Limiting Verizon Wireless and AT&T participation in the...
Limiting Verizon Wireless and AT&T participation in the incentive auction of broadcast TV spectrum will inevitably mean lower revenue from the auction, said Phoenix Center Chief Economist George Ford in a paper released by the group Tuesday. “At this stage…
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of the industry’s evolution, costly interventions to serve bureaucratic preferences for unsustainable market structures are difficult to justify,” Ford wrote. “The upcoming voluntary incentive auction for broadcast spectrum will be the most complicated ever implemented for spectrum allocation,” the paper concludes (http://bit.ly/13UrZ4B). “Establishing rules that exclude or limit the participation of the two largest mobile wireless carriers will only add to the complexity, and ... the bidder restrictions are near certain to lower auction revenues."