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WWII World Of Wireless International Telecom Inc (CE)

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27 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
World Of Wireless International Telecom Inc (CE) USOTC:WWII OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 00:00:00

WiFi Wireless Inc. Network & Telecommunications (OTC: WFWL) "Public Spectrum Expansion by the FCC Is Good for Our Bus. Model,...

03/04/2014 9:30am

Marketwired


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WiFi Wireless Inc. Network and Telecommunications (OTC: WFWL) "Public Spectrum Expansion by the FCC Is Good for Our Business Model," WiFi Wireless, Inc. CTO Ted Abrams Said, While Commenting on the Recent FCC Order That Allocates an Additional 100 MHz of Spectrum for Public Use

LOS ANGELES, CA--(Marketwired - Apr 3, 2014) - WiFi Wireless Inc. Network and Telecommunications (PINKSHEETS: WFWL) "Public spectrum expansion by the FCC is good for our business model," WiFi Wireless, Inc. CTO Ted Abrams said, while commenting on the recent FCC order that allocates an additional 100 MHz of spectrum for public use.

"Residents of cities working with us will be among the first to benefit from the announcement this week by the FCC that expands Wi-Fi in the 5 GHz band, namely 5.15-5.25 GHz, using the 802.11ac standards. WiFi My City puts public spectrum, like this 100 MHz allocation, to the highest and best use. Before this announcement by the FCC, WiFi Wireless' roadmap already incorporated more emphasis on 5.8GHz utilization, anticipating the continuing evolution of public policy and technology."

The FCC announcement gave us 100MHz additional spectrum to work with. This one spectrum allocation to us is 5 times bigger than all the FM stations in the nation, combined.

AT&T, Verizon, Sprint, T-Mobile, and a group of rural carriers "own" spectrum via commercial licenses that the FCC granted, or sold at auction to those operators.

"Unlicensed spectrum" is public spectrum.

"License-exempt spectrum" is public spectrum.

We use public spectrum. That means that we don't have, and don't need, a federal license to transmit at the frequencies of our design. Our frequencies, or spectrum "assets" are grouped into two categories: "WiFi" and White Space.

WiFi spectrum includes channels with frequencies in the 2.4Ghz "band" and channels in the high band, with frequencies near 5.8GHz. WiFi frequencies are among the ISM (Industrial, Scientific, Medical) frequencies defined in the national spectrum policy documents by the NTIA, with administrative jurisdiction assigned to the FCC.

This press release contains forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.

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