With literally an unknown market price. 15 Mhz of spectrum in the United States is worth far more than 15 MHz of spectrum in Norway. As we expand from LTE to 5G

With literally an unknown market price. 15 Mhz of spectrum in the United States is worth far more than 15 MHz of spectrum in Norway. As we expand from LTE to 5G to someday 6G, the price changes as well for a block of spectrum. Price is also a factor of competition in the market, and why the current situation in the United States with only 3 major wireless telecom potentially troublesome, with the only reprieve being that companies like Google and Liberty/Dish and private equity getting into the auctions.