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Isn t there a risk of bidders seeking to win a licence as an investment rather than in order to run a 3G network?

April 26, 2017bidders Investment isn licence risk run Win

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Isn t there a risk of bidders seeking to win a licence as an investment rather than in order to run a 3G network?

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The Wireless Telegraphy Act 1998 allows safeguards to be inserted in the licence – for example, a requirement to have achieved a particular level of network coverage by a certain date. Failure to comply with such “use it or lose it” provisions could lead to the licence being revoked. Furthermore, current legislation does not allow secondary trading of spectrum.