Initiative Could Double Wireless Broadband Spectrum

By Channel Insider Staff
A Presidential Memorandum signed by President Obama would nearly double the amount of wireless broadband spectrum, through an auction, for governmental and commercial use, the White House said. The actual amount will depend on effective implementation and additional design details, but based on past auctions, some analysts believe the revenue potential could reach in the tens of billions of dollars.

In a planned speech to the New America Foundation, a nonprofit, post-partisan think tank, White House economic adviser Lawrence Summers is expected to provide further details on the plan, which would release 500MHz of federal and commercial spectrum over a 10-year period.

To read the original eWeek article, click here: Obama Initiative Would Double Broadband Spectrum

This article was originally published on 2010-06-28