{"id":500,"date":"2008-07-15T06:41:00","date_gmt":"2008-07-15T06:41:00","guid":{"rendered":"https:\/\/mhgoldberg.com\/blog\/?p=500"},"modified":"2008-07-15T06:41:00","modified_gmt":"2008-07-15T06:41:00","slug":"this-is-the-auction-that-never-ends","status":"publish","type":"post","link":"https:\/\/mhgoldberg.com\/blog\/?p=500","title":{"rendered":"This is the auction that never ends"},"content":{"rendered":"

\"Canada\"A week ago, I predicted the end of the the end of bidding in the AWS spectrum auction<\/a>. I might as well have predicted the Leafs winning the Stanley Cup.<\/p>\n

Just like the kids singing “This is the song that never ends” on a summer driving trip, it seems that this is the auction that never ends.<\/p>\n

For the past week, we have watched bidding on a limited number of spectrum properties go back and forth, but continuing to hover in the neighbourhood of $4.2B. Out of 220 pieces of spectrum that are up for grabs, some rounds have seen activity on only one block. For a number of days, bidding changed by tens of thousands – rounding error when the total is measured in the billions.<\/p>\n

Industry Canada is now running 15 auction rounds per day to try to bring this process to close.<\/p>\n

In the meantime, uncertainty remains as a market overhang. Would-be new entrants can’t finalize their license approvals or get started building their networks, or finalizing their business plans.<\/p>\n

Is something wrong with the auction design that is keeping us in limbo? Are there mechanical changes that could help bring the auction to a more timely conclusion?<\/p>\n

As a side note, let me refer you to an article<\/a> written last week by former CRTC vice-chair Rick French in the National Post, talking about changing the spectrum auction from a license to outright ownership.<\/p>\n

Technorati Tags:
Industry Canada<\/a>, AWS Spectrum Auction<\/a>, Richard French<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

A week ago, I predicted the end of the the end of bidding in the AWS spectrum auction. I might as well have predicted the Leafs winning the Stanley Cup. Just like the kids singing “This is the song that never ends” on a summer driving trip, it seems that this is the auction that …<\/p>\n

This is the auction that never ends<\/span> Read More »<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","two_page_speed":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-500","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nThis is the auction that never ends • Telecom Trends<\/title>\n<meta name=\"description\" content=\"A week ago, I predicted the end of the the end of bidding in the AWS spectrum auction. 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