Verizon's McAdam urges Congress to take hard line on spectrum bidding credits, curb FCC's net neutrality rules
By Phil Goldstein
Verizon Communications CEO Lowell McAdam wants Congress to take a tougher stance on rules governing bidding in spectrum auctions, and called out Dish Network in particular for its bidding strategy in the AWS-3 auction. In a letter to key lawmakers, McAdam also urged Congress to be more proactive in regulating telecommunications, curb the FCC's recently approved net neutrality rules and rewrite and update the Telecommunications Act.
In a letter to the Republican chairmen and Democratic ranking members of the Senate and House commerce committees, McAdam focused in part on the FCC's "designated entity" program, which is designed to ensure that small, rural and minority-owned businesses can compete with large companies in auctions.