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Broadband's Impact

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

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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.

Broadband's Impact

Fiber Broadband Association Kicks Off Fiber Connect 2021

The FBA doled out numerous awards during its first general session of the event.

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FBA's Gary Bolton speaking on stage during Fiber Connect 2021

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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Expert Opinion

Craig Settles: Libraries, Barbershops and Salons Tackle TeleHealthcare Gap

Craig Settles describes the important role that community institutions have played in promoting connectivity during the COVID-19 pandemic.

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Photo of Urban Kutz Barbershops owner Waverly Willis getting his blood pressure checked used with permission

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

Education

Broadband Breakfast CEO Drew Clark and BroadbandNow’s John Busby Speak on Libraries and Broadband

Friday’s Gigabit Libraries Network conversation will feature Drew Clark of Broadband Breakfast and John Busby of BroadbandNow.

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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.)

Continue Reading

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