Pennycents Magazine, the market’s most valuable research tool covering micro-cap, penny stock and otcbb equities, initiated coverage today of the FCC’s high-profile auction of 700MHz spectrum.
According to publisher and founder Christopher Abbott, “The result of this auction will have an impact far beyond the major incumbent telcos. There are two factors at play here that will affect the wider market; first, the sheer size of the auction and the importance of the spectrum being auctioned; and second, the market opportunity that will be created as a result of the FCC’s ‘open access’ rules that have been attached to a portion of the spectrum being sold.”
The FCC rules imposed on the “C” block of spectrum specify that the winning bidder may not restrict the ability of customers to use devices or applications of their choice. The Pennycents article notes that although this consumer-friendly rule pertains only to a small piece of spectrum, and not the entire industry; the resulting market demand will ultimately cause a larger shift towards unlocked networks across the board. “The end result will be a new trend in telecom towards open networks, and this will create an opportunity for smaller over-the-counter companies that are in the business of creating things like mobile applications, mobile advertising, and innovative handsets,” added Abbott.
Pennycents delivers valuable industry commentary, insights, and profiles of value stocks available on the OTCBB and Pink Sheets. Every week, its team of financial reporters and the industry’s most knowledgeable columnists bring readers of both the print magazine and online web site ground-breaking information to help traders make smart investment decisions. In addition, visitors also have access to valuable research tools, including detailed quotes, profiles, and the ability to search for micro-cap stocks by both price and performance.
In addition to coverage of the FCC spectrum auction, this week the Pennycents.com site also features columns exploring the impact of the Federal Reserve Board’s rate cuts—and how this may actually have a long-term positive effect on traders, exciting trends in the gold market, and developments in the energy industry both in the US and abroad.
About Pennycents Magazine
Pennycents Magazine, along with the Pennycents.com web site, features information on up-and-coming micro-cap, and
penny stock companies listed on the
OTCBB and Pink Sheets, as well as commentary on the factors that influence the market. As a totally unbiased penny stock information platform, Pennycents does not accept payment from the companies mentioned in its articles or columns. Neither Pennycents, nor its staff or writers, are allowed to invest in companies featured in the magazine. You can have Pennycents mailed to your door or learn more by visiting its website at
http://www.pennycents.com.
