FCC Broadcast buyback program..?
Fri Dec 18 20:18:08 EST 2015
<<On Fri, 18 Dec 2015 18:59:25 -0500, "Ted Larsen" <email@example.com> said:
> I'm confused. Who is going to pay for all this. The government or
> the cable providers?
Neither. The wireless companies (Verizon, AT&T, Sprint, and T-Mo) are
going to pay for it. The government will use part of the revenue from
selling off the spectrum to pay off the broadcasters.
Which of course means that you'll end up paying for it, one way or
another. (But Congress has already budgeted in fairly optimistic
profits for this whole business.)
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