Wireless Crunch Loomin

The flipside to the mobile revolution is that we're rapidly approaching a wireless spectrum crunch.

As spiraling numbers of consumers watch video, stream music and send pictures on their smart phones, various carriers say they're just a few years from hitting their capacity wall. The Federal Communications Commission has said we'll reach a spectrum deficit as soon as 2013 if nothing is done. It will mean slower speeds, dropped calls, higher prices and less mobile innovation.