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Tag: auction
Dominion Virginia Power wins second competitive offshore wind lease auction
2013-09-09 01:00:00| Power Technology
Dominion Virginia Power has won the bid in a federal auction to lease 112,800 acres of land on the outer continental shelf off of Virginia to construct a 2,000MW offshore wind power plant, which is expected to generate enough energy to power more tha
Tags: power
virginia
wind
competitive
Bangladesh raises USD 735 mln in 3G auction
2013-09-08 13:29:00| Telecompaper Headlines
(Telecompaper) Bangladesh's four mobile operators have secured 3G spectrum after an auction on 08 September organised by the Bangladesh Telecommunication Regulatory Commission (BTRC). Grameenphone, the largest mobile operator in the country, acquired 10 MHz in the 2,100 band for USD 210 million. Robi, Banglalink and Airtel each acquired 5MHz for USD 105 million. Teletalk, the sole state-run mobile operator, will be awarded 10 MHz spectrum for USD 210 million. The BTRC sold in total 35 MHz of spectrum for USD 735 million, the Dhaka Tribune reported. A total 40MHz was available in the auction. The reserve price was USD 20 million per MHz. Citycell, the oldest operator, sat out the auction after it was unable to raise the necessary financing.
Tags: usd
auction
bangladesh
raises
Finland halts 800 MHz spectrum auction after 8 months
2013-09-05 16:18:00| Telecompaper Headlines
(Telecompaper) The Finnish communications regulatory authority Ficora announced that it will interrupt the 800 MHz spectrum auction. Ficora will announce the resumption of the auction after reviewing the auction rules. The spectrum auction started in January this year and has now lasted about eight months. In order to conclude the auction, Ficora is planning to adjust the regulation of the auction. The auction will be halted on 19 September after a consultation on changes to the regulation has been concluded. The auction will resume with modified rules after a one-month break.
Tags: months
auction
finland
spectrum
BlackBerry plans quick auction to sell assets - report
2013-09-05 08:50:00| Telecompaper Headlines
(Telecompaper) BlackBerry plans to run a quick auction to sell off its assets, which could be wrapped up by November, people familiar with the matter told the Wall Street Journal. The smartphone maker announced in August that it had formed a special committee of board members to "explore strategic alternatives." Since then, the company has held preliminary talks with parties interested in buying part or all of the company, the paper said. It has narrowed its list of potential bidders to seek out in a sales process expected to begin soon. People close to the process said that financial players in Canada and the US, such as the Canada Pension Plan Investment Board and Bain Capital, are expected to consider bids, as well as some Asian tech companies including Chinese smartphone and computer maker Lenovo. Any deal will likely include more than one buyer each taking over part of the company, the report said.
New Zealand to auction 700 MHz spectrum in October
2013-09-05 01:55:00| Telecompaper Headlines
(Telecompaper) New Zealand ICT minister Amy Adams has outlined the timing, reserve price, and implementation conditions for the upcoming auction of the digital dividend radio spectrum. The 700 MHz spectrum auction is scheduled to begin on 29 October with nine lots of 2x5 MHz available for an eighteen year term. Bidders will initially be limited to acquiring a maximum of three lots each. If some lots remain unsold after the initial auction round closes, the limit may be increased to four. The reserve price for each of the lots has been set at NZD 22 million. The auction terms will provide a deferred payment option for successful bidders over five years, subject to payment of a commercial interest rate. The auction conditions also include requirements for mobile network operators to upgrade their existing rural cell sites to 4G capability within five years, and for successful bidders to continue expanding cellular coverage. Bidder registration is expected to open on 11 September.
Tags: october
zealand
auction
spectrum
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