The UK 3G auctions raised US$34 billion against conventional business model evaluations of £1.5 – 2 billion. The German auctions US$46 billion, but the Dutch and New Zealand auction prices were very low. What are the lessons for Hong Kong? Auction, beauty contest, reverse auction? But
- Are auctions really economically efficient?
- Do auctions weaken regulation?
- Do high auction prices hinder market development?
- Are reverse auctions, used for 2G, suitable for 3G?
- Where will the 3G revenues come from?
- And who will they go to?
- Is the DoCoMo model relevant to Hong Kong?
Speakers:
- Guest Keynote Speaker: Professor William H. Melody, Professor, Delft University of Technology
Discussants:
- Steve McKay, Senior Vice-President, Web Solutions, chinadot.com
- Sin Chung-kai, IT Functional Constituency Member, Legco
- Stephen Brown, Head of Research, Kim Eng Securities
- Craig Ehrlich, Group Managing Director, SUNDAY
- John Ure (Telecoms Research Project, HKU)
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