A PYMNTS Company

US: FCC on the defense over spectrum auction caps

 |  April 25, 2014

The Federal Communications Commission is defending its decision to set aside spectrum for smaller wireless competitors in its upcoming auction, following threats from industry leader AT&T that it would refuse to participate in the bidding should such a plan be implemented.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Reports say FCC chairman Tom Wheeler has defended the plan as necessary for a “robustly competitive” auction, which is set for next year. The FCC will reallocate TV broadcaster spectrum to resell it to wireless companies, but plans to limit the amount of spectrum top competitors AT&T and Verizon can snatch up.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Reports say the two market giants currently own about two-thirds of the most demanded spectrum.

    Full content: The Hill

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.