Despite Ciena winning the auction for Nortels assets for $796 Million, Nokia Siemens has issued a new bid of $810 Million, and has filed an objection with the U.S. Bankruptcy court looking to nullify the auction results. Ciena's winning bid has not yet been approved by the courts, therefor possession of assets has not yet been transfered.
Showing posts with label Auctions. Show all posts
Showing posts with label Auctions. Show all posts
FCC Chairman Kevin Martin wants 25% of the upcoming AWS-3 auction held for free wireless broadband. The FCC still has a fixation with delivering free wireless to rural areas, and expect everyone else to pay for it. How about giving the spectrum free to a group for the purpose of making this happen. The FCC could set implementation guidelines for the group, and offer matched funding, and assistance will business model so there would be a way for the investing company to profit without passing direct cost to customers. The AWS spectrum is already having too many provisions placed on it. The market is not going to tolerate an overly restricted spectral block at auction. The auction will finally occur, and the minimum bid will never be triggered. NOTE TO FCC: Rethink the rules for the auction of this spectrum to give bidders a little more freedom to achieve your goal, maybe you will get more cooperation!
The AWS-3 auction has certainly been the center of controversy. Companies like At&t and T-Mobile have filed with the FCC to create further testing of the frequencies siting that they are worried about interference with their own networks. What T-Mobile failed to mention is that they currently use a system on very similar frequencies successfully in the Czech Republic. The T-Mobile Czech Internet network currently covers 60% of the population there! I think this type of selective and blatantly flagrant disregard for the FCC and other carriers should be met with stern fines for T-Mobile. There has to be some kind of law that they broke in the process of doing this. Kind of makes you wonder what exactly T-Mobile is up to. Sounds a little bit sneaky to me.
More at MarketWatch
The FCC has recently received a handful of complaints from Motorola, at&t, and t-mobile. The companies all voiced their opinions of disapproval for the AWS-3 wireless auction winner having to erect a free mobile broadband service. The specific complaints of the companies was not released, but t-mobile earlier this week petitioned to ask for more testing to make sure the "white space" was not going to interfere with existing infrastructure.
The FCC announced that they will honor T-Mobiles request and conduct further test of the spectrum for AWS-3 auction. they are hopping the tests will help establish the auction and spectrum rules by the end of the year. The AWS-3 auction makes use of "white space" between existing frequencies. The current proposal will require its winner to license an open architrcture and provide free broadband wireless internet access.
The mext proposed auction of wireless spectrum (AWS-3) is being met with resistance from T-Mobile. T-Mobile is currently proposing to suspend the auction an aditional 3 months. They want the 3 months used to further testing to make sure that the spectrum will not interfere with existing networks. The winner of the AWS-3 auction as the rules currently state, would require the winner to devote open access to a free broadband internet service. Political motivation may cause the current chairman to deny the request of T-Mobile and continue as planned. A final vote on this will not happen until at least next month.
