The PCS C Block Mess

While the Federal Communications Commission auctioned and assigned PCS A and B block licenses in 1995, America still waits for service in the C block. Auctions in 1996 allowed C license winners to extend payments for ten years at below–market interest rates. The result was a series of defaults, regulatory...

The allocation of techno-friendly "beachfront property" is expected to usher in a new era of innovation in wireless communications.

What kind of regulatory environment would best encourage telecom investment and protect U.S. consumers?

What kind of regulatory environment would best encourage telecom investment and protect U.S. consumers?

A major European Commission report due out this spring will sketch policies to allow frequency trading, a once-revolutionary idea now elevated to conventional wisdom.

The move to more frequent disclosure of portfolio holdings by investment companies is laudable,but the reporting interval should be even more frequent.