A PYMNTS Company

US: FCC says new plans to ‘completely revolutionize’ telco industry

By  |  March 26, 2014

As the Federal Communications Commission gears up for its upcoming spectrum auction, the agency’s head Tom Wheeler said Monday that plans to “completely revolutionize” the communications industry are also under way.

    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.

    Wheeler told reporters that the auction, along with new policies of spectrum sharing, will be “fundamentally transformative,” lead to new jobs and boost innovation, though did not elaborate exactly how.

    The FCC is set to launch a spectrum auction next year that will reassign current spectrum licenses. According to reports, broadcasters will load off licenses to the FCC, which will in turn auction those licenses to wireless operators.

    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.