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• EchoStar's strange interest in spectrum

  Posted Dec 05 2007, 03:30 AM by Kim Peterson
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  Filed under: EchoStar, wireless
  Money Blog: Top Stocks Blog - MSN Money

  Someone tell me why EchoStar Communications might bid for a chunk of the wireless spectrum the government is auctioning at the end of January. According to TheStreet.com, a Lehman Brothers research note said the satellite TV company filed plans to bid with the Federal Communications Commision on Monday. The FCC will reveal the full list of bidders later this month.

  This is prime spectrum that can carry signals far, and has some powerful wireless broadband uses. See PCWorld's useful primer on the subject for more information. A bidder might want to build a massive high-speed data network that competes with cable and phone companies. The spectrum can be used for cellphone traffic, too.   Read More...

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