FCC report: New wireless spectrum may be worth $120B2010-10-22 11:09 by DanielaTags: FCC, Wireless
The FCC released a white paper Thursday that said the value of the spectrum it plans to unleash between now and 2014 could be worth up to $120 billion. Freeing more spectrum for wireless broadband is a cornerstone of FCC Chairman Julius Genachowksi's agenda. The commission's national broadband plan calls for releasing 300 MHz within the next five years and 500 MHz within the next 10 years to meet rising mobile data demands. According to the FCC, mobile data traffic is expected to be 35 times greater than 2009 levels by 2014. "We can drive billions of dollars in private investment," Genachowski said at an FCC forum on the topic in Washington. "If we don't act to update our policies for the 21st century, we're going to run into a wall - a spectrum crunch." Genachowski said that one key provision of the agency's plans - incentive auctions in which broadcasters voluntarily give up their spectrum in exchange for a share of the proceeds - is progressing. However, he did not say how many broadcasters have agreed to participate in the plan. The national broadband plan calls for getting 120 MHz of spectrum from TV broadcasters, which have been largely cool to the FCC's proposals. Read more -here-
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