tag:blogger.com,1999:blog-13771677.post2248167864710349647..comments2023-09-03T17:20:49.284+01:00Comments on prism: The $Billion Wireless Study No One KnowsJ.http://www.blogger.com/profile/17429814128254125482noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-13771677.post-63738523278638670382009-05-21T13:11:32.558+01:002009-05-21T13:11:32.558+01:00Actually, the "without a penny of subsidy" is only...Actually, the "<I>without a penny of subsidy</I>" is only correct as "<I>without a penny of <B>direct</B> subsidy.</I>"<br /><br />1) The proposal would reduce the value of spectrum (by making it more costly due to adding marginal coverage that appears to not be profitable).<br /><br />2) This would in turn reduce the amount that is bid on spectrum auctions (as the NPV of the spectrum is lower atJodyhttps://www.blogger.com/profile/16470033066493529625noreply@blogger.com