Category Archives: Spectrum

Observations on Canada’s 3800 MHz Frequency Spectrum Auction

By | July 6, 2022

Update – April 2023. We published a report on the expected valuation of the Canadian 3800 MHz auction. For additional information see here. Canada will auction its 3800 MHz C-band spectrum beginning on October 24, 2023 [see here]. This is very late! The auction includes 250 MHz between 3650 and 3900 MHz. Together with the… Read More »

FCC Auction 110 3.45 GHz Summary

By | January 16, 2022

Auction 110 [see here] for 100 MHz in 3.45 – 3.55 GHz scored $22.5 Billion in gross proceeds for an average of $0.736/MHz-PoP. AT&T, Dish and T-Mobile won 83% of the MHz-PoP. For details, download the full summary here:

5G vs. Radio Altimeters: A Storm in a Tea Cup?

By | January 5, 2022

The row between the wireless and aviation industries on potential interference between 5G and aircraft radio altimeters is sounding like a storm in a tea cup! The genesis of this dispute is a report in October 2020 by the Radio Technical Commission for Aeronautics (RTCA) citing potential interference to altimeters operating in the 4.2 –… Read More »

Overview of FCC Auction 110 in 3.45 GHz

By | October 4, 2021

FCC Auction 110 for 100 MHz in the 3.45 GHz band is set to start tomorrow (October 5): the third auction for 3 GHz band spectrum in less than two years for a combined 450 MHz. This is a huge amount of spectrum considering previous auctions and holdings. Here, I wanted to share an outline… Read More »

A Gold Medal in Spectrum Auction Valuation: 3500 MHz Canadian Auction

By | July 30, 2021

The Canadian auction for an average of 111 MHz in the 3500 MHz band raised a record setting C$8.91 billion (US$7.16 B). That’s an average of C$2.28/MHz-PoP (US$1.83); or a global record high for this spectrum band. Or, to bring another meaning into this, operators paid C$270 for each mobile subscriber! For another perspective, the… Read More »

Dynamics of the Canadian 5G Midband Spectrum Auction

By | June 11, 2021

The market landscape and auction structure make the Canadian 3500 MHz midband spectrum auction an interesting one to watch. The auction will kick off on June 15 to release an average of 111 MHz of which around 50 MHz will be set aside for regional wireless operators. This is relatively small in terms of what… Read More »

FCC C-Band Auction 107 Outcome and Consequences

By | January 15, 2021

Update: The assignment phase concluded since I wrote this post. You can download summary of the results by entering your name and email here. The clock phase for FCC C-Band Auction 107 has concluded in 97-rounds raising a record $80.92 Billion. The auction moves to the assignment phase. The proceeds exclude up to $13 B… Read More »

3.7 GHz C-Band Spectrum Valuation

By | October 1, 2020

We are offering a packaged valuation service for the upcoming FCC 3.7 GHz C-band spectrum auction and the Canadian 3.4 GHz auction. Included with the services is a detailed update of prices for global auctions and operator allocations in mid-band spectrum. Contact me for a quote. Click here to see our 5G midband spectrum valuation… Read More »

CBRS Spectrum Auction Pricing

By | August 29, 2020

Spectrum Pricing Trends in Millimeter Wave Bands

By | April 23, 2020

Written in collaboration with Martyn Roetter* Countries across the world have been releasing new spectrum for 5G deployments in millimeter-wave spectrum bands (mmWave), while others are planning to do so soon.  Although a few governments have awarded mmWave spectrum via administrative processes at little or no cost to operators (Japan, Hong Kong), in most cases… Read More »

CBRS PAL Spectrum Valuation

By | January 31, 2020

Spectrum pricing is a function of supply and demand. Over the course of recent 5G spectrum auctions, regulators demonstrated, yet again, their influence on the outcome. Italy and Taiwan are two examples which set a record valuation for the 3.5 GHz auction. This year, we will see one of the largest auctions ever: the CBRS… Read More »

Overview of US Auction 102 24 GHz Results

By | June 6, 2019

Auction 102 concluded on May 28th raising $2 Billion for 2904 licenses for 700 MHz in 24 GHz (24.25–24.45; 24.75–25.25 GHz). [FCC] AT&T and T-Mobile spent $982 million and $803 million for 831 and 1346 licenses, respectively.

The Skyrocketing C-Band Valuation

By | May 29, 2019

The FCC concluded Auction 102 netting over $2 billion for over 2,900 licenses in the 24/25 GHz band. A good milestone, but more critical is the availability of 3.5 GHz spectrum which has better performance tradeoffs than millimeter wave spectrum. With all the talk about the ‘5G race’, availability of mid-band spectrum makes the most… Read More »