What happens to unsold spectrum following the auction?
Thirty days following the auction, licences which receive little or no bidding activity during the auction, and remain unsold at the close of the auction may be made available on a First-Come, First-Served (FCFS) basis. Licences that received significant bidding activity but remain unsold at the auction’s close (e.g. withdrawn bids) or are not sold due to bid forfeitures (see Section 9.3 of the policy paper), may be made available via a future re-auction. The FCFS post-auction licences will have similar attributes and conditions as the licences available during the auction. Specifically, they will be issued for 10-year terms and with the exception of the eligibility criteria (see Section 9.7.1 of the policy paper), will carry the same terms and conditions as the auctioned licences. The Department will make the FCFS spectrum available for licensing by grid cell 1, as well as by Tier 4 service area. The transition for the displacement of incumbents outlined in Appendix 3 will apply to sp
