Surely if you work for a large global telco you understand that bureaucracy and empire building cost a lot. In many markets payback time for mobile infrastruct

Surely if you work for a large global telco you understand that bureaucracy and empire building cost a lot. In many markets payback time for mobile infrastructure is a few years. If no-one bid high prices for licenses, then they would be cheap. It is surely the expectation that consumers will over pay that creates the problem.