Primary-source recovery · August 2026

The February 1990 Centel transaction

The original SEC-filed table is now public and preserved. It visibly names “Naresh Vashisht,” identifies Centel as acquiror, reports four New Mexico RSA markets, and leaves the legal seller-to-market alignment unresolved.

Original records, exact checksums, explicit evidence labels, visible contradictions.

Direct answer

Yes. The original SEC artifact names Naresh Vashisht.

The middle initial “K.” is not printed. The same row appears in the December 22, 1994 final Lazard analysis and the November 7, 1994 preliminary analysis.

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Exact filed row

Source typography preserved

02/90       Centel/                              55     Sante Fe, NM-4 (556)       229         100%           $135
                John Herklotz                           San Juan, NM-1 (553)       212         100%             85
                Naresh Vashisht                         Grant, NM-5 (557)           52         100%             75
                Sun Comm. Inc.                          Colfax, NM-2 (554)          24         100%             70
                Ronald Hyder                                                       ---                         ---
                                                                                   517                        $105

The misspelling “Sante Fe” is in the SEC-filed source and is not corrected in the verbatim transcription.

Authenticated facts

What the table does—and does not—establish

DOCUMENTED

Package and participants

Centel is the reported acquiror. The seller column names John Herklotz, Naresh Vashisht, Sun Comm. Inc., and Ronald Hyder. The package lists CMA556 Santa Fe, CMA553 San Juan, CMA557 Grant, and CMA554 Colfax.

DOCUMENTED

Date and metrics

The source gives only 02/90, 517,000 net POPs, aggregate value 55 in a column labeled millions, and aggregate estimated price per POP of $105.

INFERENCE

Seller–market pairing

The strongest complete ordered-list interpretation maps Herklotz→CMA556, Vashisht→CMA553, Sun Comm.→CMA557, and Hyder→CMA554. The table does not expressly bind the names to those markets.

NOT DOCUMENTED

Proceeds and capital use

The source does not show legal ownership, seller allocation, payment, taxes, personal proceeds, or any use of funds for Colombia.

Economic discipline

$18.02 million is arithmetic, not a documented payment

The source does not contain $18.02 million or $54.515 million. The former is 212,000 × $85 under the inferred Vashisht–San Juan alignment. The latter is the sum of all four market-line calculations. Both are labeled CALCULATED, not documented consideration or proceeds.

T1–T5

Hypothesis status after authentication

IDPropositionStatusReason
T1ApplicationINSUFFICIENT_EVIDENCENo applicant record.
T2Selection or awardINSUFFICIENT_EVIDENCENo selection, permit, or grant.
T3Sale or transferPARTIALLY_SUPPORTEDSEC table authenticated; legal pairing and FCC record missing.
T4Material proceedsINSUFFICIENT_EVIDENCENo allocation or payment record.
T5Colombia financing linkINSUFFICIENT_EVIDENCENo source-and-use evidence.

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Reports and structured data

Audit reports

Data and checksums

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