FCC spectrum auction to fund payroll tax cut, public-safety network

Smartphone users could see a future of fewer dropped calls and zippier video and music downloads because of a government decision Friday to auction off a scarce resource: airwaves.

The massive sale of beachfront-property spectrum is expected to raise as much as $25 billion and help pay for a payroll tax cut. Providing the airwaves to private companies has the potential to enhance the services of existing wireless providers such as Sprint Nextel and Verizon Wireless, or even create new competitors altogether.

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