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FCC Chairman Julius Genachowski’s goal of providing 500 MHz of ne...

FCC Chairman Julius Genachowski’s goal of providing 500 MHz of new spectrum for wireless broadband over the next 10 years (CD Feb 25 p1) would benefit wireless infrastructure companies, such as American Tower, Crown Castle, SBA Communications, Alcatel Lucent,…

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Ericsson, Ciena and Tellabs, said Washington Research Group analyst Paul Gallant in a research note. Flexibility to sell excess spectrum through a mobile futures auction “should be good for local TV stations, although there is no indication yet of precisely what share of the auction proceeds broadcasters would actually capture,” Gallant said. The potential losers are rural local exchange carriers, he said. “Genachowski said the universal service fund would not grow larger and yet the FCC would do more with it potential risk for RLECs,” the note said. “But Genachowski did not mention intercarrier compensation, a key source of RLEC subsidies. So important elements remain unclear.”