Comments on: Gabelli Loses $130M, Gambles More on Spectrum http://gigaom.com/2006/07/14/spectrum-auction/ Trusted Insights and Conversations on the Next Wave of Technology Thu, 26 Nov 2009 02:03:27 +0000 http://wordpress.com/ hourly 1 By: Jesse Kopelman http://gigaom.com/2006/07/14/spectrum-auction/#comment-57192 Jesse Kopelman Tue, 18 Jul 2006 18:01:56 +0000 http://gigaom.wordpress.com/2006/07/14/spectrum-auction/#comment-57192 <p>The punch line to all of this is that the FCC knew full well that this was going on during the PCS auctions and didn't really care, since the revenues were better than expected. DG Lewis, does that answer your question?</p> The punch line to all of this is that the FCC knew full well that this was going on during the PCS auctions and didn’t really care, since the revenues were better than expected. DG Lewis, does that answer your question?

]]> By: Mark Petrovic http://gigaom.com/2006/07/14/spectrum-auction/#comment-57189 Mark Petrovic Fri, 14 Jul 2006 19:42:33 +0000 http://gigaom.wordpress.com/2006/07/14/spectrum-auction/#comment-57189 <p>$130M is not a lot of money. </p> <p>Until the penalty reaches a dollar amount that can truly set the lawbreakers back, it will be considered the cost of doing business. "The law be damned; we can literally afford to break it. (Or more to the point, we cannot afford not to break it)". This is not the first time we've seen this math done in the industry in the last 20 years.</p> $130M is not a lot of money.

Until the penalty reaches a dollar amount that can truly set the lawbreakers back, it will be considered the cost of doing business. “The law be damned; we can literally afford to break it. (Or more to the point, we cannot afford not to break it)”. This is not the first time we’ve seen this math done in the industry in the last 20 years.

]]> By: DG Lewis http://gigaom.com/2006/07/14/spectrum-auction/#comment-57186 DG Lewis Fri, 14 Jul 2006 18:07:42 +0000 http://gigaom.wordpress.com/2006/07/14/spectrum-auction/#comment-57186 <p>Does anyone know why the FCC is either so close-mouthed on who actually controls bidders and licensees, or allows bidders and licensees to conceal their actual ownership so much? I dare say I can find my way through the FCC licensing and auction database as well as anyone for whom it's not a full-time job, and trying to piece together who actually owns licenses is by no means straightforward.</p> Does anyone know why the FCC is either so close-mouthed on who actually controls bidders and licensees, or allows bidders and licensees to conceal their actual ownership so much? I dare say I can find my way through the FCC licensing and auction database as well as anyone for whom it’s not a full-time job, and trying to piece together who actually owns licenses is by no means straightforward.

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