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Senator Questions Spectrum Sale: Crucial to U.S. Wireless Future
Senator Ted Cruz is expressing concerns over a plan by private investment firm Grain Management to acquire essential wireless spectrum from T-Mobile, which might experience deployment delays.
In a letter obtained by Reuters, Cruz urged the Federal Communications Commission to approve the deal only with firm deployment mandates. He emphasized the urgency of utilizing the spectrum to meet growing U.S. wireless demands.
Cruz highlighted that the valuable spectrum should be immediately deployed, warning against speculative holding that could undermine both economic and national security interests. He pointed out the recent surge in U.S. mobile data use as an argument for rapid deployment.
(With inputs from agencies.)