Mercury News | 10/27/2003 | FCC move opening E-Band could be telecom gold mine: "FCC move opening E-Band could be telecom gold mine
By Mike Langberg
Mercury News
When Secretary of State William H. Seward bought Alaska from the government of Russia for $7 million in 1867, the huge and empty territory seemed so worthless the deal was mocked as ``Seward's Folly.'' Only with the discovery of gold 30 years later and oil a century later did the brilliance of Seward's move become clear.
On Oct. 16, the Federal Communications Commission quietly announced what could be the telecom equivalent of Seward's Folly: opening up a huge and empty swath of spectrum that looks marginally useful now but could ultimately become essential to ultra-high-speed data communication."
By Mike Langberg
Mercury News
When Secretary of State William H. Seward bought Alaska from the government of Russia for $7 million in 1867, the huge and empty territory seemed so worthless the deal was mocked as ``Seward's Folly.'' Only with the discovery of gold 30 years later and oil a century later did the brilliance of Seward's move become clear.
On Oct. 16, the Federal Communications Commission quietly announced what could be the telecom equivalent of Seward's Folly: opening up a huge and empty swath of spectrum that looks marginally useful now but could ultimately become essential to ultra-high-speed data communication."
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