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Tuesday, May 23, 2006

Free Nationwide Wireless?

by Dave Burstein

One company has applied to the FCC for 20 MHz of spectrum in return for providing 95 percent of U.S. customers free coverage (after CPE purchase).

M2Z's goal is … provide free high speed connections to 95 percent of U.S. consumers without any recurring fees. This is a grand undertaking."
—M2Z FCC request

Kleiner Perkins, history's most successful venture capital firm, is backing John Muleta and Milo Medin's offer to unwire the entire United States. 384/128 will be free while they'll sell higher speeds, ads, voice and much else. In return for 20 megahertz of spectrum, M2Z will pay a 5 percent royalty to the U.S. We give 19 megahertz to a TV network that mostly plays infomercials, so this is a no-brainer. "Affordable broadband for all Americans," anyone.

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