SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: slacker711 who wrote (11095)4/24/2001 2:23:25 PM
From: MikeM54321  Read Replies (2) of 12823
 
"In particular, I remember articles about how the UK had already built the revenues into their budget."

slacker- I was hoping you would know the definitive answer. Thanks for responding nonetheless. IMO, a government building in revenues into a budget wouldn't surprise me EVEN if they don't have the money in hand or any guarantee they will.

I'm of the opinion the bidders really didn't expect to actually pay out the money for the licenses. They figured something would break in the system and the price would be reduced. It's just my opinion only. I guess a simple way to find out would be to find a known winning bidder of the largest 3G license and check their cash flow statement (if it trades as an ADR).

Who is the largest bidder and when was the European auction for 3G again? Thanks. -MikeM(From Florida)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News