Billion dollar windfall from RF/MW spectrum Auction?

The forthcoming auctioning off of new portions of the microwave spectrum in the 18 Gigahertz band for new mobile phone carriers promises a new era for telecommunications technology, according to reports from Spectrum Management Agency (SMA).

The auction, being conducted by (SMA), the authority charged with management of the RF/MW spectrum in Australia, could raise between $900,000 million to $2.6 billion, according to estimates from the Centre for Telecommunications Information Networking.

(The Bulletin, Sept. 3, 1996)