Liberty University (LU) and the Virginia School of the Arts (VSA) have formed a joint venture,
the Lynchburg Educational Broadband Joint Venture ("LEB Joint Venture") to solicit proposals
to construct and operate an educational broadband radio service system in Lynchburg,
Virginia utilizing certain frequencies in the 2.5 GHz Educational Broadband Service ("EBS")
spectrum band, and to lease the remaining allowable bandwidth for commercial use. The
LEB Joint Venture seeks to utilize its spectrum resources; satisfy fully the FCC's EBS
requirements regarding construction deadlines, service requirements, and spectrum lease
requirements and to lease the maximum permissible spectrum to a commercial provider of
wireless broadband communications services. Essentially, the LEB Joint Venture seeks
educational broadband service and a stream of revenue from a commercial provider. The
successful commercial provider/lessee shall construct and operate a system that satisfies the 5%
beneficial use requirement to provide educational broadband wireless service connecting
Liberty University personnel and students, pursuant to the terms and conditions described
herein. The successful commercial provider/lessee will benefit by leveraging on a successful
deployment to a captive subscriber base during the early stages of the commercial network
deployment.