Verizon released a study by former FCC Chief...
Verizon released a study by former FCC Chief Economist Leslie Marx that argues that the FCC should not restrict bidding in the TV incentive auction (http://bit.ly/1evJAbs). “Unlike other filings with speculative claims that the FCC can impose restrictions on Verizon…
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and AT&T without reducing auction revenues, Dr. Marx’s study ... provides empirical evidence and state-of-the-art economic analysis that shows the upcoming incentive auction will be severely impacted by limiting the nation’s largest wireless providers’ ability to participate,” Verizon Vice President Tamara Preiss said on the carrier’s policy blog (http://vz.to/14qOl0d). “Instead, Dr. Marx’s findings suggest that restrictions could significantly reduce auction revenues.” Among Marx’s arguments are that without AT&T and Verizon in the mix, revenue in the 700 MHz auction would have been 45 percent lower and revenue in the AWS-1 auction 16 percent lower than actual results.