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 Clark Peterson, vice president of NEXTLINK Nevada, stops by company offices under construction in Henderson. He figures his new company will emerge as the top competitor of Sprint Corp. in the deregulated local telephone business. Peterson, a former executive of McCaw Cellular Communications Inc., understands start-up businesses. He ran his own businesses first in high school and then in college. Photo by Gary Thompson. 
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 Dialing Up A New ChallengeClark Peterson, vice president of NEXTLINK, a new Southern Nevada telephone company, figures he is getting the second big chance of a lifetime -- and he's only 35.Peterson earlier caught a ride on the cellular telephone wave as a national executive with McCaw Cellular Communications Inc. FULL TEXT Electricity study approvedNevada Power Co. has joined eight other Southwestern electric utilities and related organizations to study the feasibility of establishing an independent system operator for the region.The independent system operator, or ISO, would have no ownership in any of the utilities it serves. Instead, it would be an independent traffic cop for electric power transmission after anticipated deregulation, said Larry Luna, manager of transmission planning for Nevada Power. FULL TEXT 
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