But on Wednesday M2Z informed the press that the FCC has told the company and its backers that the Commission is dropping the concept, and that is so:
"We gave careful and thorough consideration to the proposal, but ultimately determined that this was not the best policy outcome," Ruth Milkman, chief of the FCC's Wireless Bureau told us. "We remain vigilant in our efforts to facilitate the universal deployment and adoption of broadband, especially through the much-needed reform to the Universal Service Fund."
Needless to say, the news came as a disappointment to John Muleta, CEO of M2Z.
"The FCC's decision to delay the use of this valuable spectrum forgoes the consumer welfare and economic stimulus that would result from putting new spectrum into the marketplace," Muleta declared in a reaction statement.
"A new nationwide broadband entrant that provided a free broadband service would have created tens of thousands of direct and indirect jobs throughout the country," he added, "while giving all Americans an equal opportunity to participate in the digital economy. Despite the spectrum crisis facing the U.S. as documented by the FCC's National Broadband Plan, the AWS-3 spectrum will continue to lie fallow providing no economic value to American consumers."
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