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Won t licence costs be passed on to consumers?

April 26, 2017Consumers costs licence won

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Won t licence costs be passed on to consumers?

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Bidders will be paying a cost determined by the auction based on their valuations instead of a licence fee fixed by the Government. This allows the market to determine the commercial value of scarce radio spectrum. The amount that operators will bid is determined by their overall business plans and the expected prices for 3G services and not the other way around.