000,000 annual aggregate, (c)
in the event that Operator transmits any Operator-selected content, errors and
omissions insurance; and (d) Workers' Compensation, Business Auto liability and
other insurance as required by law. Licensee must be named as an additional
insured or loss payee, as appropriate, on the above referenced insurance (except
Workers' Compensation). Such insurance must be primary to any coverage that
Licensee carries. A certificate of insurance must be delivered to Licensee
evidencing that the above coverage is in effect and will not be canceled or
materially altered without first giving Licensee thirty (30) days' prior written
notice. Renewal certificates must be delivered prior to the expiration of the
term thereof. Notwithstanding any other provision of this Agreement, Operator

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

shall not be required to provide any insurance coverage for the facilities
associated with the Contingent Reserved Capacity.

                  (e) WAIVER OF SUBROGATION. Anything in this Agreement to the
contrary notwithstanding, neither Licensee nor Operator will be liable to the
other or to any insurance company insuring the other party (by way of
subrogation or otherwise) for any loss or damage to any structure, building,
equipment or other tangible property, or any resulting loss of income, even
though such damage or loss might have been occasioned by the negligence of
Licensee or Operator or any of their agents or employees, if any such loss or
damage is covered by insurance benefiting the party suffering such loss or
damage, or was required of such party to be covered by insurance pursuant to
this Agreement, but only to the extent such loss is or should have been covered
by such insurance.

                  (f) LIMITATION OF LIABILITY. Operator, its affiliates,
directors, officers, employees or agents shall not be responsible or liable to
Licensee for any indirect, incidental, consequential, special, exemplary,
punitive or other damages, or for any loss of profits, loss of revenue, loss
resulting from interruption of business or loss of use or data, even if
Operator, its affiliates, directors, officers, employees or agents have been
advised of the possibility of such damages, and notwithstanding any failure of
essential purpose of any limited remedy of any kind, under any contract,
negligence, strict liability or other theory, arising out of or relating in any
way to this Agreement or its implementation. In no event shall the total
collective liability of Operator, its affiliates, directors, officers, employees
and agents arising out of or relating in any way to this Agreement or its
implementation exceed the royalty payments that are remaining to be paid to
Licensee under Section 7(a) hereof, for the remainder of the then-current
Initial Term or Renewal Term.

         14. NO JOINT VENTURE.

         Notwithstanding any other provisions of this Agreement, the parties
intend by this document to enter a use agreement and not to create a joint
venture and will carry out this Agreement to preserve that intent. Neither party
is, nor shall either party hold itself out to be, vested with any power or right
to contractually bind, act on behalf of the other as its contracting broker,
agent or otherwise for committing, selling, conveying or transferring any of the
other party's assets or property, contracting for or in the name of the other
party, or making any contractually binding representations as to the other party
that shall be deemed representations contractually binding upon such party.

         15. PROVISION OF EBS CONTENT.

         Licensee shall be solely responsible for providing and monitoring any
educational content that is transmitted over the Channels. The content shall be
transmitted in the form in which it is provided by Licensee, and Operator shall
have neither the right nor the obligation to edit, enhance, correct or otherwise
change or monitor the content. Upon receipt of the notice specified in Section
4(d), Operator shall not be responsible for any transmissions pursuant to the
Contingent Reserved Capacity.

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

         16. FORCE MAJEURE.

         Neither Licensee nor Operator shall be deemed in default or otherwise
liable hereunder due to either party's inability to perform (except with respect
to any obligation to make payment of money, which shall not be affected) by
reason of any fire, earthquake, flood, substantial snowstorm, epidemic,
accident, explosion, casualty, strike, lockout, labor controversy, riot, civil
disturbance, act of public enemy, embargo, war, Act of God, or any municipal,
county, state or national ordinance or law, or any executive, administrative or
judicial order (which order is not the result of any act or omission that would
constitute a default hereunder), or the failure of any municipal, county, state
or national agency or department, including without limitation the FCC, to act
in a timely manner on any application or request before such agency which would
permit the performance of the party hereto, or the inability of Licensee or
Operator to obtain the necessary consents, after use of commercially reasonable
efforts, of third parties to the performance of the party hereto, or any failure
or delay of any transportation, power or other essential thing required, or
similar causes beyond either party's control.

