Time Warner Considers Wireless Bid

By the Betanews Staff | Published May 10, 2006, 12:32 PM

While it does not mean the company will end up bidding, Time Warner Cable said Wednesday that it would register with the Federal Communications Commission to participate in a wireless auction slated to begin next month. The company's chief executive Glenn Britt made the announcement at a meeting of investors, saying, "we're evaluating whether it would make sense for [us to bid on] wireless spectrum."

The auction, which begins June 29, is expected to raise some $8 to $15 billion for the federal government. The frequencies reside in the 1710-1755 Megahertz and 2110-2155 Mhz bands -- the same that are required for third-generation wireless technologies such as UMTS. Several companies, most notably T-Mobile USA, are looking at the auction to help launch their high-speed data services.

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It may make sense simply from an investment point of view, with an eye on reselling the spectrum in the future as the wireless bandwidth becomes more saturated.

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Whahaha Aliens are communicating to earth on 2147 Mhz, Time Warner won the bid, So if you wanna talk to aliens you will have to pay Time Warner

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The airwaves belong to everyone. You cannot sell them to ANYONE. When will our goverment start abiding by its own laws again? I'm sure it did at one time...didn't it?

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You're kidding, right?

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The government cannot regulate bandwidth allocation? Where did you come up with that one?
Did you just finish reading "Touch the Earth" for a class assignment!?

ROFLMAO ;-)

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Yes, Bozos, BID!!!!!!!!!!!!!!!!!!!!!

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