Historically, each economic era was based upon natural resources and the transportation of goods.
For example, in the 19th century wealth was created from land, sailing and steamships and railroads. In the 20th Century, wealth was created from oil and highways.
And now, in the 21st Century wealth is created from spectrum, otherwise known as the airwaves, personal computers, mobile communication handsets and other devices.
We congratulate Tom Wheeler on his FCC nomination.
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At any moment, President Obama is expected to nominate Mr. Tom Wheeler as the new Chairman of the Federal Communications Commission.
We pause today on the 40th anniversary of the first cellular telephone call ever placed and congratulate Mr. Cooper on being awarded the 2013 Marconi Prize for his revolutionary contribution to wireless telecommunications.
Back in the early 1900s, the first BBBs were called "Vigilance Committees" or Advertising Clubs. Their purpose was to correct advertising abuses, to ensure that consumers weren't presented with misinformation.
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