         17. FCC POLICY.

         This Agreement shall at all times be subject to and construed in
accordance with the FCC Rules and the Communications Act of 1934, as amended
(the "Communications Act").

         18. CONFIDENTIAL INFORMATION.

         Pursuant to this Agreement and the performance thereof, Licensee may
receive non-public proprietary information relating to the plans and/or
operations of Operator and its affiliates, parents and subsidiaries
("Confidential Information"). Confidential Information includes, but is not
limited to, information regarding vendors, customers and lender arrangements,
line-of-sight and other customer calculations, leasing terms and arrangements,
product/service specifications, prototypes, computer programs, models, drawings,
acquisition plans, financing plans and arrangements, marketing plans, business
plans, financial data, personnel statistics and any similar non-public or
otherwise confidential or sensitive information. Licensee shall not use for
itself, except in performance of the Agreement, or disclose to any third person,
firm, corporation or other entity this Agreement or any Confidential
Information, except (a) information that was gained independent of Licensee's
relationship with Operator and become publicly available through no breach of
any obligation of confidentiality by Licensee; (b) information that is
communicated to a third party with the prior written consent of Operator; or (c)
information that is required to be disclosed pursuant to the lawful order of a
government agency or disclosure that is required by operation of law, but in
such event, only to the extent such disclosure is required and, to the extent
reasonably practicable, prior written notice must be given to allow Operator to
seek a protective order or other appropriate remedy. In the event of a beach or
threatened breach of the terms of this Section, Operator shall be entitled to
seek an injunction prohibiting any such breach. Any such injunctive relief shall
be in addition to, and not in lieu of, any appropriate relief in the way of
money damages or any other remedies available at law or in equity. Operator may
disclose this Agreement to its affiliates, strategic partners, actual or
potential investors, lenders, acquirers, merger partners, and others whom
Operator deems in good faith to have a need to know such information for
purposes of pursuing a transaction or

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>
                                                                    EXHIBIT 1.47

business relationship with Operator, so long as Operator secures an enforceable
obligation from such third party to limit the use and disclosure of Confidential
Information as provided herein.

         19. NOTICES.

         All notices, requests, consents and other communications hereunder
shall be in writing and shall be effective upon receipt, in each case addressed:

         If to Licensee, to:        ______________________________
                                    c/o Hispanic Information and
                                    Telecommunications Network, Inc.
                                    449 Broadway, Third Floor
                                    New York, NY 10013
                                    Attention: Jose Luis Rodriguez
                                    Fax: (212) 966-5725

         With a copy to:            Day, Berry & Howard
                                    One Canterbury Green
                                    Stamford, CT 06901-2047
                                    Attention: Sabino Rodriguez
                                    Fax: (203) 977-7301

                           and
                                    RJGLaw LLC
                                    1010 Wayne Avenue, Suite 950
                                    Silver Spring, MD 20910
                                    Attention: Rudolph J. Geist
                                    Fax: (301) 589-2644

         If to Operator, to:        Fixed Wireless Holdings, LLC
                                    10210 NE Points Drive, Suite 210
                                    Kirkland, WA 98033
                                    Attention: Benjamin G. Wolff
                                    Fax: (425) 828-8061

         With a copy to:            Davis Wright Tremaine, LLP
                                    2600 Century Square
                                    1501 Fourth Avenue
                                    Seattle, WA 98101
                                    Attention: Julie Weston, Esq.
                                    Fax: (206) 628-7699

provided, however, that if any party shall have designated a different address
by notice to the others, then to the last address so designated.

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

         20. ASSIGNMENT/TRANSFER OF CONTROL.

                  (a) ELIGIBILITY FOR TRANSFER OR ASSIGNMENT. Licensee shall not
assign its interest in this Agreement or the License to any person or entity
that is not eligible or qualified to hold the License or lease the spectrum
under applicable FCC Rules. Operator shall not assign its interest in this
Agreement and will not enter into spectrum subleasing arrangements for the
spectrum subject to the License with any person or entity that is not eligible
or qualified to lease the spectrum under applicable FCC Rules.

