DISH Network, whose co-founder is a major Democratic donor, cashed in on a $3.3 billion taxpayer-funded discount to purchase wireless licenses from the Federal Communications Commission (FCC) on Friday.The great moments of the rent-seeking society.
Using subsidiaries to capitalize on an FCC designation designed to help small businesses, DISH was able to purchase nearly half of the wireless licenses sold at the government auction, known as AWS-3. The satellite cable television company currently does not offer cellular service.
DISH secured $13.3 billion in wireless spectrum at the auction by bidding through smaller companies that qualify for the FCC’s “designated entity” program (DE), which is intended to foster competition by allowing smaller and minority businesses to compete. DE companies, which have less than $15 million in revenue, receive discounts when bidding for wireless licenses.
DISH will only have to pay roughly $10 billion due to the discounts, which are subsidized by the government.
Tuesday, February 03, 2015
DISH Manipulates Federal Rules, Gets Billions in Discounts for Wireless Licenses .Chairman and co-founder of DISH a billionaire Dem donor
The Washington Free Beacon reports: