Former FCC chairman Reed Hundt's wireless start-up Frontline Wireless has shut down operations after failing to raise enough money to bid in the upcoming 700 MHz auction, according to a report in The Wall Street Journal. Frontline had planned on building a nationwide, high-speed wireless network for public safety officials, but even with the backing of L. John Doerr of Kleiner Perkins Caulfield & Byers, as well as other supporters, the company raised enough for the $128 million down payment, but not enough for the $1.3 billion reserve price on the spectrum.

For more on Frontline shutting down:
- read this article [1] from the WSJ (sub. req.)

Stay up on the latest auction news with our regularly updated 700 Mhz spectrum auction Special Report [2]

Related Articles:
Frontline Wireless made more calls and visits to FCC than others Article [3]
Frontline Wireless accuses Verizon Wireless of illegal lobbying Article [4]
Are Frontline, Cyren gaming the spectrum auction? Article [5]
FCC allows wholesaling for public safety bidders Article [6]