Air for sale
Despite a few attempts, air is still free – but airwaves aren't: on January 25th, 2008, the U.S. government began auctioning off rights to frequencies in the 700 megahertz spectrum. These frequencies, which until now have been used to carry broadcast TV signals, are the last important part of the spectrum that will be available for the expanding mobile communications market. These airwaves are being sold (or to be more precise, licensed for ten years) by auction by the Federal Communication Commission – you can watch it gavel-by-gavel at the FCC's Web site. The government hopes to raise $15 billion dollars from the sale, but various factors (particularly the stock market's recent troubles) have kept bidding lower than expected.