Just read a report about the ongoing spectrum auction in the US. T-Mobile is already willing to pay over 3 billion dollars to get a nation wide spectrum allotme nt. Observers expect the total revenue generated by the auction from all companies involved to be over 15 billion dollars. It kind of reminds me of what happend
in Germany a couple of years ago when the total sum for 3G licenses was about 50 billion euros or about 70 billion dollars.
So what will happen to the money? Will the US be as short sighted as Germany and just use the money to reduce the national debt or will they reinvest at least a
part of the money into the wireless industry? Just imagine what 10% of this sum would do when invested into wireless projects and new services...
Anyone aware what will happen to the money?