WASHINGTON, Jan. 29, 2015 /PRNewswire-USNewswire/ -- Please attribute the following statement to CTIA-The Wireless Association® President and CEO Meredith Attwell Baker:
"The AWS-3 auction is the highest-revenue generating auction in the 20 year history of FCC spectrum auctions, and with the last major auction six years ago, this reflects wireless companies' demand for this finite resource to meet Americans' growing mobile broadband usage. With nearly $45 billion in bids – and billions more in capex – this auction is yet another illustration of the significant economic impact that exclusive, licensed use spectrum provides taxpayers and the U.S. economy. We thank Congress, the Administration and the FCC for auctioning 65 MHz of spectrum that will greatly benefit U.S. consumers.
"As we've highlighted many times before, this is only the first step to unlock more mobile investment and benefits. A reinvigorated search to identify, clear and reallocate spectrum needs to begin today to meet the data demands of 2020, our connected lives and tomorrow's 5G networks. As reports have shown, by meeting the goal for freeing up 500 MHz by 2020, wireless companies will create at least 350,000 new jobs in America and more than $166 billion for the U.S. GDP."
CTIA-The Wireless Association® (www.ctia.org) is an international organization representing the wireless communications industry. Membership in the association includes wireless carriers and their suppliers, as well as providers and manufacturers of wireless data services and products. CTIA advocates on behalf of its members at all levels of government. The association also coordinates the industry's voluntary best practices and initiatives, and sponsors the industry's leading wireless tradeshow. CTIA was founded in 1984 and is based in Washington, D.C.
SOURCE CTIA-The Wireless Association