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Estimating Auction Revenues For The Proposed Fcc Sale Of 3g Spectrum

Date: January 2008
Type: White Paper
Rating: (0)

Overview: This research paper examines three of approaches to estimate the revenues of the proposed 3G spectrum auction; recent broadband spectrum auctions in the US and Europe, a bottom-up calculation value based on discounted cash flows, and recent large spectrum trades in the U.S. The most recent U.S. broadband spectrum auction, FCC Auction 35, occurred at the recent apex of revenue growth in the wireless industry was peak of the telecommunications bubble. Prior spectrum auctions highlight the uncertainty in spectrum prices and the dependence of prices on financial positions and the number of serious bidders relative to the number of blocks offered.


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