The Australian Communications and Media Authority has signed a multi-year contract with Power Auctions LLC for the provision of software capability for conducting spectrum auctions.
The first use of Power Auctions’ software is expected to be for the upcoming auction of regional 1800 MHz spectrum, scheduled to commence in late November this year. This auction should facilitate the expansion of 4G mobile broadband services in regional Australia, leading to better mobile services and more choice for regional Australians.
Power Auctions is a global company headquartered in Washington DC, USA, which specialises in providing software and consulting services for online high stakes auctions. Power Auctions provided the combinatorial clock auction (CCA) capability to the ACMA for the $2 billion digital dividend auction in April 2013.
‘I am really pleased that the ACMA and Power Auctions will continue our great working relationship,’ said the ACMA Chairman, Chris Chapman. ‘The newly acquired spectrum auction software will better enable the ACMA to conduct auctions of highly valued radiofrequency spectrum, which will ultimately benefit Australian industry and consumers to access new technologies and services.’
Spectrum is a finite natural resource and in many bands demand from industry may exceed supply. When this happens, the ACMA typically allocates spectrum by auction. This provides a transparent process to establish a market price, ensuring licences are allocated to those who value them most highly.
The contract with Power Auctions provides the ACMA with ongoing capacity to conduct online spectrum auctions at short notice, using either the English open outcry or simultaneous multi-round ascending (SMRA) auction methodology. There is also an option to procure other flexible and innovative auction designs if required by the ACMA.
More information about the 1800 MHz auction can be found here.
For more information or to arrange an interview, please contact: Emma Rossi, Media Manager, (02) 9334 7719 and 0434 652 063 or email@example.com.
Media release 36/2015 - 30 July