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VER Agrees to Merge with PRG, Announces Chapter 11 Filing

LOS ANGELES — VER announced that, as part of a comprehensive transaction supported by its second lien lenders, including funds managed by GSO Capital Partners, it has entered into an agreement to merge with an entity controlled by Production Resource Group LLC (“PRG”). To facilitate the implementation of this pre-negotiated transaction, VER filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware on April 5, 2018. These filings only affect the Company’s North American operations.

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For the latest look at T-Mobile's 600MHz wireless coverage, go to plsn.me/T-Map.

Radio Active Designs Notes T-Mobile’s Rapid Utilization of 600MHz Band Across the Country

EAST RUTHERFORD, NJ – Radio Active Designs, the company set up to help intercom systems users navigate an increasingly challenged RF landscape, noted the faster-than-anticipated use of the 600MHz wireless band by T-Mobile, one of the companies that acquired a large chunk of spectrum for its own use after the completion of the FCC 600 MHz auction.

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