By Charley Lewis
REVENUE MAXIMISATION
Much of the emphasis in auction design, reporting and evaluation has been placed on the revenue raised. The prospect of substantial inflows into treasury and the consequent fiscal impact on borrowing may be very attractive (Morocco’s GSM auction, for example, generated the equivalent of 5% of foreign debt), but is both short term and short-sighted in the view of many commentators.
From the country summaries I set out in part 1 (Intermedia, October 2018), a number of issues have emerged as key factors affecting the success or failure of spectrum auctions. It is to a discussion of these issues that I now turn.
- Intermedia Issue:
- Volume 46, Issue 04
- Issue Date:
- December 2018
- Theme:
- Competition Policy, Infrastructure and Spectrum: 5G and next generation networks
Charley Lewis (Dr)
Councillor, Independent Communications Authority of South Africa (ICASA) 
