Those fancy wireless signals that give you sweet, sweet Facebook access on your mobile dont grow on trees, you know. They travel along wireless frequencies that are collected by the government and sold off to the highest bidder. And the next big wireless spectrum auction is getting ready to happen next year.
The auction includes some of the spectrum freed up by switching off analog TV, and is destined to happen late in 2012, provided the world doesn’t implode by then. It’s being sold to address the growing need for wireless data.
When the US sold off its 700MHz spectrum a few years back, it was sold for a massive $4,741,807,000 to Verizon, who have since used it to roll out LTE services. It will be interesting to see how much the local auction goes for, and who will walk away with that tasty radio wave victory pie.
Luke
Friday, May 27, 2011 at 4:13 PM“Those fancy wireless signals that give you sweet, sweet Facebook access on your mobile dont grow on trees, you know”
The Liberals seem to think it does…
Greg
Friday, May 27, 2011 at 4:24 PMNobody but Telstra has the money to be the successful bidder.
Biggie
Friday, May 27, 2011 at 10:10 PMGreg you have no idea. Telstra is an ant compared to Optus an the Singtel group
Matt
Friday, May 27, 2011 at 5:05 PMIf ACMA was smart they’d only sell off part of the spectrum now, and part in a few years once 4G proves itself here. It’ll up the price.
I do hope we get a new entrant buying some of the spectrum.
Josh
Friday, May 27, 2011 at 5:37 PMIf only there was a *Like* Button
mitch156
Friday, May 27, 2011 at 7:07 PMWouldn’t it be cool if Google used it for it’s White-Fi project that we heard about awhile back?
Dom T
Friday, May 27, 2011 at 8:16 PMCome on Google! ha ha. I’m sure they had a campaign so they could own the “white space”.