White House officials announced President Barack Obama’s plan to increase the amount of available commercial and federal broadband space in a memorandum scheduled to be signed today.
The plan will make 500 megahertz available over the next 10 years in reflection of the rising use of smartphones and other wireless devices. It also aspires to create jobs, raise funds to build an emergency network for public-safety workers and assist economic growth.
White House economic adviser Lawrence Summers released a statement on the hopes of the initiative.
“The president’s plan will nearly double the amount of commercial spectrum available to unleash the innovative potential of wireless broadband,” Summers said. “This initiative will catalyze private sector investment, contribute to economic growth, and help to create hundreds of thousands of jobs.”
The plan also includes an outlined legislation plan to administer the transfer of the spectrum.
The new broadband space will be auctioned off for mobile broadband use and funds will provide a nationwide mobile broadband network for public safety.