700Mhz posts

Feed

FCC's open-spectrum plans pit tech vs. telecoms

The FCC's upcoming auction for the 700-Mhz radio spectrum could give Google (NASDAQ: GOOG) and other tech giants the power to change the world of wireless technology.

The current draft rules would set aside space in the new spectrum for an "open" network, void of the current restraints telecom operators like AT&T (NYSE: T) and Verizon Communications (NYSE: VZ) normally put on their networks. The space for sale would be large enough to create a nationwide network "that will open the door to a lot of innovative services for consumers," FCC chairman Kevin Martin told USA Today. Estimates suggest that the auction could yield $20 billion to $30 billion for the government.

The point of an "open" platform is to allow consumers to use any combination of devices, software, content or services on the new network. The proposal for an open network would be a huge setback for the likes of AT&T and Verizon, among other major telecoms, because they wouldn't be able to control what phones and services would be used in their networks. Carriers have been critical of the draft rules which they feel favor Google, while consumer advocates complain that the rules are too timid and fail to create actual competition for the market, according to The Wall Street Journal.

Google, along with Yahoo! (NASDAQ: YHOO), eBay (NASDAQ: EBAY), Intel (NASDAQ: INTC), EchoStar (NASDAQ: DISH) and DirecTV (NYSE: DTV) are part of the "Coalition for 4G in America," a group that has repeatedly called for the new bandwidth to be open to all devices and software. The Journal also said that Google and other tech giants have gone a step further to argue that the FCC should explicitly designate the new owner of the bandwidth to open up its network to a wider group of applications and mobile devices, unlike the existing system.

The FCC is expected to make a final decision on the draft rules over the summer.

Symbol Lookup
IndexesChangePrice
DJIA+58.2812,859.51
NASDAQ+22.342,926.22
S&P 500+7.341,349.98

Last updated: February 13, 2012: 12:25 PM

Hot Stocks

General Electric

19.045+0.17(+0.90)

Alcoa

10.355+0.065(+0.63)

Apple Inc

498.53+5.11(+1.04)

Google Inc 'A'

612.87+6.96(+1.15)

Bank of America

8.27+0.20(+2.48)

Wal-Mart Stores

61.89-0.01(-0.02)

Exxon Mobil Corp

84.165+0.365(+0.44)

Ford

12.52+0.08(+0.64)

Citigroup

33.44+0.515(+1.56)

IBM

192.56+0.14(+0.07)

Yahoo

16.13-0.01(-0.06)

Starbucks

49.17+0.35(+0.72)

Microsoft

30.54+0.045(+0.15)

Home Depot

45.81+0.48(+1.06)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1329153951092 ms.