Washington – The auction of underutilized broadcast spectrum
by the Federal Communications Commission (FCC) could produce more than $33
billion in net proceeds for the U.S. Treasury, according to a study conducted
by mobile industry trade group CTIA and the Consumer Electronics Association.
"With support from the U.N. and thanks to the efforts of President Obama,
the FCC, the NTIA and numerous policymakers, it’s clear there’s a recognition
that our industry needs more spectrum so we can remain the world’s wireless
leader," said CTIA head Steve Largent. "Our members are willing to
spend billions to purchase unused or underutilized broadcast spectrum to fuel
the ‘virtuous cycle’ of innovation and competition."