Pre-Conference Workshop: Spectrum Auctions and Valuation in the 4G Era
Preparation for acquisition or award of spectrum: Assessing Spectrum Needs; Bidding in a Live Combinatorial Clock Auction; Valuing 4G Era Licenses
All delegates attending the main conference will have the option to also participate at this interactive half-day workshop, which will be co-ordinated by Johanne Lemay and Robert K. Yates of Lemay Yates Associates, Inc.
The workshop will be conducted in an interactive round-table format to facilitate blending of participants’ experiences as bidders or regulators with LYA’s extensive dataset and practical experience bidding in spectrum auctions.
Workshop Agenda
12:30 - 13:15 Welcome lunch and Registration
13:15 - 14:15 Session 1: Introduction and scene setting discussions
i. Background discussion of approaches to assess needs for additional spectrum for individual carriers
How much spectrum is needed per carrier; Translating customer demand to MHz; Review of 4G spectrum prices around the world including comparison of spectrum values and evolution in different bands, discussion of the impacts of policy objectives and license conditions;
ii. Impacts of auction design on values and implications for successful bidding strategies
Impact of auction design on spectrum prices (A comparative overview of auction designs (SMRA, CCA, Spectrum Set Asides, etc.); how differences between these impact how much you pay
14:15 - 14:45 Session 2: Basics of CCA auctions and preparation for bidding using the LYA CCA Auction Platform
Overview of CCA auctions; Introduction to LYA’s CCA Auction Game Simulator, which will provide the opportunity for workshop participants to bid in a live CCA mock auction against a set of robotic bidders in clock phase and sealed bid rounds.
14:45 - 15:00 Coffee Break
15:00 - 17:00 Session 3: Live CCA Mock Auction and Review of Bidding Results
Workshop participants will be divided into groups and provided with bidding targets and an auction budget. Learn about anonymous bidding, revealed preference rules, package bidding, clock and sealed bid processes, winner determination and pricing. Review of the results of the live auction, discussion of bidding tactics, and developing an understanding of winner determination and final pricing
17:00 - 17:15 Wrap Up
For more information please contact Tom Chinnock tom.chinnock@forum-global.com / +44 (0)2920 783 025.
Logistics
When
Mon 22 October, 2012 12.45 to
Wed 24 October, 2012 17.30
EDT
Where
Washington Marriott Hotel
1221 22nd Street NW
Washington, D.C.
20037 USA
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