Italy, trying to cut its deficit, may be thwarted in a bid to raise €2.4 billion ($3.5 billion) by auctioning frequencies, as broadcasters and phone companies resist the “chaotic” sale. Local television channels, which occupy most of the frequencies to be sold, say they may refuse to free the spectrum if the government doesn’t offer higher compensation. Mobile phone operators, the likely buyers, say the frequencies aren’t worth the price if the broadcasters don’t allow immediate access.
December 11, 2023
Editor on Duty: Mark K. Miller
Customer Success Specialist (Creative Services)
- Megaphone TV
- Full Time