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The telecommunication firms operate on the basis of acquisition of airwave space, which is licensed by the government. The usual policy practice in this regard is ascending auction that ensures maximization of revenue for the government. The established view in the literature is that the...
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After analogue TV signals are switched off with the shift to digital transmission (analogue switchoff), a significant amount of spectrum bandwidth is expected to be freed-up, potentially making it available for other applications rather than replicating the similar quality analogue TV programmes...
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Using data on all FCC auctions of spectrum related to cellular services from 1997 to 2015 we attempt to identify intrinsic spectrum values from winning auction bids. Our analysis includes 15 auctions and close to 7,200 observations. We add two components to previous literature on this topic....
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