                  (b) OPERATOR ASSIGNMENT. Pursuant to Section 1.9030(g) of the
FCC Rules, Operator may assign this Agreement to another entity, provided that
(in the case of assignments that are not pro-forma) Licensee has consented to
such assignment (such consent not to be unreasonably withheld, delayed or
conditioned), there is privity between Licensee and the assignee (i.e., the
assignee agrees in writing to assume Operator's obligations under this
Agreement), and the assignment of the Agreement is approved by the FCC after the
parties file an FCC Long Term Lease Application. Pursuant to Section 1.9030(h)
of the FCC Rules, Operator may undergo a transfer of control (other than a pro
forma transfer of control) during the Term of this Agreement, provided it first
obtains FCC consent by filing an FCC Long Term Lease Application. Upon
assignment or transfer of this Agreement by Operator pursuant to the foregoing,
the assignee or transferee will be solely responsible for the obligations of
Operator hereunder and Operator shall be relieved and discharged of all
responsibilities, liabilities and obligations. Each party shall be entitled,
without the consent of the other party, to undertake a pro forma assignment or
transfer of this Agreement, or its rights hereunder, and shall provide notice to
the other party and notice to the FCC as required by Sections 1.9030(g) and (h).

                  (c) LICENSEE ASSIGNMENT. Subject at all times to Operator's
right to purchase the License if the FCC determines to open eligibility for EBS
spectrum (as set forth in Section 21(a) hereof), Licensee may, during the Term,
assign its License or individual Channels to a qualified EBS eligible, or
discontinue EBS operations and surrender its License to the FCC, subject to the
following: Licensee shall notify Operator immediately upon making such decision,
Licensee shall not discuss such decision with any third parties without
Operator's written consent, and Licensee shall assign any affected Channels or
the License to an FCC-qualified entity designated by Operator who will assume
the Channels or License and assume Licensee's obligations under this Agreement
(a "Successor Licensee"). Licensee, Successor Licensee and Operator shall
cooperate in filing with the FCC any and all paperwork necessary to assign the
license to the Successor Licensee and receive continued FCC consent, if
necessary, to the long term de facto spectrum leasing arrangement reflected in
this Agreement.

                  (d) OPERATOR SUBLEASE. Operator shall have the right to
sublease capacity on the Wireless System (but not sublease any of the Channels
apart from its operation on the Wireless System) in accordance with FCC Rules
after receiving FCC consent by filing an FCC Long Term Lease Application.
Licensee shall provide its written consent to such subleasing which Operator may
submit to the FCC, and Licensee will reasonably cooperate with Operator to
effect any such sublease; provided however, that Operator shall bear all
reasonable costs and expenses associated with any such sublease, and no such
sublease shall relieve Operator of any responsibility for compliance with all of
Operator's obligations under this Agreement.

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

                  (e) NONCOMPETITION. During the Term of this Agreement,
Licensee shall not, either itself or with a third party other than Operator,
engage in any commercial or for-profit activities utilizing any of the Channels
that directly compete with Operator or its affiliates; provided, however, that
any relationship between Licensee and any Permitted End User relating to the use
by such Permitted End User of Advanced Wireless Services shall not be deemed to
be in violation of the foregoing restriction. During the Term of this Agreement,
and except as contemplated herein, Licensee shall not lease, sublease, pledge,
encumber or otherwise permit or grant any current rights with respect to use of
the Channels, in whole or in part. Without limiting the foregoing, Licensee
shall not resell or otherwise provide services to any end user that is not a
Permitted End User.

                  (f) LICENSEE RELEASE. Upon the valid consummation of the sale,
assignment or transfer of the License to any third party as described in this
Section, the execution by such third party of an assignment and assumption
agreement with respect to this Agreement, and the expiration of any applicable
FCC reconsideration periods for such assignment or transfer: (i) Licensee will
be released and discharged from all obligations to Operator arising thereafter;
and (ii) Licensee will not incur any penalties as a result of and will not be
responsible for any of Operator's expenses associated with the sale, assignment
or transfer, except that nothing shall release Licensee from any liabilities
incurred prior to the execution of such assignment and assumption agreement.

