In Brief: FCC limits resale of auctioned spectrum

April 26, 2006

The FCC has restricted the quick resale of the U.S. wireless spectrum that will be auctioned off this summer.

The regulatory agency late Tuesday adopted a rule that bars a company that qualifies for the auction's small-business discount from leasing or resale of more than half of the spectrum it obtains.

A licensee that does so within the first five years of the license will have to repay all or part of the discount with interest.

"With the rule modifications adopted today (Tuesday), the FCC seeks to enhance its ability to ensure that companies that are ineligible for designated entity benefits cannot circumvent the FCC's rules in order to obtain those benefits indirectly," the agency said in a statement.

The commission has expressed concern that small companies that qualify for the discounts would be used as "fronts" by larger telecom firms that would immediately buy or lease the coveted spectrum from the smaller company at a lower price.

Copyright 2006 by United Press International

Explore further: Locked cellphones are no longer a lock

Related Stories

Locked cellphones are no longer a lock

November 29, 2013

Uncle Sam wants to hand you the keys to your cellphone. A federal agency is pressing wireless phone companies to start "unlocking" customers' phones, possibly by the time you exchange gifts for the holidays.

Recommended for you

A not-quite-random walk demystifies the algorithm

December 15, 2017

The algorithm is having a cultural moment. Originally a math and computer science term, algorithms are now used to account for everything from military drone strikes and financial market forecasts to Google search results.

Heavy oils and petroleum coke raising vanadium emissions

December 15, 2017

Human emissions of the potentially harmful trace metal vanadium into Earth's atmosphere have spiked sharply since the start of the 21st century due in large part to industry's growing use of heavy oils, tar sands, bitumen ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.