WASHINGTON, D.C. (February 3, 2015): The Multicultural Media, Telecom and Internet Council (MMTC) congratulates the Federal Communications Commission for its AWS-3 spectrum auction, which has been the most successful auction to date in U.S. history. The auction netted over $41 billion that will be used to fund the first nationwide public safety network and contribute to significant reduction of the national debt. The auction also increased diversity of spectrum ownership and competition in the wireless industry – two important policy goals that MMTC has long championed. After further review of the record, MMTC will comment on the auction results.
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About MMTC:
The Minority Media and Telecommunications Council (MMTC) is a non-partisan, national nonprofit organization dedicated to promoting and preserving equal opportunity and civil rights in the mass media, telecommunications and broadband industries, and closing the digital divide. MMTC is generally recognized as the nation’s leading advocate for minority advancement in communications.