         21. OPTIONS TO PURCHASE AND SELL THE LICENSE.

                  (a) OPERATOR'S OPTION TO PURCHASE. Licensee grants to Operator
an option (the "Option") to acquire, or to designate an FCC qualified entity to
acquire, from Licensee all of Licensee's right, title and interest in and to the
License, free and clear of all Liens. The Option may be exercised at any time
during the Term and ten (10) years thereafter (the "Expiration Time"). If, prior
to the Expiration Time, Operator intends to exercise the Option, Operator shall
provide written notice of its intent to Licensee, and if the License is to be
purchased pursuant to the option by an FCC qualified entity designated by
Operator, then such notice shall identify such entity. Upon delivery of such
notice, each party shall use its reasonable best efforts to cause the sale of
the License to occur as soon as possible. Should Operator (or an FCC qualified
entity designated by Operator) exercise the Option, then the purchase will close
upon the grant of the FCC's approval of the assignment of the License to
Operator (or an FCC qualified entity designated by Operator). At such time,
Operator shall pay to Licensee [ Dollars ($_______________)] in immediately
available funds wired to an account designated by the Licensee and Licensee
shall deliver to Operator (or to the FCC qualified entity designated by
Operator) an instrument of assignment of the License in a form reasonably
satisfactory to Operator. Notwithstanding the other provisions of this Section
21(a), Operator agrees that it will not exercise the Option and designate an
alternative non-profit entity qualified to hold EBS licenses to acquire the
License from Licensee, unless or until (i) Licensee defaults under this
Agreement and fails to cure such default within the time period given hereunder,
if any; (ii) a change of control of Licensee has occurred; or (iii) such time as
to refrain from exercising such Option and designating a non-profit entity
qualified entity to hold such EBS license would be harmful to Clearwire's
commercial or competitive interests. For the purposes of this Section 21(a), a
change of control of Licensee shall occur if (A) more than fifty percent (50%)
of the members of the board of directors of Licensee as of the date of this
Agreement have either resigned or been

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

replaced or (B) Jose Luis Rodriguez is no longer the President and Chief
Executive Officer of Licensee.

                  (b) SALE OF LICENSE AT AUCTION. Subject at all times to
observing the FCC's anti-collusion rules, in the event the FCC determines to
hold an auction pursuant to which EBS licenses are auctioned, Licensee and
Operator shall cooperate and agree upon whether the License will be submitted as
part of the auction. Licensee shall not submit the License for potential sale at
the auction without the prior written consent of Operator. In the event the
parties agree that the License may be auctioned and sold to a third party, the
parties agree that in consideration of Operator's sole and substantial financial
investment in developing, constructing and operating the Channels and the
Wireless System, Licensee will retain Five Thousand Dollars ($5,000) of the sale
price for the License sold, and immediately pay the remainder to Operator. In
the event that any Channel or the License is sold at auction, Licensee shall
cause: (i) the transferee of such Channel or License to unconditionally agree in
writing to assume Licensee's obligations under this Agreement with respect to
any such Channel or the License; and (ii) the written instrument described in
the foregoing subsection shall provide that Operator will be a third-party
beneficiary of such instrument.

         22. WAIVERS.

         Any waiver by any party of any breach of or failure to comply with any
provision of this Agreement by the other party shall not be construed as or
constitute a continuing waiver of such provision, or a waiver of any other
breach of, or failure to comply with, any other provision of this Agreement.

         23. COMPLETE AGREEMENT.

         Except for the terms of service and acceptable use policy referenced in
Section 5(f)(2) hereof, which govern the use of the Advanced Wireless Services,
this Agreement sets forth the entire understanding of the parties hereto and
supersedes all prior agreements, covenants, arrangements, communications,
representations or warranties, whether oral or written, by any party (or any
officer, employee or representative of any party).

         24. CONSTRUCTION.

         The parties intend that the Wireless System of which the Channels will
form a part will, subject to required FCC authorizations and FCC Rules, provide
an array of services selected by Operator in accordance with its business plan,
as such business plan may evolve from time to time, and the parties anticipate
that the architecture of the Wireless System and its service set will evolve in
accordance with technological developments and Operator's plans to employ
technological developments in its business. Accordingly, it is the intention and
the agreement of the parties that this Agreement shall be understood and
interpreted in an expansive fashion to adapt to and permit the utilization of
such changes in technology, consistent with applicable legal requirements and
the parties' rights hereunder. The headings of the Sections of this Agreement
are inserted for convenience of reference only and shall not be deemed to
constitute a part hereof. Unless otherwise stated, references in this Agreement
to Sections refer to the Sections of this Agreement.

