Selling Priceless Spectrum
By Erik Dolson
The auction of my airwaves started today. I’m upset.
Actually, the auction was of “spectrum,” that is, the radio frequencies needed mostly for new 5G cell phone networks. And it’s actually a sale of the right to “use” bits of this spectrum, also known as the “C” band.
It will surprise no one that the main bidders will be AT&T, Verizon, T-Mobile, and with Comcast and Charter Communications teaming up. There are others, but those are the main players and are expected to bid between $30 billion and $51 billion.
So what’s my problem, anyway, with such … Read more…