{"id":12295,"date":"2011-12-07T17:27:03","date_gmt":"2011-12-07T22:27:03","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=12295"},"modified":"2011-12-08T14:52:54","modified_gmt":"2011-12-08T19:52:54","slug":"verizoncomcast-commercial-spectrum-deal-demonstrates-market-at-work","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/12295\/verizoncomcast-commercial-spectrum-deal-demonstrates-market-at-work\/","title":{"rendered":"Verizon\/Cable Commercial Spectrum Deal Demonstrates Market at Work"},"content":{"rendered":"<p>While federal bureaucrats dither, the ever-evolving telecom market continues to move at warp speed.\u00a0 As Holman Jenkins of <em>The Wall Street Journal<\/em> <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052970204903804577082161265202628.html?mod=ITP_opinion_0\" target=\"_blank\">observed<\/a>, &#8220;The half life of regulatory know-it-allism gets shorter and shorter.&#8221;<\/p>\n<p>Under an <a href=\"http:\/\/blogs.wsj.com\/deals\/2011\/12\/02\/analysts-react-verizon-just-made-a-brilliant-move\/?KEYWORDS=verizon+spectrum+comcast\" target=\"_blank\">agreement announced last week<\/a> to rave reviews, Verizon will pay $3.6 billion for 20 MHz of\u00a0 unutilized spectrum on which Comcast, Time Warner and Bright House Networks &#8211; collectively part of the SpectrumCo joint venture &#8211; were sitting.\u00a0 As part of the agreement, Verizon will also offer cable television services for those entities while they can in turn resell Verizon&#8217;s wireless service.\u00a0 But here&#8217;s the takeaway point of it all.\u00a0 Spectrum is the critical conduit by which wireless technology operates, and this cooperative accord will more promptly make idle spectrum available for consumer use via such cutting-edge devices as tablets and smartphones.\u00a0 By way of contrast, it would take years under even the rosiest scenarios before Congress and federal regulators got around to making desperately-needed spectrum available for consumer use.<\/p>\n<p>With consumer demand continually placing greater demands upon finite capacity, this deal will increase wireless <a href=\"http:\/\/www.forbes.com\/sites\/ericsavitz\/2011\/12\/02\/verizon-wireless-buying-spectrumco-licenses-for-3-6-billion\/\" target=\"_blank\">breathing room<\/a>.\u00a0 In so doing, it will thereby ensure better customer service and open more doors to foreseeable and unforeseeable innovations.\u00a0 It&#8217;s a win for consumers, and it once again illustrates the possibilities that markets provide when we allow them to operate more freely and cooperatively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While federal bureaucrats dither, the ever-evolving telecom market continues to move at warp speed.\u00a0 As Holman Jenkins of The Wall Street Journal observed, &#8220;The half life of regulatory know-it-allism gets shorter and shorter.&#8221; Under an agreement announced last week to rave reviews, Verizon will pay $3.6 billion for 20 MHz of\u00a0 unutilized spectrum on which [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3229,3228,2309,2573],"class_list":["post-12295","post","type-post","status-publish","format-standard","hentry","category-posts","tag-comcast","tag-spectrum","tag-verizon","tag-wireless"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/12295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=12295"}],"version-history":[{"count":5,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/12295\/revisions"}],"predecessor-version":[{"id":12316,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/12295\/revisions\/12316"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=12295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=12295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=12295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}