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Article: New IPI Study: Free Nationwide Wireless Network Provider Risks Collapse and Taxpayer Bailout.
- Article from:
- Biotech Week
- Article date:
- October 8, 2008
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Proposals to hold a restricted auction to establish one national wireless provider risk creating a government-fashioned, government-favored firm in the tradition of Fannie Mae and Freddie Mac, says a new publication from the Institute for Policy Innovation (IPI) (see also Institute for Policy Innovation).
In the report, entitled "Should the U.S. Favor a Free Nationwide Wireless Network Provider?" IPI adjunct fellow and communications policy specialist Solveig Singleton says: "This kind of company would not be allowed to fail and therefore sets up a future bailout at taxpayer expense."
"The risk of failure is substantial... with little flexibility to ...