The chairman of the Federal Communications Commission — the legislative body responsible for controlling airwaves in the US, as well as certifying devices for use and ensuring proper compatibility – Julius Genachowski is reportedly going to announce that he will no longer serve. This report comes from a source of The Wall Street Journal‘s, though such a move wouldn’t be unheard of. Genachowski was responsible for various moves during his time as chairman, including overseeing the distribution of frequencies that are now being used as the backbone for the LTE networks going up across the country. In addition, Genachowski was a key player in the failed AT&T/T-Mobile buyout.
Breaking: FCC chairman to announce Friday that he will step down, FCC official says.on.wsj.com/53aH8q
— Wall Street Journal (@WSJ) March 21, 2013
How will this affect the industry going forward? It’s hard to say, specifically, though we should know his successor sooner, rather than later.