Sure enough, the present tense is doubtful, but the future is determined by the present in this case because, for example, in New Zealand, the government is selling 15 year management rights for frequency. So a single owner will have control over frequency ranges for a LONG time to come. That might be a bit like selling rights to New York for 6 hatchets and a blanket with the value being developed over 10 years instead of 300.
Governments should NOW be considering what might happen 10 years from now. A LOT will happen and spectrum hunting seems likely.
Management of spectrum is going to be very important. Countries which mishandle spectrum will be at a significant disadvantage.
When we are watching Web video in 3D on our WWeb gadgets while driving on a freeway, there will be very big spectrum demand. I have no idea how the jostling for spectrum space would be done. Free things get used up if they have any value.
Maybe being a spectrum bidder, hoarder, speculator is going to be good business. Like staking a claim in a gold rush. NextWave did that but the value of the claim dropped heavily later! So they went broke.
A guess for 1Q results for Q!
Due primarily to high handset demand from everywhere in the past 3 months, but with continued improvement in infrastructure, Wireless Business Solutions, ASICs sales, Eudora hanging in there, Globalstar contracts, royalties and improved cost control:
Revenue $1.12bn
Net Earnings 70c per share
Share Price $80 31 January 99.
Mquarkce |
