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題名 3-G wireless auctions as an economic barrier to entry: the western european experience
作者 許瓊文
Ozanich, Gary W.;Hsu, Chiung‐Wen;Park, Han Woo
貢獻者 廣電系
關鍵詞 3-G;Spectrum auctions;Wireless;Barriers to entry
日期 2004-08
上傳時間 13-Mar-2015 16:14:58 (UTC+8)
摘要 Existing wireless telephony and messaging applications have the potential of being enhancedby broadband applications supported through "third generation"wireless services. Across the globe, governments have been allocating electro-magnetic spectrum for these 3-G services through an auction process. The rationale being that the entity that pays the most for a resource will create the greatest value from it. The use of auctions has removed the concept of public ownership of the electro-magnetic spectrum and radically redefined performance for this local communications technology. Issues of universal service, equality, and general definitions of performance and service characteristics are no longer directly addressed, but rather, service and performance are driven by marketplace competition. This paper theorizes that national and transnational wireless carriers acted to create barriers to new competition through the 3-G auctions by implementing a "win at any cost" strategy then retarding the rollout of services and subsequently negotiating down the costs of the auction. In testing this perspective, the allocation and implementation of 3-G services in Western Europe are used as a case study. Analyses of the auction prices for 3-G licenses are compared to the intrinsic value of these licenses based upon a discounted cash flow model. These analyses demonstrate that prices paid for spectrum were uneconomic decisions. That is, economically speaking, these carriers overpaid for the spectrum. Further the actions by these carriers subsequent to the auction are analyzed to show that by retarding the introduction of 3-G services they continue to maximize revenues from existing wireless systems while they attempt to renegotiate auction terms and seek other types of regulatory relief.
關聯 Telematics & Informatics,21(3), 225-234
資料類型 article
DOI http://dx.doi.org/10.1016/S0736-5853(03)00057-1
dc.contributor 廣電系
dc.creator (作者) 許瓊文zh_TW
dc.creator (作者) Ozanich, Gary W.;Hsu, Chiung‐Wen;Park, Han Woo
dc.date (日期) 2004-08
dc.date.accessioned 13-Mar-2015 16:14:58 (UTC+8)-
dc.date.available 13-Mar-2015 16:14:58 (UTC+8)-
dc.date.issued (上傳時間) 13-Mar-2015 16:14:58 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/73813-
dc.description.abstract (摘要) Existing wireless telephony and messaging applications have the potential of being enhancedby broadband applications supported through "third generation"wireless services. Across the globe, governments have been allocating electro-magnetic spectrum for these 3-G services through an auction process. The rationale being that the entity that pays the most for a resource will create the greatest value from it. The use of auctions has removed the concept of public ownership of the electro-magnetic spectrum and radically redefined performance for this local communications technology. Issues of universal service, equality, and general definitions of performance and service characteristics are no longer directly addressed, but rather, service and performance are driven by marketplace competition. This paper theorizes that national and transnational wireless carriers acted to create barriers to new competition through the 3-G auctions by implementing a "win at any cost" strategy then retarding the rollout of services and subsequently negotiating down the costs of the auction. In testing this perspective, the allocation and implementation of 3-G services in Western Europe are used as a case study. Analyses of the auction prices for 3-G licenses are compared to the intrinsic value of these licenses based upon a discounted cash flow model. These analyses demonstrate that prices paid for spectrum were uneconomic decisions. That is, economically speaking, these carriers overpaid for the spectrum. Further the actions by these carriers subsequent to the auction are analyzed to show that by retarding the introduction of 3-G services they continue to maximize revenues from existing wireless systems while they attempt to renegotiate auction terms and seek other types of regulatory relief.
dc.format.extent 184598 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Telematics & Informatics,21(3), 225-234
dc.subject (關鍵詞) 3-G;Spectrum auctions;Wireless;Barriers to entry
dc.title (題名) 3-G wireless auctions as an economic barrier to entry: the western european experience
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1016/S0736-5853(03)00057-1en_US
dc.doi.uri (DOI) http://dx.doi.org/10.1016/S0736-5853(03)00057-1 en_US