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They work extremely well in almost every country in the world. The situation described in the article in India was an unusual circumstance, and obviously the bi
by bluedevil2k 6y ago
They work extremely well in almost every country in the world. The situation described in the article in India was an unusual circumstance, and obviously the bidders overpaid for the spectrum given that the ultimate customers have very limited financial means. It’s possible this may repeat itself in other similar countries with high population and low income levels.
That definitely doesn’t mean it doesn’t work elsewhere. I’ve personally been involved in Singapore, Belgium, Sweden and Mexico’s spectrum auctions and the results have been very successful. As further proof, if countries felt they weren’t successful we would see the number of auctions decreasing. It’s the exact opposite, the expected number of spectrum auctions in the next 2-3 years is extremely high. It’s a quick way to make some money for governments struggling to raise money right now.
(I provide the software used in many spectrum auctions in the world)