At the most recent Economic Club event, Julius Genachowski, Chairman of the Federal Communications Commission (FCC), participated in a discussion with Club President David M. Rubenstein at a luncheon meeting. In a wide-ranging dialogue that covered most of the major telecommunications issues in which the FCC currently is engaged, FCC Chairman Julius Genachowski and Economic Club President David M. Rubenstein focused especially on the topic of spectrum demand and supply.
“Our wireless agenda – our spectrum agenda – is a high priority for us,” Chairman Genachowski told the audience. “The reason it’s so important is that, around the world, it’s not our little secret that mobile is the future. And countries around the world understand that there is economic growth, there is job creation, there is innovation in the future of mobile. Many countries see it as possible to leap-frog technologies if you can go straight to wireless.”
Excerpts from Event
“When I meet with my counterparts in other countries, I see a real focus on the mobile future. It’s one of the reasons that we’re spending so much time on incentive auctions. The costs of delay are very high, not only for consumer frustration and investment in the United States, but because we’re playing with fire. We’re playing with the fire that we could see the great American-based innovation companies that right now are doing so much in this space decide that the opportunities for developing and rolling out new products are someplace else.” ~ The Honorable Julius Genachowski, Chairman, Federal Communications Commission