Filed under: Misc
There’s no easy answer to erasing a staggering trillion-plus dollar deficit in a federal budget, but you’ve got to start somewhere — and Obama’s looking at the nation’s wireless carriers as cash cows just waiting to be milked. The President’s proposed budget for 2010 calls for an increase in spectrum license user fees from $50 million to $200 million, with further increases to $550 million over the course of the next decade, all of which would be on top of the billions carriers have already shelled out in spectrum auctions. A good way to bring in some extra cash? Yeah, probably, but considering that carriers will be more than happy to pass the increases on to consumers, let’s just be straight: it’s a tax.
[Via El Reg]
Obama’s proposed 2010 budget juices carriers for more cash originally appeared on Engadget Mobile on Sat, 28 Feb 2009 10:41:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | Comments
Original post by Chris Ziegler
Related posts:
- ZTE Tania arrives in the UK: a budget phone for budget buyers ZTE’s showing off its new global ambitions, the OEM-smartphone maker...
- Sprint says its NFC-based payment service will launch this year, beat other carriers to the cash register AT&T, T-Mobile and Verizon may have all lined up to...
- AT&T’s proposed spectrum transfer mapped out in T-Mobile magenta Wondering what AT&T’s proposed spectrum transfer would mean for T-Mobile?...
- AT&T and Verizon lobby for less FCC spectrum control, Sprint and other carriers respond Since 1993, the FCC has held the ability to restrict...
- France to auction off 4G spectrum, carriers ready to get their bid on If you have a few billion euros hiding in your...
Related posts brought to you by Yet Another Related Posts Plugin.
