Statement of NCTA – The Internet & Television Association Regarding Senate Introduction of the Government Spectrum Valuation Act

"NCTA commends Sen. Mike Lee for introducing the Government Spectrum Valuation Act, which acknowledges the importance of spectrum for our country. This legislation requires federal government agencies to account for the value of their spectrum resources, and recognizes that both licensed and unlicensed spectrum generate value to the U.S. economy. The potential of unlicensed spectrum is especially significant, as estimates show that Wi-Fi will generate $995billion in economic value for the United States in 2021.”