Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: FRIDAY, May 7, 1993 TAG: 9305070009 SECTION: NATIONAL/INTERNATIONAL PAGE: A-3 EDITION: METRO SOURCE: DATELINE: WASHINGTON LENGTH: Short
The space would be used by industries developing new wireless computers, telephones, faxes and other communications systems.
The Federal Communications Commission now issues licenses to broadcasters and other users through a lottery system, charging only nominal application fees.
But the Clinton administration has estimated that $7 billion could be raised if new space on the airwaves was transferred from government to private use and auctioned to the highest bidders.
The bill now goes to the full Energy and Commerce committee for a vote. - Associated Press
by CNB