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Spectrum Auction
A spectrum auction is a process whereby a government uses an auction system to sell the rights to transmit signals over specific bands of the electromagnetic spectrum and to assign scarce spectrum resources. Depending on the specific auction format used, a spectrum auction can last from a single day to several months from the opening bid to the final winning bid. With a well-designed auction, resources are allocated efficiently to the parties that value them the most, the government securing revenue in the process. Spectrum auctions are a step toward market-based spectrum management and privatization of public airwaves, and are a way for governments to allocate scarce resources. Alternatives to auctions include administrative licensing, such as the comparative hearings conducted historically (sometimes referred to as "beauty contests"), or lotteries. Innovation In the past decade, telecommunications has turned into a highly competitive industry where companies are competing to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Auction
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hutchison 3G
3 or Three is a global brand name owned by Hutchison 3G Enterprises S.A.R.L., under which several UMTS-based mobile phone networks and broadband internet providers operate in Hong Kong, Macau, Austria, Denmark, Indonesia, Ireland, Sweden, and the United Kingdom. The brand was founded in 2002 in Hong Kong. , registered ''Three'' customers worldwide numbered over 110 million. All 3-branded network companies are wholly owned subsidiaries of CK Hutchison Holdings but the ownership structure varies. CK Hutchison Holdings (formerly Hutchison Whampoa) owns direct majority interests of six networks through ''3 Group Europe'', including Austria, Denmark, Italy (Wind Tre), Ireland, Sweden and the United Kingdom. Hutchison Telecommunications Hong Kong Holdings operates the networks in Hong Kong and Macau, while Indosat Ooredoo Hutchison operates the network in Indonesia. All 3-branded networks provide 4G ( LTE) and 3G (WCDMA) services; some also run 2G networks and 5G services. CK ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BT Group
BT Group plc (trading as BT and formerly British Telecom) is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services. BT's origins date back to the founding in 1846 of the Electric Telegraph Company, the world's first public telegraph company, which developed a nationwide communications network. BT Group as it came to be started in 1912, when the General Post Office, a government department, took over the system of the National Telephone Company becoming the monopoly telecoms supplier in the United Kingdom. The Post Office Act of 1969 led to the GPO becoming a public corporation. The ''British Telecom'' brand was introduced in 1980, and became independent of the Post Office in 1981, officially trading under the name. British Telecommunications was privatised ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Everything Everywhere
EE is a British national mobile network operator and internet service provider, which is a brand within the BT Group. EE is the second-largest mobile network operator in the United Kingdom, with 26.1 million subscribers as of September 2021. The company was formed as Everything Everywhere in 2010 as a joint venture between Deutsche Telekom and France Télécom (now Orange S.A.). In October 2012 it was rebranded to EE concurrently while launching the UK's first 4G mobile network. It was acquired by BT in January 2016 and has been part of BT's consumer division since April 2018, operating under three brands: BT, EE, and Plusnet. EE had its headquarters in Hatfield, England, and now its main offices are in London, as well as Bristol, Darlington, Sunderland, Greenock, Merthyr Tydfil, North Tyneside, Plymouth and Leeds. As of November 2016, EE's 5G, 4G and 2G networks' combined coverage reaches more than 99% of the UK population, with double speed 4G reaching 80% ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telecoms Crash
The Telecoms crash was a stock market crash that occurred in 2001, after the bursting of the dot-com bubble. It was called "the biggest and fastest rise and fall in business history". Causes Partially a result of greed and excessive optimism, especially about the growth of data traffic fueled by the rise of the Internet, in the five years after the Telecommunications Act of 1996 went into effect, telecommunications companies invested more than $500 billion, mostly financed with debt, into laying fiber optic cable, adding new switches, and building wireless networks. In many areas, such as the Dulles Technology Corridor in Virginia, governments funded technology infrastructure and created favorable business and tax law to encourage companies to expand. The growth in capacity vastly outstripped the growth in demand. Spectrum auctions for 3G in the United Kingdom in April 2000, led by Chancellor of the Exchequer Gordon Brown, raised £22.5 billion. In Germany, in August 2000, the auct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ofcom
The Office of Communications, commonly known as Ofcom, is the government-approved regulatory and competition authority for the broadcasting, telecommunications and postal industries of the United Kingdom. Ofcom has wide-ranging powers across the television, radio, telecoms and postal sectors. It has a statutory duty to represent the interests of citizens and consumers by promoting competition and protecting the public from harmful or offensive material. Some of the main areas Ofcom presides over are licensing, research, codes and policies, complaints, competition and protecting the radio spectrum from abuse (e.g., pirate radio stations). The regulator was initially established by the Office of Communications Act 2002 and received its full authority from the Communications Act 2003. History On , the Queen's Speech to the UK Parliament announced the creation of Ofcom. The new body, which was to replace several existing authorities, was conceived as a "super-regulator" to ov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swedish Post And Telecom Authority
