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Wireless Carriers looking for Elbow Room

Posted by CmdrTaco on from the room-to-breath dept.

pillageplunder writes "Businessweek is reporting on the upcoming Wireless Spectrum Auctions. Over the next two years (Starting in Jan 2005) the FCC will auction off enough spectrum that will more than double the amount currently available. Estimates range anywhere from 50 to 70 billion dollars will be raised by these auctions. Short term, it should improve the quality of Cell-phone, long term, it should open up opportunities for so-called 3G services to take off."

1 of 107 comments (clear)

  1. They should be renting it out, not selling it. by kenf · · Score: 5, Informative

    The gomment should be renting spectrum, not selling it outright. That way we would have an income stream , not just one payment to squander.