Where the Money Is 11.07.2014
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 7 November 2014
⏱️ 12 minutes
🧾️ Download transcript
Summary
FCC is having a tech auction! Sean O'Reilly and Nathan Hamilton give us the details as to why -- and how -- it's all gonna go down.
Transcript
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| 0:00.0 | Want your own cell phone network? Just show up with billions of dollars to the upcoming FCC auction. |
| 0:05.0 | All that and more on this edition of Where the Money is. |
| 0:08.0 | T.G. I am Sean O'Reilly with the one and only Nathan Hamilton on a |
| 0:16.5 | tech edition of where the money is and today we are talking about the |
| 0:20.0 | AWS 3 FCC auction for Spectrum. |
| 0:24.3 | Nathan? |
| 0:25.3 | Yeah, I don't know, we've made it a good time last time. |
| 0:28.6 | Yeah, we can geek out today. |
| 0:30.8 | A little bit. |
| 0:31.8 | So first and foremost, for our listeners that have |
| 0:34.4 | no idea what we're talking about, what are we talking about? So we're |
| 0:37.8 | talking wireless carriers and spectrum. And essentially, you know, why it's important. |
| 0:44.0 | What's happening on November 13th is, it's not a once in a lifetime auction, but the FCC is auctioning |
| 0:50.1 | off more spectrum. |
| 0:51.9 | And what this means is essentially T-Mobile, Sprint, Verizon, |
| 0:57.2 | what did I forget the other fourth one? I don't know any of them. |
| 0:59.6 | Yeah. |
| 1:00.6 | T-Vizon. Oh, T-Mobile you said them? |
| 1:01.6 | Yeah, 18-T. |
| 1:02.7 | There you go. |
| 1:03.7 | Gee. Essentially, they're going to be competing 4 spectrum |
| 1:06.6 | along with 66 other bidders across the country. |
... |
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