I think small business credits should be for small business only. No BS shell companies that are small not owned or funded by big companies. Congress needs to open an investigated and pass
Legislation that fines company's 5 times there savings and also need to do clawbacks for passed auctions.
My small business was in the past H-Block we lost. The worst part is a company not to point fingers is now sitting on it and doing nothing with it. We would have built a LTE network and provided Internet to rural folks we only bid for one area in Kentucky. There needs to be new rules use your won spectrum in 3 years or lose it.
I agree and disagree.
Agree:
-New legislation closing this loophole should be passed.
Disagree:
-Congress should open an investigation and recoup the money from past auctions. --> What was done in past auctions was done per the rules at the time, changing them retroactively is extremely problematic. Since Dish followed the established rules, what's the point of wasting money on a Congressional investigation? Loophole is identified, just close it.
-There needs to be new rules use your won spectrum in 3 years or lose it. --> I don't think that would work nationally. Sure it would work locally if the company has only one market to build out. But can you imagine the cost of trying to build out across hundreds of licenses nationally? That is an extremely aggressive timeline that I'm not even sure ATT and Verizon could meet. That said, I do agree that getting the spectrum put to beneficial use sooner is better. I'm just not sure your proposed timing works.