Posted by: AT&T Blog Team on May 4, 2012 at 3:28 pm
In case you missed it, the Progressive Policy Institute this week held a conference here in Washington at the National Press Club on the economic implications of the wireless boom. AT&T’s Jim Cicconi delivered remarks that focused on the outdated regulations that stand to affect the growth and innovation of the wireless market. Check out the videos below to hear more from Jim on modernizing current communications laws to better fit the ever changing marketplace, and other panelists talking about the wireless boon.
Here, Jim talks about how the regulatory structure in this country is designed to oversee a wireline voice monopoly, which does not exist today.
And here, Jim talks about how the Telecom Act is out of date and that there’s a need to take a fresh look at modernizing the function of the FCC as well.
Roger Enter of Recon Analytics discusses his new study, “The Wireless Industry: The Essential Engine of U.S. Economic Growth,” and the impact the wireless industry has on job creation and GDP.
Tom Hazlett, Professor of Law & Economics at the nearby George Mason University, talks about the wireless innovation wave and that it is just beginning.
Mike Mandel, Chief Economic Strategist of the Progressive Policy Institute, addresses how while investment by the government has been falling in recent years, investment by wireless providers is very strong. Are they “investment heroes”?
Posted by: AT&T Blog Team on February 2, 2012 at 12:23 pm
As reported in today’s Communications Daily, former FCC Chairman Reed Hundt concedes Commission mistakes in the spectrum auction that involved NextWave, yet he is still pushing for FCC discretion in future spectrum auctions. The following may be attributed to Jim Cicconi, AT&T Senior Executive Vice President of External & Legislative Affairs:
“As Reed admits, Congress gave the FCC discretion in the PCS C Block auction, and it used that discretion in a way that resulted in an auction that was a disaster for the industry and for the Treasury. And the flaw, in our view, was not simply a function of installment payments. It was the decision to have a closed versus an open auction. Our point is that an auction should be open to all competitors, not just to those hand picked by the FCC. Reed was a good and diligent chairman, and it’s characteristic of him that he’d acknowledge a mistake. But Congress has every right to learn from those mistakes, and to insist the FCC not repeat them. That’s what the House spectrum bill does. The FCC should get behind it and put the interests of the country first so that we can quickly move forward to address the looming spectrum crisis that we all agree is the biggest threat to innovation, job creation and growth for the wireless industry.”
Posted by: AT&T Blog Team on February 1, 2012 at 12:41 pm
Jim Cicconi, AT&T Senior Executive Vice President of External & Legislative Affairs, responds to comments made by former FCC Chairman Reed Hundt regarding spectrum auctions:
“Despite Reed Hundt’s recollection, the FCC’s track record on auctions is not an unbroken string of successes. In fact, Hundt’s tenure saw perhaps the biggest single fiasco of this sort, the PCS C Block auction. In that situation, the FCC used its discretion in a way that set aside valuable spectrum for ‘designated entities’, and excluded otherwise qualified companies from bidding. Over half of the 493 licenses from that auction were later returned to the government for non-payment, and the licenses of the largest winner, NextWave, were tied up in bankruptcy litigation for years. In that case, the FCC’s use of its ‘discretion’ ended up costing the U.S. Treasury billions, and left vitally needed spectrum unused for years.
“No one is suggesting the FCC’s conduct of auctions be micro-managed. But Congress – not the FCC – sets policy, especially when it directly impacts revenue needed for deficit reduction. And there is no more fundamental policy point than whether a spectrum auction should be open or closed. Congress has every right to tell the FCC it should not be picking winners and losers in the wireless market, or using its ‘discretion’ to tilt the playing field. We need open auctions where every competitor has a fair chance to participate, and that is what the House bill provides.”