Regulators Reject Plan for Free Wireless Broadband Network

Federal regulators are shooting down a proposal by a startup called M2Z Networks to build a free, nationwide wireless broadband network using a spare slice of airwaves.

The Federal Communications Commission on Wednesday said it has rejected M2Z's request that the agency demand that the winner of an auction for the radio spectrum provide free Internet service to anyone who connects to it.

The FCC didn't explain its rejection, but established wireless carriers have complained that use of the spectrum could interfere with their own services in adjacent bands.

Increase your money and finance knowledge from home

Basics Of The Stock Market

Stock Market 101 - everything you need to know but were afraid to ask!

View Course »

Intro to different retirement accounts

What does it mean to have a 401(k)? IRA?

View Course »

Add a Comment

*0 / 3000 Character Maximum

1 Comment

Filter by:


September 02 2010 at 2:05 AM Report abuse -1 rate up rate down Reply