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  "documentTitle": "Centerview Partners | Investment Banking Pitch Book | 15 slides",
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  "notes": "The table categorizes transactions by spectrum band (2.5 GHz, WCS, MSS, AWS) and includes preliminary proposals.",
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      "kind": "paragraph",
      "text": "Precedent spectrum valuations are influenced by a number of factors including: situational context (e.g., distressed sale), immediately deployable vs. requiring regulatory approval, strategic value to acquiror, portfolio size, geographic coverage, useable spectrum as a percentage of total portfolio, etc.",
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      "text": "Source: Company filings, FCC reports and Wall Street research. Note: Figures in millions, except $/MHz-pop. (1)-(7) footnotes.",
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