DataCom Wireless, LLC, Arlington, VA, acquired licenses in the lower 700 MHz band in an FCC auction in June 2003 to become the third largest U.S. holder of 700 MHz spectrum. In 2005, DataCom was sold for cash and stock to Aloha Partners, L.P. Through spectrum bought in FCC auctions and acquisitions, Aloha expanded its nationwide footprint of 700 MHz licenses to cover almost 200 million people and most of the United States. Northwood co-founded DataCom in 2003, and made follow-on investments in Aloha in 2005. In 2008, Aloha was acquired by AT&T for $2.5 billion in cash.

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