Cell Phone Mania Forces Scramble For More Airwaves
WASHINGTON (AP) ¿ Wireless devices such as Apple's iPhone are transforming the way we go online, making it possible to look up driving directions, find the nearest coffee shop and update Facebook on the go. All this has a price ¿ in airwaves.
As mobile phones become more sophisticated, they transmit and receive more data over the airwaves. But the spectrum of wireless frequencies is finite ¿ and devices like the iPhone are allowed to use only so much of it. TV and radio broadcasts, Wi-Fi networks and other communications services also use the airwaves. Each transmits on certain frequencies to avoid interference with others.
Now wireless phone companies fear they're in danger of running out of room, leaving congested networks that frustrate users and slow innovation. So the wireless companies want the government to give them bigger slices of airwaves ¿ even if other users have to give up rights to theirs."Spectrum is the equivalent of our highways," says Christopher Guttman-McCabe, vice president of regulatory affairs for CTIA-The Wireless Association, an industry trade group. "That's how we move our traffic. And the volume of that traffic is increasing so dramatically that we need more lanes. We need more highways." That won't happen without a fight. Wireless companies are eyeing some frequencies used by TV broadcasters, satellite-communications companies and federal agencies such as the Pentagon. Already, some of those groups are pushing back.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV