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What is spectrum trading and liberalisation?

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What is spectrum trading and liberalisation?

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Spectrum trading allows the holder of certain categories of wireless telegraphy licences to transfer all or part of their rights and obligations under a licence to another party. Liberalisation involves the reduction or removal of restrictions that presently limit the use of spectrum to a particular purpose and/or a particular technology. Liberalisation will give additional flexibility to use spectrum in different ways, promoting more efficient use of the finite spectrum resource.

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