3 ms·
Since it wasn't explained in the article, I went looking for what rules the British used to capture so much money from the 3g spectrum, and found this on Wikipe
by nfriedly 10y ago
Since it wasn't explained in the article, I went looking for what rules the British used to capture so much money from the 3g spectrum, and found this on Wikipedia:
> The auction was conducted in a simultaneous ascending auction, similar to the US format with a slight deviation. In the UK's version of the simultaneous individual auction, each high bidder is only allowed to win one of the five auctions whereas in the US, many regions have multiple licences which multiple bidders can win.
https://en.wikipedia.org/wiki/Spectrum_auction#United_Kingdom https://en.wikipedia.org/wiki/Spectrum_auction#United_Kingdo...