TV Broadcasters file lawsuit against FCC airwave auction
Aug 19 2014, 02:50 ET
The National Association of Broadcasters has filed a lawsuit against the FCC's plans to auction off airwaves stating that the plan will incur expense and harm coverage of TV stations.
The auction is set to take place next year, and will allow TV stations to take bids and sell their airwaves to meet the surging demand of mobile broadband.
The new lawsuit challenges the regulations stating that it doesn't fully protect broadcasters that don't participate in the auction.
Broadcasters say that they should not be forced into having their coverage area reduced or to pay out of pocket for the expense of moving their broadcast signal to a new frequency. http://seekingalpha.com/news/194139...awsuit-against-fcc-airwave-auction#email_link If it should be in different section please move it and I apologize!!
Aug 19 2014, 02:50 ET
The National Association of Broadcasters has filed a lawsuit against the FCC's plans to auction off airwaves stating that the plan will incur expense and harm coverage of TV stations.
The auction is set to take place next year, and will allow TV stations to take bids and sell their airwaves to meet the surging demand of mobile broadband.
The new lawsuit challenges the regulations stating that it doesn't fully protect broadcasters that don't participate in the auction.
Broadcasters say that they should not be forced into having their coverage area reduced or to pay out of pocket for the expense of moving their broadcast signal to a new frequency. http://seekingalpha.com/news/194139...awsuit-against-fcc-airwave-auction#email_link If it should be in different section please move it and I apologize!!