The auction of radio spectrum received no bids in round 45. If round 46 is also clear, the auction will be concluded — currently the total amount bid stands at $37,095,066.
The three main players in the third-generation (3G) spectrum rounds, Telecom, Telstra Saturn and Vodafone, have each bid just under $5.5 million for rights to three of the four chunks allocated.
The fourth falls under the control of the Maori Council as part of the government’s Closing the Gaps policy. It will be sold at a premium to any company that wishes to work in conjunction with the council.
Bidding in the 3G segment has been slow, with almost no competition within each segment — the three main players each chose one of the three available slots and stuck to bidding in that space.
The 2G auction has in contrast produced more of a struggle as companies vie for control of spectra that will allow current cellular technology to be deployed. 3G spectrum will be used for future developments, such as high-speed data transfer via cellular phones.
The Ministry of Economic Development Web site offers further details: auction.med.govt.nz.