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  1. #1
    Feed Bot CU-News's Avatar
    Reputation 31
    Join Date
    Oct 2010

    FCC's spectrum auction powers threatened in Congress, as Sprint, T-Mobile, and ... -


    FCC's spectrum auction powers threatened in Congress, as Sprint, T-Mobile, and ...

    The Verge
    In other words, the changes would award the most powerful carriers with uninhibited access to new wireless spectrum, provided they have the cash to secure it. In a joint letter to Congress, Sprint, T-Mobile, Cricket, and others say that "stripping the ...

    AT&T, Competitors Spar Over FCC Legislation

    Wireless Week

    Smaller cell carriers urge Congress to give FCC flexibility in spectrum auctions

    The Hill (blog)

    Wireless CEOs want FCC auction authority preserved



    National Journal


    all 82 news articles »


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  3. #2
    Points: 906, Level: 16
    Overall activity: 1.0%
    Dewmik's Avatar
    Reputation 11
    Join Date
    Feb 2012
    Loveland, Colorado
    Ascend 2

    This is an economic nightmare for the Obama administration right now. Its called the Bertrand paradox. Its where a small number of people (in this case ATT, SPCS, VZW, and T-Mob) apply the Nash Equilibrium (IE: SPCS to VZW, We agree we won't bid more then this but no less then this price). While the smaller group are forced to use Correlated equilibrium, basically a game of chicken.
    Basically the idea for the small group is to avoid the Winners Curse, (paying more for something then its worth), but it forces the smaller individuals into avoiding the same with lower bids for less option.



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