FCC: Spectrum auction could be worth $120 billion due to ‘iPad boom’

Apple Online Store“The FCC late Thursday put out a forecast for the wireless future that pointed to spectrum auctions being much more expensive in the future,” Electronista reports.

“The US agency expected 3G and 4G data to surge 35 times higher in the next five years and need another 300MHz of spectrum that would cost $120 billion,” Electronista reports. “The value is more than twice as much as what was paid for extra frequency access in 2008.”

Electronista reports, “Chairman Julius Genachowski suggested that the increase in use might be conservative, since the results that underpinned the conclusion appeared ahead of the ‘iPad boom,’ he said.”

Read more in the full article here.

[Thanks to MacDailyNews Reader “James W.” for the heads up.]

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