It still does not appear to some of us that the full expected amount of revenue to be raised from the U.S. 600-MHz spectrum auction will be as robust as some proponents had hoped. Bids now are up to about $27 billion, but supply and demand are in balance in two markets, though none of the top-10 markets.
We are not yet finished with the auction, and there is a big auction of India spectrum coming as well. But some believe both auctions will show that a number of other developments now are going to put limits on spectrum prices.
Simply, contestants know other options are coming: unlicensed spectrum, shared spectrum, huge new blocks of millimeter wave spectrum. In the U.S. market, there also remains a significant chunk of spectrum held by Dish Network, and which has yet to be put to use.
Also, some would-be buyers of spectrum might expect to acquire such capacity as a part of any eventual purchase of either Sprint or T-Mobile US.
No comments:
Post a Comment