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

         25. AMENDMENT.

         This Agreement may not be amended or modified orally but only by an
instrument in writing duly executed by the parties.

         26. COUNTERPARTS.

         More than one counterpart of this Agreement may be executed by the
parties hereto, and each fully executed counterpart shall be deemed an original.

         27. SEVERABILITY.

         The invalidity or unenforceability of any provision of this Agreement
shall not affect the validity or enforceability of any other provision of this
Agreement. In the event that any provision of this Agreement is determined to be
invalid, unenforceable or otherwise illegal, such provision will be deemed
restated, in accordance with applicable law, to reflect as nearly as possible
the original intentions of the parties, and the remainder of the Agreement will
be in full force and effect.

         28. ARBITRATION.

         (a) If the parties are unable to resolve any dispute, including without
limitation disputes regarding a breach or default under this Agreement (each a
"Dispute"), the parties shall arbitrate such Dispute pursuant to the rules set
forth in this Section 28.

         (b) Any such matter shall be resolved by a single arbitrator (the
"Arbitrator"). In the event of a Dispute, either party may request that the
Dispute be resolved by initiating arbitration proceedings in accordance with the
Commercial Arbitration Rules of the American Arbitration Association, except as
modified by this Section 28 or as agreed by the parties. The parties agree that
discovery in any arbitration proceeding shall be of the type provided by the
Washington State Rules of Civil Procedure, pursuant to any schedule established
by the Arbitrator. Pre-hearing disclosures, briefs and other filings shall be at
the discretion of the Arbitrator. The parties agree that the Arbitrator shall
have no jurisdiction to consider evidence with respect to or render an award or
judgment for punitive damages (or any other amount awarded for the purpose of
imposing a penalty).

         (c) The arbitration hearing shall take place in Seattle, Washington.
The Washington Rules of Evidence shall apply to the arbitration hearing. The
party bringing a particular claim or asserting an affirmative defense will have
the burden of proof with respect thereto. Each party shall bear the burden of
persuasion with respect to its proposal for resolution of the matter. The
arbitration proceedings and all testimony, filings, documents and information
relating to or presented during the arbitration proceedings shall be deemed to
be information subject to the confidentiality provisions of this Agreement. The
Arbitrator will have no power to amend or disregard any provision of this
Agreement, including without limitation the provisions of this Section 28.

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

                  (d) Within thirty (30) days after the closing of the
arbitration hearing, the Arbitrator will prepare and provide to the parties an
award (the "Award") which shall be a writing setting forth the Arbitrator's
finding of facts and any conclusions of law relating to the Dispute, including
the reasons for the decisions contained in the Award. The Award shall be deemed
to be information subject to the confidentiality provisions of this Agreement.

                  (e) The Award will be final, but all or any part of the Award
may be appealed by either party to a court of competent jurisdiction located in
King County, Washington for a trial de novo of the Dispute, including but not
limited to all factual findings and legal conclusions addressed by the
Arbitrator. Any such appeal must be made by the initiation of an action with a
court of competent jurisdiction located in King County, Washington within thirty
(30) days following the parties receipt of the Award. Any appeal taken under
this section shall include all rights of appeal from the trial court to
appropriate courts of appeal.

                  (f) This Agreement and all terms and conditions contained
herein shall remain in full force and effect during any arbitration pursuant to
this Section 28 and all appeals thereof until a final, non-appealable
determination of all issues is made or the parties otherwise finally settle all
issues of the Dispute by a binding settlement agreement. Any termination under
Section 12 for an Event of Default or otherwise shall be stayed during the
arbitration and all appeals thereof.

                  (g) Each party will bear an equal one-half of all fees, costs
and expenses of the Arbitrator, and notwithstanding any law to the contrary,
each party will bear all the fees, costs and expenses of its own attorneys,
experts and witnesses, in arbitration, trial de novo or any appeal therefrom.

                  (h) Notwithstanding anything to the contrary in this Section
28, either party may seek injunctive relief from a court of competent
jurisdiction located in King County, Washington (in accordance with Section 30)
at any time without complying with the foregoing provisions.

         29. GOVERNING LAW.

         This Agreement shall be governed by and construed in accordance with
the laws of the State of Washington applicable to contracts made and wholly
performed within Washington by persons domiciled in Washington.

