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Pastimes : The New Qualcomm - write what you like thread.
QCOM 175.25+0.6%Dec 19 9:30 AM EST

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To: Cooters who wrote (2064)9/7/2000 4:10:49 AM
From: Maurice Winn  Read Replies (2) of 12245
 
NZ$42,375,784 right now buys ALL the spectrum for all 3G plus a whole lot more spectrum besides, though there is one 15MHz 3G chunk to be saved for the Maori Master Race of New Zealand, so even if one person buys all the auctioned spectrum, there would be competition. [As in all racist situations, the racially allocated spectrum will go to the Boys in the Maori Club - not just any old Maori who wants a bit of the action]

In US$, with the NZ$ at a new all-time low today of just under 42c to NZ$1, that is US$17 million to provide ALL the 3G services to 3.8 million OECD early-adopting Web nuts who love cellphones, 80% of whom live in dense urban environments.

auction.med.govt.nz
Click on "MR summary" to view results in NZ$.

I think that a few qillionaires should get together and scoop the pool [of course there would be resistance by the incumbents so the prices would rise].

However, there have been clear rounds and when there are two clear bidding rounds, the auction is over and the management rights [which is ownership for 20 years]

What somebody can do, is buy the rights, then rent the rights out. They can split it up into smaller chunks. They can use it for any purpose or sublease it for any purpose [legal purpose of course].

I am sure there will be a scramble later.

This is a joke bargain! Leap Wireless would do extremely well with their Comfortable Wireless Cricket pricing. For US$50 million, they could cover the bulk of 1 million people in Auckland, with US$3 million spectrum cost.

They could sell really cheap wireless with WWeb access and make a fortune. I sent an email to their Web site, but didn't even get a reply, so they are presumably bored by the idea or don't bother reading their mail.

Mqurice
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