February 21, 2007 NEXTWAVE WIRELESS FINALIZES ACQUISITION OF GO NETWORK

GO Networks to Operate as a Wholly Owned Subsidiary of NextWave Wireles

San Diego, CA, February 21, 2007 - NextWave Wireless Inc. (NASDAQ: WAVE) announced today that it has completed its acquisition of GO Networks Inc., a privately-held company headquartered in Mountain View, CA with research and development facilities in Tel Aviv, Israel. GO Networks provides advanced Wi-Fi network systems to service providers looking to deploy campus and metropolitan Wi-Fi systems with carrier-class quality, coverage, capacity and performance. “We are delighted to welcome the GO Networks team into NextWave and look forward to working with them to provide customers around the globe with the most advanced, reliable, and cost-effective mobile Wi-Fi solutions possible,” said Allen Salmasi, president and chief executive officer of NextWave Wireless Inc. Media Contacts: Roy Berger NextWave Wireless Inc. (203) 742-2572 rberger@nextwave.com Yuval Mor GO Networks Inc. 408-621-6966 yuvalm@gonetworks.com