 rate of price decline in such equipment, see Charles L. Jack- son, "Wired High-Speed Access," in Broadband: Should We Regulate High-Speed Internet Access? edited by Robert W. Crandall and James H. Alleman (Brookings, 2002). 5. The Federal Communications Commission currently defines "high speed" as a service providing at least 200 kilobits per second in one direction. See FCC, High-Speed Services for Internet Access: Status as of December 31, 2003 (June 2004), p.1, fn. 1. This is a relatively slow speed for modern broadband connectivity. This brief technical description is based on material in Jackson, "Wired High-Speed Access." 6. Recall the discussion of the FCC's 2003 "Triennial Review" decision in chapter 2. 7. See http://hns.getdway.com/ and www.starband.com. 8. In its 2003 10-K Annual Report to the Securities and Exchange Commission (p. 3), Sprint stated that it was ending its "pursuit of a residential fixed wireless strategy" using these licenses. MCI reported in its 2003 10-K (p. 38) that it had sold its MMDS licenses and related assets in June 2003 after posting a 1.4 billion loss on the business. 9. A longer-range version, popularly known as WiMAX, is also under development, but it is not yet in widespread commercial use. See Telephony's "Complete Guide to WiMAX: The Business Case for Service Provider Deployment," Telephony OnLine.com, June 2, 2204 (http://telephonyonline.com/ar/telecom_telephonys_complete_guide/index.htm). 10. See www.elektrosmog.nu/; and Rob Flickenger, Building Wireless Community Net- works, ww.oreilly.com/catalog/wirelesscommnet/index.html (2001). There is a growing interest in using "unlicensed" spectrum for a variety of communications, including broad- band. For an enthusiastic description of the prospects for shared, unlicensed spectrum, see, for example, "On the Same Wavelength," Economist, August 14, 2004. For a critical view, see Thomas Hazlett and Matthew Spitzer, In the Matter of an Interference Temperature Met- ric to Quantify and Manage Interference and to Expand Available