President Obama signed an initiative to nearly double the amount of available commercial and federal broadband spectrum for mobile devices, the White House reported. In a planned speech to the New America Foundation, a nonprofit, post-partisan think tank, White House economic adviser Lawrence Summers is expected to provide further details on the plan, which would release 500MHz of federal and commercial spectrum over a 10-year period.
The Presidential Memorandum is part of the broader approach to free up spectrum that also includes legislation to facilitate the transition. Administration has no official estimate of the auction revenues from this plan.
To read the original eWeek article, click here: Obama Initiative Would Double Broadband Spectrum