Find out more about this ruling after the break.
The FCC chairman called these new spaces "a powerful platform for innovation," and is hopeful "great things" will happen. The last time the FCC opened up space for other uses was 20 years ago, paving the way for baby monitors, garage door openers, and similar wireless products. Now, we are one step closer to a nationwide broadband plan — or even just citywide access for everyone. According to a report commissioned by Microsoft, this could also open the door to $4 billion in annual revenue for device makers and online service providers.