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TSTAR 600, Jackson, MS, was formed to bid on and acquire radio frequency spectrum licenses in the 600 MHz band to be auctioned in the Forward Auction by the FCC in 2017. In the auction, the company successfully bid on and won 600MHz licenses in major metro markets including Phoenix, Sacramento, San Antonio, Jacksonville, Indianapolis, Nashville and New Orleans. TSTAR is actively seeking additional licenses in the 600 MHz band. The licenses will ultimately be repurposed for broadband data usage. Northwood backed an executive of a former portfolio company in 2016.