PR Archives:  LatestBy Company By Date


Press Release -- July 24th, 2013
Source: Sprint Nextel
Tags:

Sprint Statement: House Hearing on “Oversight of Incentive Auction Implementation”

By Lawrence R.  Krevor, Vice President – Spectrum, Legal and Government Affairs

Earlier today, the House of Representatives Committee on Energy and Commerce hosted a hearing on implementing an incentive auction structure for 600 MHz spectrum. Lawrence R. Krevor, vice president for spectrum, legal and government affairs at Sprint, issued the following comment in response to today’s event:

Today’s Hearing on “Oversight of Incentive Auction Implementation” before the Subcommittee on Communications and Technology of the House of Representatives Committee on Energy and Commerce, was an informative discussion of key spectrum issues that will drastically impact future wireless competition and wireless innovation.

The Hearing indicated broad support for an auction structure that encourages broadcasters to make the maximum amount of 600 MHz spectrum available to commercial carriers in this unique two-sided spectrum auction.  Sprint agrees with the witnesses asserting that  reasonable limits on spectrum aggregation – especially the low-band spectrum essential to enduring wireless competition  — will bring more carriers to the auction resulting in more aggressive bidding, more spectrum being offered and higher auction revenue to help fund broadcaster repacking and the public safety wireless broadband network.  Consumers will lose the benefits of robust wireless competition if the two largest carriers – which together already hold about 80 percent of the available low-band spectrum and 80 percent of wireless industry revenue – use their market power to foreclose competitive carriers from obtaining 600 MHz spectrum.

We look forward to participating in the Federal Communications Commission’s continued work to develop a competition-enhancing auction structure that will help make wireless broadband available to all American consumers while achieving Congress’ auction revenue goals.

For more information, please see “Paving the Way for a Brighter Wireless Future,” a blog post published earlier today by Lawrence R.  Krevor.

Paving the Way for a Brighter Wireless Future 
By Lawrence R.  Krevor, Vice President – Spectrum, Legal and Government Affairs
July 23, 2013

With a newly approved investment from Softbank and recent acquisition of Clearwire, Sprint will be better able to serve wireless consumers, hold market leaders accountable through strengthened competition, and continue to drive innovation in the American economy. Read more.

PR Archives: Latest, By Company, By Date