Inside Scoop: The heat over Verizon's spectrum deal
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Inside Scoop: The heat over Verizon's spectrum deal3:14 /
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.