beachfront property
n.— «It is referred to as the last beachfront property in the wireless world—a prized swath of spectrum that is about to be sold at federal auction. And it has touched off an intense lobbying effort pitting cellular companies against a variety of new players interested in the potential of a next-generation mobile Internet.» —“Hot Spectrum Draws Cash, and Ideals” Times Daily (Florence, Alabama) Mar. 25, 2007. (source: Double-Tongued Dictionary)
Further reading
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