Friday, March 6, 2009

Spectrum License Increase - New Bailout Bill

On page 132 of Obama’s 2010 proposed budget, a nice little section called the “Spectrum license user fee” addresses the levy upon which mobile network operators are taxed for their leasing of the public airwaves they hold. What this specific section describes is the tax will increase from $50 million in 2009 to $200 million in 2010, eventually hitting $550 million per carrier, per year. This, he says will raise right around $4.8 billion dollars over the next decade. I wonder who will end up footing the end of that bill.

This will be foot onto the customers, who will be paying the increase plus tax on increase prorated monthly (upfront).