The historical practice in spectrum policy has been for regulatory authorities around the world to assign rights to specific radio frequencies to applications according to theirjudgment regarding the “best and highest use” of each frequency. This system enabled regulators to harmonize assignments around the world, an important imperative given the fact that radio waves don’t recognize international borders. It worked well until all of the most useful frequencies were assigned.
Technology never stops progressing, however. We’re now in a situation where many of the initial assignments of spectrum are obsolete, so the task of spectrum regulation has become one of reassigni