Comments on news posted 2008-03-25 09:48:09: In the recent 700Mhz auction, Cox Communications won 14 Block A and eight Block B licenses for bids totaling roughly $304 million. ..
Would a portion of this spectrum be used for wireless point to point broadband. I know they have been dabbling with this in Phoenix to provide HSI is areas they haven't run fiber/coax yet. Particularly in subdivisions still under construction.
All companies, public and private, must be concerned about their earnings and share price. Their profitability and EPS affects their ability to attain capital.
Hence why the article says as much. Obviously companies want to make as much money as possible, but without having to worry about whiny ass'd shareholders, they are able to take a risk that should bode well for them in this case.
Point to point possibilities
dslreports editor needs an MBA