| free stuff Sounds like M2Z wants the government to give them something very valuable for free with the promise of payments sometime in the future. And they're surprised the government isn't jumping at the chance? |
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| said by footballdude:Sounds like M2Z wants the government to give them something very valuable for free with the promise of payments sometime in the future. And they're surprised the government isn't jumping at the chance? That is what I got out of it. They want the government to take all the risk and their stockholders to get a free ride. Why isn't all the anti-corporate crowd jumping on M2Z for trying to get a free ride?
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said by footballdude:Sounds like M2Z wants the government to give them something very valuable for free with the promise of payments sometime in the future. And they're surprised the government isn't jumping at the chance? You are right... They government should hold an auction for this spectrum and let smaller providers try and pick up the spectrum to do this...
Oh wait, that's right, they tried that once. The FCC setup an auction of spectrum just for small businesses and guess what... ATT, Verizon and the other incumbents set up a bunch of small front companies to bid on the spectrum and won. Now they control the spectrum...
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| reply to footballdude
There is nothing wrong with this business plan as virtually all businesses are started with a "loan" that will require repayment. There is virtually no cost involved to the FCC to give this spectrum away to begin with so......
If this company fails, then the spectrum goes back to the FCC. Keep in mind, they aren't buying the spectrum, they are buying a lease to it and if they can't meet the conditions needed or are unable to utilize it as it should be used for public interest it is the governments and our right to take it back from them.
As pointed out before, the FCC is nothing but a government front for the big Telco's and when the planets are aligned they are the same for the cable companines. |
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