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FCC to promote competition with rules for upcoming spectrum auction

The Federal Communications Commission wants to make sure that smaller wireless operators have a shot at buying airwaves in the upcoming wireless spectrum auction. And it’s developing a policy for this auction slated for next year that it hopes will do just that. On Thursday, FCC chairman Tom Wheeler began circulating among his fellow commissioners a proposal that will set …

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Microsoft closes Nokia deal, pays more than expected

Microsoft finally owns Nokia’s handset division CNET Microsoft finally owns Nokia’s handset division. The two companies announced today that they have completed the deal, Nokia offloading the hardware department to Microsoft for slightly more than the original announced price of €5.44 billion — or $7.2 billion at the time. Although the final price tag hasn’t been revealed, Nokia has promised …

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