SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Night Writer who wrote (842)1/11/1998 10:07:00 AM
From: James Fink  Read Replies (1) of 2063
 
The following is an excerpt from the October 1997 edition of CED Magazine, which argues that the appellate court should not stay the LMDS auction EVEN IF it should decide that BOCs and cable companies should be allowed to own LMDS licenses in their local service areas. The reason? Because these companies can simply buy the auction winners after the fact, probably for the same amount of money they would have spent to bid for the LMDS licenses in the auction:

When the FCC laid out the final channel plan and the auction rules, it also decided who would be eligible to bid, and who would not. In order to promote competition, incumbent local exchange telephone companies and cable companies are not eligible to bid for the Block A licenses in their service areas. The telephone companies were not happy about that decision at all. Some filed court appeals. They could now go to the courts and ask for a stay of the auctions, on the grounds that they will be irreparably harmed if the auctions take place and the courts later overturn the eligibility restrictions--they will have lost the opportunity to bid for the LMDS spectrum.

On the other hand, maybe someone will argue that if they are found eligible to own LMDS licenses, they can just as easily buy out the auction winner later, as they can bid and win in the auction itself. It's only money, after all.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News