Business

Who Is the Winner
by Jana Passova

FCC, Federal Communications Commission, exists since 1994. It is a company, which conducts auctions of licenses for electromagnetic spectrum. The auctions are open for every company or person who has a valid access. Latest wireless auction could be thought as the most profitable ever. The number of bids exceed a rate that the federal government would never expect. Five swaths of spectrum were sold for $15.64 billion, what means, that it outnumbers the highest record 14 %. The result is that a network for mobiles will be open to all devise and service. The bid for The C block, the bigger one, was $4.71 billion, what means a 2.3% over the FCC's $4.6 billion minimum price. The highest bid could come from Verizon Wireless. Verizon Wireless is owned by Verizon Communication and Vodafone Group. Or the other resource could be Google, famous Internet search titan. Now it could seem there are no bids for D blocks, what is another open-access part of spectrum. It was hold as a leeway for public safety agencies. According to the analysts the D block will have to be auctioned very soon. All this mystery around the C block action will bring new things. For example three of the five blocks that were auctioned will allow the owners step over traditional discretion. It brings new possibilities for users as well as for provider. It depends only on the winner what happen now. In case the Verizon is the winner it will be open hardware. Google will offer new services and applications for mobile equipment holders.Finally, it doesn't matter who is the winner. More important is the fact, how much money will be able to bring into new business.

by Jana Passova for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.

Edited by Federica Paddeu

Labels: Business, CantellTV, Chris Cantell, Christopher Cantell, digital broadcasting, SigEx Foundry, SigEx Telecom

posted by Blog TechSource @ 6:00 AM