In our communications system, the spectrum can be viewed as a financial commodity.

Question

Quizplus · Accepted Answer

The spectrum refers to the range of electromagnetic frequencies used for communications, including radio, television, and mobile data. It is limited and cannot be expanded, making it a valuable and finite resource. Therefore, it is often treated as a financial commodity, with governments and regulatory bodies auctioning spectrum licenses to the highest bidders among telecommunications companies, who then use this spectrum to provide services to consumers.

In Our Communications System, the Spectrum Can Be Viewed as a Financial