In <1ku8o313cslnqlsuglctsi1aphcsvs700u@4ax.com> John Navas <spamfilter1@navasgroup.com> writes:
[ snip ]

>>This was setup by the big boys to keep the little guys from bidding....same
>>as Broadcasting. Big corporations with BIG, DEEP pockets full of money for
>>political hacks to be paid from is all Washington is about.

>Not so:
>* Auctioning spectrum ensures the most efficient use of that spectrum.
>* Up front cash is just prudent auction practice, to avoid disruption of
>the auction process by those that can't really afford to bid.

or... to prevent a repeat of the debacle with NextWave,
which bid oodles of money last time around, didn't pay up,
and somehow got the US Supreme Court to rule that they
still "owned" the unpaid for frequencies.


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