A Broadband and ADSL forum. BroadbanterBanter

Welcome to BroadbanterBanter.

You are currently viewing as a guest which gives you limited access to view most discussions and other FREE features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload your own photos and access many other special features. Registration is fast, simple and absolutely free so please, join our community today.

Go Back   Home » BroadbanterBanter forum » Newsgroup Discussions » uk.telecom.broadband (UK broadband)
Site Map Home Register Authors List Search Today's Posts Mark Forums Read Web Partners

uk.telecom.broadband (UK broadband) (uk.telecom.broadband) Discussion of broadband services, technology and equipment as provided in the UK. Discussions of specific services based on ADSL, cable modems or other broadband technology are also on-topic. Advertising is not allowed.

3G and UMTS Auctions in the EU in 2000 and 2001 and the failure of Finland

Thread Tools Display Modes
Old July 9th 04, 09:56 AM posted to uk.telecom.broadband,uk.telecom.mobile,comp.dcom.telecom.tech
external usenet poster
Posts: 1
Default 3G and UMTS Auctions in the EU in 2000 and 2001 and the failure of Finland

3G and UMTS Auctions in the EU in 2000 and 2001 and the failure of

There have been many good game theoretical papers written on these 3G
and UMTS auctions in the European Union in 2000 and 2001. The main
conclusion is that the prices of any auctioned licenses have fallen to
low percentages of the original auction prices of these licenses.

I believe Finland was very incompetent during this auction process. Of
course, one may have not necessarily known that the telecommunication,
computer and Internet industries fall in 2000 and 2001, although some
people had already forecast this since 1998 and 1999. I believe that
people in the Central Bank of Finland would have been able to read the
signs of the world economics to understand the development of the
world at the time. But they failed and so Finland, people of Finland
and any Finnish telecommunication entities involved in these auctions
lost a magnificent amount of EUROs. I believe that two errors were
made in the strategic approach of Finns in the game of the future 3G
and UMTS telecommunication infrastructu

1. Finland never auctioned its air space, but gave it away freely,
while it purchased air space of other EU states

2. Finland did not make proper future financial and technological
analysis of 3G - UMTS future developments and so paid too much for

As a conclusion I may say that Finland was blinded by their own
apparent and partly virtual success with its Nokia Corporation in the
end of the 1990s. So Finland became arrogant and lost it all. It is
also quite believable that these wrong decisions and choices by Finns
in the 1990s and in the beginning of the 2000s have contributed to the
failure of the economy of Finland and the fall of the independency of
Finland. I would blame all current leaders of Finland for achieving
this "greatness", although the secrecy around the German auction made
it more intriguing to all participants and so blinding them even more.
Finns probably were blue eyes in Germany as it has often been told so.

Interestingly these 3G, UMTS and other telecommunication prices
started falling just few days after my divorce in Atlanta, the U.S.A.
in March, 2000. I believe I am connected to this development and
telecommunication evolution somehow without really knowing everything.
For example, my former U.S. spouse's Sun Microsystems stocks have been
falling ever since they divorced me in March, 2000. My former U.S.
spouse may remember what happened in a room, where we had the
separation agreement negotiation on the day of 3/9/2000 and how all
people in the city building of Lawrenceville, Georgia, the U.S.A. had
to leave the building. It was just something unexplainable and

Markku (Mark) J. (John) Saarelainen (Islander)
Varkaus (Theft), Finland

Varkaus means theft so .. Theft, Finland ... Mark J. Islander from
Theft, Finland .. some people live in the place called "Hell" in
Cayman Islands, where I visited too, but it was too hot for me ... but
I live in the place called "Theft" in Finland. My eyes are brown and

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Bulldog Primetime 2000 Toby Groves uk.telecom.broadband (UK broadband) 3 February 14th 04 07:38 PM
Thanks wireless Voyager 2000 Marky uk.telecom.broadband (UK broadband) 0 January 22nd 04 08:03 PM
Strange ADSL failure Anthony uk.telecom.broadband (UK broadband) 9 December 11th 03 11:12 PM
Cisco 837 with Demon Business ADSL 2000 Alun Bell uk.telecom.broadband (UK broadband) 2 November 26th 03 02:48 PM
BT Voyager 2000 Kevan uk.telecom.broadband (UK broadband) 0 October 15th 03 08:38 AM

All times are GMT +1. The time now is 06:38 AM.

Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.Content Relevant URLs by vBSEO 2.4.0
Copyright 2004-2020 BroadbanterBanter.
The comments are property of their posters.