The European Commission’s white paper seems to contain an admission that a standard regulatory assumption which has been used since the turn of the century is, in fact, wrong. In this note we consider where the perceived wisdom came from, why it’s wrong, and what needs to change.
A spectrum rights holder was seeking finance with its spectrum licence as part of the security. Plum assisted the potential lenders with a review of spectrum valuation and details of how the spectrum could be used or sold in the future.
The Department engaged Plum to provide advice on, and to review, the spectrum valuation modelling that the Bureau of Communications and Arts Research (BCAR) intended to use to estimate the value of a sub-6 GHz mobile frequency band in Australia. The first phase of the project required Plum to provide initial advice and evaluation on[…]
Following a spectrum transaction in New Zealand, Spark required an updated value of its 2600 MHz spectrum holdings for use in its statutory accounts. Plum undertook a benchmarking exercise using its extensive database of international auction results, making adjustments for national income and licence periods. We then provided Spark with a guide on how results[…]
Plum assisted CITC with the award of spectrum in the 2300 MHz, 2600 MHz, and 3400 MHz bands. Having cleared this spectrum for IMT use in Saudi Arabia, CITC wished to award this to operators so that they would be able to commence rollout of 5G services and increase capacity of LTE networks. Plum worked[…]
This Plum study for the Kosovo regulator ARKEP involved the valuation of the frequency bands for IMT services. Benchmarking and econometric analysis were carried out to derive the market value of six bands (800, 900, 1800, 2100, 2600 and 3500 MHz) and recommendations were provided on the appropriate auction reserve prices and spectrum fees, taking[…]
These reports examine use cases, spectrum requirements and valuation of spectrum for use by private LTE. The first report defines private LTE, considers environments where private LTE might be used focusing on industrial automation and identifies what spectrum these applications will need. To do this it sets out a methodology to characterise the identified private[…]
Plum carried out a study for Rain, a mobile operator in South Africa, on the value of 1800 MHz and 2600 MHz spectrum in South Africa. Taking account of the remaining time left on licences, a direct benchmarking approach was used to estimate a range of values for each band. Plum then assisted Rain with[…]
Ahead of renewal of spectrum licences in the AWS band, the CWTA commissioned Plum to compile a report looking at the value of AWS spectrum and how this should be applied to any renewal process. Operators were concerned that ISEDC (the spectrum administrator) would use the renewals as an opportunity to significantly increase spectrum fees,[…]
Plum was engaged by the Australian Communications and Media Authority (ACMA) to review the current taxes for the Ka (17.3-51.4 GHz) spectrum band, and to investigate how existing taxation arrangements could be improved. Plum concluded that the Ka band was unlikely to become congested in the near future, and that many frequency bands have witnessed[…]