CTIA-The Wireless Association(R) Blasts Google Scheme to Rig 700 MHz Auction.WASHINGTON -- CTIA-The Wireless Association[R] President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Steve Largent issued the following statement today in response to a letter from Google to the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. asking for special conditions in the upcoming 700 MHz spectrum auction, and pledging to bid at least $4.6 billion for that spectrum if Google's conditions are met: "The veil has been lifted. Google's letter to the FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. this morning highlights the Internet giant's scheme to have the 700 MHz auction rigged with special conditions in its favor. If Google is willing to commit almost $5 billion dollars for spectrum that it wants encumbered Encumbered A property owned by one party on which a second party reserves the right to make a valid claim, e.g., a bank's holding of a home mortgage encumbers property. with various requirements, then let it win that spectrum in a competitive auction and choose that business model. Google and its allies, with their collective market capitalization approaching half a trillion dollars, don't need a government handout at taxpayers' expense. The competitive wireless industry welcomes all new entrants, but no company should be able to buy a custom-fit government regulation that suits their particular business plan. Consumers should decide if they're right, not the federal government." CTIA (1) See CompTIA. (2) (Cellular Telecommunications & Internet Association, Washington, DC, www.ctia.org, www.wow-com.com) A membership organization founded in 1984 that is involved with regulatory and public affairs issues in the wireless industry. is the international association for the wireless telecommunications industry, representing carriers, manufacturers and wireless Internet providers. www.ctia.org |
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