Going once, going twice - sold! Over the years, spectrum auctions have raised billions of dollars in revenue for government coffers across the world. Given the insatiable appetite for mobile services, demand for spectrum has surpassed supply. That is not good news for operators, enterprises or even regulators as a shortage of spectrum stifles business growth. With 5G services just around the corner, carriers require innovative solutions to provide more spectrum rather than relying on conventional auctions and allocations.
We live in a connected world. This may sound like a trite statement at first glance, but like many coinages of this kind it has entered our collective vocabulary by moving straight from provocative insight to cliché to mainstream reality. And as I am headed to the Mobile Word Congress in Barcelona, the largest gathering of the wireless industry (50,000 attendees and 1,300 exhibitors), I’m probably not the only one noticing the unique historical backdrop that underlies the event this year and gives ever more credence to the seismic economic, cultural, social, and political shifts triggered by the universal power of connectivity. The Mobile World Congress, perhaps, would be more aptly dubbed World Congress in order to describe the far-flung implications of communication technology, much of which is now mobile.