If you want to transmit radio signals then, unless you are operating licence-exempt equipment, you need a licence to do so. Up until now, radio licences have been more or less specific to a particular technology or application. This is fine if that happens to be the application you have in mind, but if you want to do something different, perhaps because technology has moved on, it is not so helpful. A licence that was flexible, allowing a range of technologies and uses would enable rapid innovation and will unlock substantial additional value from the use of radio.
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