Gordon Smith of NAB Says Spectrum Auction "Might Not Have Been Necessary"

dkreichen1968

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The Federal Communications Commission’s auction of broadcasters’ spectrum to wireless carriers may not have been necessary, and it’s fallen far short of expectations, according to Gordon Smith, head of the National Association of Broadcasters.

“There was an earlier auction that got $40 billion and they got half the spectrum that this one held out,” Smith said, referring to an auction that ended in January 2015 and raised $44.9 billion. “For twice the spectrum, they got half the money and broadcasters got a quarter of what they were led to believe was part of this extravaganza. It was no extravaganza.”
Read More: https://morningconsult.com/2017/02/16/nab-chief-says-fccs-spectrum-auction-no-extravaganza/

Just one more way that the Obama administration took advantage of the American consumer. The "Unaffordable Healthcare Act" and the "Unaffordable TV Act."
 

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