USA to earn $25 bln from wireless licenses in 2007-2009

The sale of US wireless communications licenses is projected to raise about $25 bln between 2007 and 2009, $7.8 bln higher than 2005 estimate, according to President George W. Bush’s 2007 budget. The budget estimated that $9.95 bln from wireless auctions would be received in the 2007 fiscal year, which starts October 1, 2006. It also expects almost $12.24 bln in the 2008 fiscal year that starts October 1, 2007.