FCC Commish: Did Comcast Buy Airwave Spectrum Under “False Pretenses”?

FCC Commissioner Robert McDowell fired an unexpected shot at Comcast today as the regulatory agency invited the public to comment on a recent deal by the company and other operators to sell airwave spectrum they control to Verizon. Noting that Comcast’s CFO recently told analysts that the cable company never planned to built a business for the airwaves, McDowell asked: “Were they purchased under false pretences?” Federal law bars companies from warehousing spectrum. The deal with Verizon must be approved by the FCC and Justice Department before it can close. “Let’s be careful,” McDowell said at the 2012 International CES. “We want to be sure consumers have a disruptive and constructive marketplace….The commission has not done a good job of that in the past.” Another FCC Commissioner, Mignon Clyburn said that “we look at it on a case by case basis. …We’re not in isolation.” (more…)

This article was printed from https://deadline.com/2012/01/fcc-commissioner-did-comcast-buy-airwave-spectrum-under-false-pretenses-213433/