The Swedish Post and Telecom Authority ( sv, Post- och telestyrelsen, abbreviated PTS) is a government authority under the Ministry of Infrastructure (Sweden) and is managed by a board of directors appointed by the Swedish government. The Director-General is the chief executive officer of the organisation. Dan Sjöblom has served as Director General since February 2017. PTS is the sector authority within the field of electronic communications and postal services. Their area of responsibility is to monitor competition and consumer issues in this field; ensuring efficient utilisation of resources and secure communications in mail, telephony, the Internet and radio. See also * Spectrum auction A spectrum auction is a process whereby a government uses an auction system to sell the rights to transmit signals over specific bands of the electromagnetic spectrum and to assign scarce spectrum resources. Depending on the specific auction form ... References External linksThe Swedish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Dividend
The digital dividend refers to the radio spectrum which is released in the process of digital television transition. When television broadcasters switch from analog TV to digital-only platforms, part of the electromagnetic spectrum that has been used for broadcasting will be freed-up because digital television needs less spectrum than analog television, due to lossy compression. One reason is that new digital video compression technology can transmit numerous digital subchannels using the same amount of spectrum used to transmit one analog TV channel. However, the primary reason is that digital transmissions require much less of a guard band on either side, since they are not nearly as prone to RF interference from adjacent channels. Because of this, there is no longer any need to leave empty channels to protect stations from each other, in turn allowing stations to be repacked into fewer channels, leaving more contiguous spectrum to be allocated for other wireless service ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Television Transition
The digital television transition, also called the digital switchover (DSO), the analogue switch/sign-off (ASO), the digital migration, or the analogue shutdown, is the process in which older analogue television broadcasting technology is converted to and replaced by digital television. Conducted by individual nations on different schedules, this primarily involves the conversion of analogue terrestrial television broadcasting infrastructure to digital terrestrial (DTT), a major benefit being extra frequencies on the radio spectrum and lower broadcasting costs, as well as improved viewing qualities for consumers. The transition may also involve analogue cable conversion to digital cable or Internet Protocol television, as well as analog to digital satellite television. Transition of land based broadcasting was begun by some countries around 2000. By contrast, transition of satellite television systems was well underway or completed in many countries by this time. It is an inv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LTE (telecommunication)
In telecommunications, long-term evolution (LTE) is a standard for wireless broadband communication for mobile devices and data terminals, based on the GSM/EDGE and UMTS/HSPA standards. It improves on those standards' capacity and speed by using a different radio interface and core network improvements. LTE is the upgrade path for carriers with both GSM/UMTS networks and CDMA2000 networks. Because LTE frequencies and bands differ from country to country, only multi-band phones can use LTE in all countries where it is supported. The standard is developed by the 3GPP (3rd Generation Partnership Project) and is specified in its Release 8 document series, with minor enhancements described in Release 9. LTE is also called 3.95G and has been marketed as "4G LTE" and "Advanced 4G"; but it does not meet the technical criteria of a 4G wireless service, as specified in the 3GPP Release 8 and 9 document series for LTE Advanced. The requirements were set forth by the ITU-R organisation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Opportunity Cost
In microeconomic theory, the opportunity cost of a particular activity is the value or benefit given up by engaging in that activity, relative to engaging in an alternative activity. More effective it means if you chose one activity (for example, an investment) you are giving up the opportunity to do a different option. The optimal activity is the one that, net of its opportunity cost, provides the greater return compared to any other activities, net of their opportunity costs. For example, if you buy a car and use it exclusively to transport yourself, you cannot rent it out, whereas if you rent it out you cannot use it to transport yourself. If your cost of transporting yourself without the car is more than what you get for renting out the car, the optimal choice is to use the car yourself. In basic equation form, opportunity cost can be defined as: "Opportunity Cost = (returns on best Forgone Option) - (returns on Chosen Option)." The opportunity cost of mowing one’s own la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Combinatorial Auction
A combinatorial auction is a type of smart market in which participants can place bids on combinations of discrete heterogeneous items, or “packages”, rather than individual items or continuous quantities. These packages can be also called lots and the whole auction a multi-lot auction. Combinatorial auctions are applicable when bidders have non-additive valuations on bundles of items, that is, they value combinations of items more or less than the sum of the valuations of individual elements of the combination. Simple combinatorial auctions have been used for many years in estate auctions, where a common procedure is to accept bids for packages of items. They have been used recently for truckload transportation, bus routes, industrial procurement, and in the allocation of radio spectrum for wireless communications. In recent years, procurement teams have applied reverse combinatorial auctions in the procurement of goods and services. This application is often referred to as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
