Tuesday, November 16, 2004

Can You Hear Me Now?

A huge windfall for Nextel at your expense. The FCC voted 5-0 for a plan that would swap airwave spectrum with Nextel Communications at a below market price. The move is supposed to correct an "interference" problem. But it was Nextel that created the problem in the first place. The solution allows Nextel to swap $1.2 billion worth of spectrum for a better slice of the pie valued at as much as $7 billion. (Citizens Against Government Waste)

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