[LINK] 3G licences go under the hammer
Thu, 15 Mar 2001 17:32:50 +1100
Ash Nallawalla wrote:
> > From: Tony Barry
> > Anybody like to take a punt at how much this will make?
> I'll kick off at A$600M.
A$600m rings the bell for round one of spectrum auction
BY SANDRA VAN DIJK
15 March, 2001 16:00 SYDNEY, AUSTRALIA
Bids worth more than $600 million were lodged Thursday morning in the first
round of the federal government's mobile phone spectrum auctions.
According to AAP reports, Hutchison Telecommunications was leading the bids
with $196 million, followed by Vodafone Pacific with $193.75 million and
Cable & Wireless Optus with $185.5 million.
Telecom New Zealand withdrew from the third generation (3G) spectrum
The licences being auctioned are in the 2GHz band and are expected to be
used for 3G mobile telecommunications enabling mobile access to voice, data
and multimedia based services.
Licences are for 15 years from October 2002 and the auction is expected to
last for several weeks.
You can never plan the future by the past
-- Edmund Burke