6
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

Inside Scoop: The heat over Verizon's spectrum deal

About Video Transcript

Inside Scoop: The heat over Verizon's spectrum deal

3:14 /

Wireless carriers and consumer advocates are hoping the FCC will restrict one of the biggest spectrum swaps in history. Senior writer Maggie Reardon chats with Bridget Carey about how the FCC's decision could impact your wallet.

I am reaching here is here with your CNET in -- -- at aunt chat we have Maggie Reardon. She is senior writer and often ask Maggie column. And you're busy explain. -- -- drama that's gone right now with spectrum in FCC basically Verizon wants me to deal with cable companies do little evidence that. Exchanging -- spectrum. And people -- -- and getting. Worried about whether FCC will approve this or not so why are you so worked up about this business deal. Well Verizon basically has a lot of spectrum already and the big concern is you know are they -- get too much it's it's kind of lake. I had a big university or company going into a neighborhood and in the area owned a lot of the real estate they're they're gonna buy up a whole bunch more and fears that they'll push outs -- -- little guys and put in a footlocker. You know -- store or something so. So that's that's the theory and Verizon could very well. Do that. But when Verizon and cable companies say is like what this is a private deal between two companies are between two entities here. But people on the other -- say wait a minute spectrum is is a public good. Hi we all don't miss the public -- this an FCC which is the agency it's fair to determine who gets to use this public good. Need to decide whether it's an interest and the public to do so so that's like what it is so sad that. So -- a little icy mountains and when -- interviews would there -- concerns. We'll miss some real David and Goliath kind of challenge for a man you know -- there's a lot of lobbying going on in Washington DC but you've got. Verizon which is is definitely bigger has a lot more money to spend you know I could AT&T and it -- camp two and you've got all these these little guys who -- just don't have. The sounds they don't have the cash to -- and they don't have the lobbying gravitas straits so. But they're all. Coming together you've even -- T-Mobile and sprint did her joining their rural carriers association to try it lobbying against the -- -- Actually -- have sprint and T-Mobile pocket kind of -- but even they are joining up to make sure that AT&T Verizon and when I got AT&T and Verizon which control over 70% of the market so T-Mobile and sprint aren't that. Well my issue and I can really be concerned question -- crying in the little guy doesn't get all the spectrum that Verizon -- just me aren't I still. Benefiting from -- be stronger and also having more choice with sprint and T-Mobile and AT&T. Well today we have competition but the fear is what happens when. We allow these companies to buy each other -- by each other spectrum and we get more more consolidation. And and we seeded bigger players forcing out these little guys -- you really don't. You don't -- to get to a point where you don't have competition look at cable. -- -- a lot of places it's expensive because people don't have competition but when you've got. Company like Verizon comes in and they offer bios or something like that time they start see prices -- Well it's interesting to see what decision they -- -- -- these are watching -- average here.

New releases

Luxury tech gifts
2:56 November 28, 2014
The hottest tech for the fattest wallets.
Play video
The Renault Megane 275 Trophy is a Lord of the Ring
8:56 November 27, 2014
When someone dared to take the FWD lap record at the Nürburgring away from Renault, the Frenchmen fought back. The result is the Megane...
Play video
How the Samsung Galaxy Note got its pen in CNET UK podcast 412
20:16 November 27, 2014
The Samsung Galaxy Note almost came with a toothpick, we're going back to "Jurassic World", and BT has its sights on O2 -- or maybe...
Play video
Apple looks to Virtual Reality
4:55 November 26, 2014
Apple is pursuing virtual reality harder than it ever has before. The iPhone 6 can play 4K video, and the best Black Friday deals for...
Play video
Olympus E-PL7's mainstream appeal
2:24 November 26, 2014
A good interchangeable-lens series for budding enthusiasts gets better.
Play video
Tomorrow Daily 093: Underwater cities, MST3K's new website, robot security guards and more
23:17 November 26, 2014
On today's show, we discuss a Japanese design firm's plans for a futuristic underwater city, the newest way to watch your favorite...
Play video
Sparing no expense, 'Jurassic World' features Gear smartwatch
2:56 November 26, 2014
Samsung products find a way into the latest "Jurassic Park" movie, Amazon launches Local Services, and Twitter tests coupon offers...
Play video
Tablet tips for traveling with kids
2:47 November 26, 2014
Learn how to use the tech you already have to entertain your kids during a long trip.
Play video