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Service Properties Trust T.SVC


Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.


NDAQ:SVC - Post by User

Bullboard Posts
Post by crapheadon Sep 23, 2010 12:17pm
240 Views
Post# 17484089

U.S. regulator paves way for new mobile devices

U.S. regulator paves way for new mobile devices

Thu Sep 23, 2010 12:13pm EDT

* FCC votes to open unused spectrum to unlicensed devices

* Agency tries to address broadcasters' concerns

* New devices could be on market in 1-1/2 to 2 years

By Jasmin Melvin

WASHINGTON, Sept 23 (Reuters) - U.S. regulators paved the way on Thursday for new, faster wireless devices by opening unused television airwaves for mobile broadband use.

Device makers such as Dell Inc (DELL.O), Nokia (NOK1V.HE) and Motorola Inc (MOT.N) stand to profit from the Federal Communications Commission's unanimous vote to allow unlicensed wireless devices to operate on this unused spectrum.

It is the FCC's first significant release of unlicensed spectrum in 25 years, said Chairman Julius Genachowski.

"This new unlicensed spectrum will be a powerful platform for innovation as we've seen time and time again when we unleash American ingenuity, great things happen," he said.

The empty airwaves, called "white spaces," were freed up during the digital transition in 2009, and consist of the spaces between existing broadcast channels.

They allow signals to travel faster, penetrate walls more easily and cover larger geographical areas than current spectrum used for WiFi.

Tech companies have lobbied to deploy a new, super WiFi system using these airwaves that would boost Internet speeds in homes, businesses, schools and municipalities, and improve connectivity for mobile devices.

Broadcasters feared such use could interfere with their channels, particularly those used to operate wireless microphones that rely on for news reporting.

The FCC clarified conditions for use of the unlicensed spectrum to mitigate these problems, including requiring white spaces devices to get access to a database to determine what spectrum is available at a particular location.

The agency also said two TV channels would be reserved for wireless microphones in each market, allowing 12 to 16 microphones to operate without any interference. Need for more capacity would be handled on a case-by-case basis where broadcasters can request more spectrum for large events like major sporting events.

The FCC added that broadcasters could best meet the need for increased capacity for wireless microphones by using more efficient technology rather than requesting more spectrum.

Successful commercialization of white spaces devices is expected to take at least a year and a half to two years as network operators, chip vendors and device manufacturers develop industry standards.

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