Hi Scott,
Re: Hello Ray, can you tweak your model until you get the desired results?
I'm curious about what model you are referring to? I do not recall presenting one. Actually, I'm just not sure what you mean here. Please advise. :)
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Re: “The pay-back period for 3G licences is between four and seven years for incumbents,” said the global head of the 3G business consultancy Tomi Ahonen, “although in Hong Kong or the Netherlands, the pay-back time will be shorter
totaltele.com
A close reading of this statement would lead one to wish to ask Ahonen some follow-up questions. For instance, in Britain, there are 5 license holders for UMTS systems. AFAIK, there is only one incumbent, BT. So the question would be, how long will it take the other four SPs to recoup their investment, in view of the fact that they will necessarily have higher infrastucture and marketing expenses? And, a second question - why single out the Netherlands and Hong Kong?
In Holland, the auction was completed as of Monday, July 24, 2000 at a total cost to the five license holders of USD 2.4 Billion at current exchange rates (EUR 2.65 Billion).
In Hong Kong, the 3G auction will be based on future royalty payments, according to the WSJ of 2/13/01. (Sorry, no URL available.)
So, Ahonen of Nokia picked one auction (NL) that was completed before the madness of the British and German auctions (at a combined cost of over USD 80 Billion) took the market's breath away, and then another auction (HK) after the hysteria. How convenient for his argument to avoid the main controversy. I'm not impressed.
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Is the future rude? Hong Kong Considers Jamming Cell Phones:
individual.com
Hong Kong May Jam Cell Phones - February 22, 2000
By HELEN LUK Associated Press Writer
HONG KONG (AP) via NewsEdge Corporation -
It's a Hong Kong phenomenon many people could do without: Cellphone maniacs so attached to their gadgets that they can't shut up - not in a movie, in the library or even in church.
Amid frustration at the endless ringing and chattering, the Office of Telecommunications said Thursday it may restore silence to some public places by installing mobile-phone jamming systems.
Many Hong Kong citizens welcome the idea.
Christine Lam, who works in a trading firm, was caught up in the suspense of the mountain-climbing drama ``Vertical Limit'' when she was rudely distracted.
``A man behind started talking very loudly on his cellphone, arranging to meet his friend afterward,'' said Lam, 48. ``I find it very disturbing that these people have no regard for others.''
Hong Kong's 6.9 million people have more than 5.2 million mobile phones _ making it one of the most densely cellular places on the planet. The mobile mania hit a low point last year when a doctor got into trouble for talking on his cellphone while performing surgery.
Perhaps realizing that restrictions could make customers unhappy, telecommunications officials are carrying out a public consultation before deciding on the cellphone jamming plan.
Jeff Lam, operations manager at a local movie house chain, the UA Cinema Circuit, likes the idea of some regulation.
``The audience should be free from the disruption from other people's phone calls while they are watching a film,'' Lam said.
Andy Ho, a 28-year-old computer engineer, said cellphone users could be more courteous, but cutting off reception defeats the purpose of carrying the phones.
``What if I have urgent calls?'' he asked. ``I think as long as I turn my phone on vibrating mode and go out to talk, it won't affect other people.''
Salesman Pan Lau, 28, suggested the government could designate some buffer areas, for example, in the corridors outside cinemas, so that people can make calls without offending others.
Signs remind people to switch off their phones in public venues, and some restaurants have signs on each table indicating cellphones are not allowed. But stubborn cellphone addicts often pay no attention.
Oi, it's a brave new world out there.....
Best, Ray :) |
