At that time, commentators said the estimate was conservative, but now they say the government may have been overly optimistic. Two national licenses are on offer, and the remaining spectrum over a number of lots equates roughly to two additional national licenses. Ltd. - have made deposits allowing them to bid for full national licenses. 3G Investments, which is owned by Qualcomm Inc. of the U.S., also has put up the maximum deposit. CKW Wireless Pty. Ltd., a subsidiary of Arraycomm Inc. of the U.S., has lodged only a small deposit, indicating it won't be a significant player in the auction process.
Bidders can bid for any of the lots during each window.
The auction will continue until there is a round where no new bids are lodged.