Friday, March 22, 2013

Julius Genachowski to Step Down as FCC Chair on

FCC Chairman Julius Genachowski announced his plans to step down in the coming weeks.

Genachowski was sworn in as Chairman in June 2009.

Genachowski, who served as technology adviser to the Obama campaign, holds a J.D. from Harvard Law School (1991), where he studied with Barack Obama. Previously, Genachowski was cofounder and Managing Director of LaunchBox Digital and Rock Creek Ventures, and a Special Advisor at General Atlantic.

Some highlights of FCC actions and U.S. market development over the past four years:

  • Created the Connect America Fund to advance universal broadband access.
  • Pioneered “incentive auctions” to unleash spectrum for mobile broadband.
  • Established the first enforceable rules of the road to preserve Internet freedom and 
  • openness.
  • Opposed AT&T/T-Mobile deal and took other steps to promote competition in the 
  • broadband marketplace.
  • Nearly $250 billion in private capital has been invested in U.S. wired and wireless broadband 
  • networks since 2009. 
  • The U.S. now leads in LTE deployment and adoption at national scale.
  • Annual investment in U.S. wireless networks grew more than 40% between 2009 and 2012, 
  • from $21 billion to $30 billion. By contrast, investment in European wireless networks has 
  • been flat since 2009, and wireless investment in Asia, including China, is up only 4% during 
  • that time. 
  • In 2013, analysts project $35 billion in wireless investment in the U.S., over 50% more than 
  • all of Europe. 
  • More than 90% of smartphones sold globally in 2012 run operating systems developed by 
  • U.S. companies, up from 25% three years ago.