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To: voop who wrote (8696)	10/23/2000 9:52:15 PM
From: Allen Benn	Respond to of 10309

Anyone have any knowledge whether one dollar, pound, frank or mark was paid by service providers to respective governments so as to ascertain whether interest is accumulating? According to a recent article in the IBD, $35 billion (US dollars) was bid in UK auctions and $45 billion (US dollars) in Germany. Allen

To: voop who wrote (8696)	10/24/2000 8:22:30 AM
From: maxgo	Respond to of 10309

The UK auction rules allowed a "pay as you go" model, whereas according to the German auction rules all the money had to be paid immediately, ie two weeks after the invoice. On an interesting side note: Two German mobile telcos declined to accept the handover of the invoices on the Saturday on which it was delivered (the end of the auction was on Thursday) because the additional weekend saved them several millions in interest.