Proposed Budget Includes New Spectrum Fees
Feb 26, 2009, 12:47 PM by Rich Brome
The outline 2010 federal budget proposed today by the Obama administration includes significantly higher annual fees for holders of radio spectrum licenses, including cell phone companies. The fees would increase from $50 million/year now to up to $550 million/year over the course of the next decade. These fees are in addition the up-front license fees paid in auctions to reserve exclusive use of the spectrum. The current proposal is only an outline and a starting point; a more detailed budget proposal will be released in the spring. The goal of the increased fees is to help halve the budget deficit by 2013.
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This will send ripples threw the entire industry.
More Expensive Services?
Would this then mean that they will charge the customers more to make up for the extra costs?
Depends on who "they" are. The wireless companies likely won't increase their monthly rates. You will...