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Broadband's Impact

Phoenix Center Proposes a ‘Transaction Window’ to Facilitate Spectrum Transfers

Drew Clark

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WASHINGTON, October 15, 2018 – The Phoenix Center on Friday released a new report on how the existence of a “transaction window” could help facilitating market-based repurposing of electromagnetic spectrum.

The eight-page report, “Expediting Spectrum Repurposing Through Market Transactions,” presents an economic model for a two-stage process: First, incumbent licensees are would be granted a fixed period of time to sell, acquire, or repurpose their licenses.

This period of time is what the authors, Randolph Beard and George Ford, call the “transaction window.” In the second stage, incumbent licensees are relocated to other portions of the band and compensated for the Federal Communications Commission for doing so.

While spectrum auctions are the favored mechanism of rights assignment, identifying, clearing, and getting spectrum on the auction block takes, on average, a decade or more.

The approach encouraged by Beard and Ford would use the transaction window as a motivation for incumbent spectrum holders to act quickly.

“The Commission is right to pursue market-based solutions for spectrum repurposing,” say Beard and Ford. “Time is of the essence, however, and economic theory and empirical evidence suggests an expiring transaction window will expedite market transactions for spectrum licenses.”

See the Phoenix Center’s press release and its report.

(Illustration from PolicyTracker.com.)

Drew Clark is the Editor and Publisher of BroadbandBreakfast.com and a nationally-respected telecommunications attorney at The CommLaw Group. He has closely tracked the trends in and mechanics of digital infrastructure for 20 years, and has helped fiber-based and fixed wireless providers navigate coverage, identify markets, broker infrastructure, and operate in the public right of way. The articles and posts on Broadband Breakfast and affiliated social media, including the BroadbandCensus Twitter feed, are not legal advice or legal services, do not constitute the creation of an attorney-client privilege, and represent the views of their respective authors.

Education

Surveying Broadband Issues Faced by Students Under COVID-19, CoSN Offers Its Recommendations

The speed of the broadband service used was only one component of the issues students faced.

Benjamin Kahn

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on

Photo of Keith Krueger, CEO of the Consortium of School Networking, from Millennium Sustainable Education

WASHINGTON, October 15, 2018 – The Phoenix Center on Friday released a new report on how the existence of a “transaction window” could help facilitating market-based repurposing of electromagnetic spectrum.

The eight-page report, “Expediting Spectrum Repurposing Through Market Transactions,” presents an economic model for a two-stage process: First, incumbent licensees are would be granted a fixed period of time to sell, acquire, or repurpose their licenses.

This period of time is what the authors, Randolph Beard and George Ford, call the “transaction window.” In the second stage, incumbent licensees are relocated to other portions of the band and compensated for the Federal Communications Commission for doing so.

While spectrum auctions are the favored mechanism of rights assignment, identifying, clearing, and getting spectrum on the auction block takes, on average, a decade or more.

The approach encouraged by Beard and Ford would use the transaction window as a motivation for incumbent spectrum holders to act quickly.

“The Commission is right to pursue market-based solutions for spectrum repurposing,” say Beard and Ford. “Time is of the essence, however, and economic theory and empirical evidence suggests an expiring transaction window will expedite market transactions for spectrum licenses.”

See the Phoenix Center’s press release and its report.

(Illustration from PolicyTracker.com.)

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Education

FCC Chairwoman Jessica Rosenworcel Unveils Proposed Rules for Emergency Connectivity Fund

Acting FCC Chairwoman Jessica Rosenworcel on Friday released rules for the Emergency Connectivity Fund, answering many questions about the program.

Benjamin Kahn

Published

on

Photo of Jessica Rosenworcel from the FCC

WASHINGTON, October 15, 2018 – The Phoenix Center on Friday released a new report on how the existence of a “transaction window” could help facilitating market-based repurposing of electromagnetic spectrum.

The eight-page report, “Expediting Spectrum Repurposing Through Market Transactions,” presents an economic model for a two-stage process: First, incumbent licensees are would be granted a fixed period of time to sell, acquire, or repurpose their licenses.

This period of time is what the authors, Randolph Beard and George Ford, call the “transaction window.” In the second stage, incumbent licensees are relocated to other portions of the band and compensated for the Federal Communications Commission for doing so.

While spectrum auctions are the favored mechanism of rights assignment, identifying, clearing, and getting spectrum on the auction block takes, on average, a decade or more.

The approach encouraged by Beard and Ford would use the transaction window as a motivation for incumbent spectrum holders to act quickly.

“The Commission is right to pursue market-based solutions for spectrum repurposing,” say Beard and Ford. “Time is of the essence, however, and economic theory and empirical evidence suggests an expiring transaction window will expedite market transactions for spectrum licenses.”

See the Phoenix Center’s press release and its report.

(Illustration from PolicyTracker.com.)

Continue Reading

Broadband's Impact

FCC Fines Company $4.1 Million for Slamming and Cramming Consumer Phone Lines

The Federal Communications Commission on Thursday fined Tele Circuit Network Corporation for switching consumers’ service providers.

Benjamin Kahn

Published

on

Photo of Geoffrey Starks by Amelia Holowaty Krales of the Verge

WASHINGTON, October 15, 2018 – The Phoenix Center on Friday released a new report on how the existence of a “transaction window” could help facilitating market-based repurposing of electromagnetic spectrum.

The eight-page report, “Expediting Spectrum Repurposing Through Market Transactions,” presents an economic model for a two-stage process: First, incumbent licensees are would be granted a fixed period of time to sell, acquire, or repurpose their licenses.

This period of time is what the authors, Randolph Beard and George Ford, call the “transaction window.” In the second stage, incumbent licensees are relocated to other portions of the band and compensated for the Federal Communications Commission for doing so.

While spectrum auctions are the favored mechanism of rights assignment, identifying, clearing, and getting spectrum on the auction block takes, on average, a decade or more.

The approach encouraged by Beard and Ford would use the transaction window as a motivation for incumbent spectrum holders to act quickly.

“The Commission is right to pursue market-based solutions for spectrum repurposing,” say Beard and Ford. “Time is of the essence, however, and economic theory and empirical evidence suggests an expiring transaction window will expedite market transactions for spectrum licenses.”

See the Phoenix Center’s press release and its report.

(Illustration from PolicyTracker.com.)

Continue Reading

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