Spectrum Auctions and Shareholder Value

Heretical thinking: New spectrum may not add value to the mobile communications industry

Heretical thinking: New spectrum may not add value to the mobile communications industry. Mobile data volume growth is exponential, but revenue is not growing. What demand is there in the economic sense? If total mobile industry revenues do not increase, new spectrum is a bit like an arms race. Coleago took a fresh look at mobile industry demands for new spectrum and you are welcome to download the paper "Spectrum Auctions and Shareholder Value".

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