         30. SPECIFIC PERFORMANCE.

         The parties acknowledge and agree that the rights reserved to each of
them hereunder are of a special, unique, unusual and extraordinary character,
and that irreparable harm would occur in the event that any of the agreements
and provisions of this Agreement were not performed fully by the parties hereto
in accordance with their specific terms or conditions or were otherwise
breached, and that money damages are an inadequate remedy for breach of the
Agreement because of the difficulty of ascertaining and quantifying the amount
of damage that will be suffered by the parties hereto in the event that this
Agreement is not performed in accordance with its terms or conditions or is
otherwise breached. It is accordingly hereby agreed that each

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

party hereto shall be entitled to an injunction or injunctions to restrain,
enjoin and prevent breaches of this Agreement by the other party and to enforce
specifically such terms and provisions of this Agreement in any state or federal
court of the United States, such remedy being in addition to and not in lieu of,
any other rights and remedies to which the other parties are entitled to at law
or in equity. The non-prevailing party shall pay its own expenses, court costs
and the expenses, including without limitation, attorneys' fees and costs, and
expert witness fees incurred by the other party.

                            [SIGNATURE PAGE FOLLOWS]

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                    EXHIBIT 1.47

         IN WITNESS WHEREOF, the parties have caused this Agreement to be
executed by their duly authorized officers as of the date first written above.

                                    HISPANIC INFORMATION AND
                                    TELECOMMUNICATIONS NETWORK, INC.

                                    By:
                                       -----------------------------------
                                    Name:
                                         ---------------------------------
                                    Title:
                                          --------------------------------

                                    FIXED WIRELESS HOLDINGS, LLC

                                    By:
                                       -----------------------------------
                                    Name:
                                         ---------------------------------
                                    Title:
                                          --------------------------------

EXHIBIT 1.47 - EBS EXCESS CAPACITY USE AND ROYALTY AGREEMENT

<PAGE>

                                                                 EXHIBIT 3.10(h)

                                JOINDER AGREEMENT

         This Joinder Agreement ("Joinder") is made and entered into this
___ day of ___________________, 20_____, by and between Clearwire Corporation, a
Delaware corporation (the "Company"), and the party whose signature appears
below ("Newco").

         Reference is made to that certain Spectrum Access and Loan Facility
Agreement dated May_______, 2005, (the "Loan Facility Agreement") by and among
the Company, Hispanic Information and Telecommunications Network, Inc., and HITN
Spectrum, LLC ("Holdco"). The Loan Facility Agreement requires Newco to deliver
this Joinder.

         Accordingly, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:

         1. Newco hereby consents and agrees to become a party to and be bound
by the Loan Facility Agreement as fully as if Newco were one of its original
parties. Newco hereby acknowledges receipt of a copy of the Loan Facility
Agreement.

         2. Newco hereby agrees that all representations, warranties and
covenants under the Loan Facility Agreement that apply to Holdco shall also
apply to Newco in the same fashion. Without limiting the foregoing, Newco hereby
makes all of the representations and warranties in Section 4 of the Loan
Facility Agreement as Holdco has made therein and Newco hereby agrees to be
bound by all of the covenants in Sections 6 and 7 of the Loan Facility Agreement
as Holdco has agreed to be bound by therein.

         3. All terms and conditions of the Loan Facility Agreement remain in
full force and effect.

         4. This Joinder shall in all respects, including all matters of
construction, validity and performance, be governed by, and construed and
enforced in accordance with, the laws of the State of Washington, without
reference to any rules governing conflicts of laws.

         5. This Joinder may be executed in any number of counterparts, each of
which shall be an original, but all of which together shall constitute one and
the same agreement.

         Each party has caused this Joinder Agreement to be duly executed
personally or by its duly authorized officer or representative on the date first
above written.

COMPANY:                                 JOINING PARTY:
CLEARWIRE CORPORATION,                   [NEWCO, LLC],a Delaware limited
a Delaware corporation                   liability company

By:                                      By:
   ----------------------------             ----------------------------
   Benjamin G. Wolff                     Name:
   Executive Vice President                   --------------------------
                                         Title:
                                               -------------------------

EXHIBIT 3.10(h) - JOINDER AGREEMENT

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00114-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00114-of-00352.parquet"}]]