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How was spectrum allocated before the reforms of 1992?

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How was spectrum allocated before the reforms of 1992?

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Spectrum use was determined according to spectrum plans for each band which were made by a central regulator – the then Spectrum Management Agency or SMA. Licences were issued over the counter on a first come first served basis with prices set on the basis of administrative cost recovery rather than market value. This made it difficult for spectrum to be allocated to its most valued uses and inhibited the adoption of new technologies.

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