Economics CPD Courses Coming up this Term!- Book Your Places Now!
The winning bids for the 4G licences in the UK have been announced. Paying for a licence is an entry barrier into this market - but the total value of the bids was a small fraction of the £22bn gifted to the government in 2000 when the 3G licences spectrums were sold - the latter was an example of the winners' curse in action.In 2013 the telecoms businesses were more savvy - freeing up money to invest infrastructure and capacity. Will this be a kick-start to growth that the UK government expects?
EE on the price paid for a 4G licence
Back in 2000 (!!)
Economics CPD Courses in June 2014 - Book Your Places Now!
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