The introduction of spectrum trading and more liberal spectrum band use could lead to a new range of services for wireless customers, industry analysts have predicted.
According to an Analysys report, Spectrum Trading and Liberalisation, such trading and liberalisation could lead to 'significant changes in the structure of existing wireless telecoms markets', leaving network operators facing big uncertainties over their current business models.
"Regulators seeking to maximise competition and innovation in wireless service markets should introduce spectrum trading with liberalisation of spectrum use," said Ross Pow, co-author of the report.
He said spectrum trading alone would lead to some efficiency gains in the market, but combined with liberalisation in the use of spectrum would lead to much greater levels of technical and service innovation, with 'considerable benefits' for customers in the range and cost of services they will be able to buy.
"All wireless telecoms players should urgently re-examine their business models and strategies," warned Pow.
The study also highlights that operators could face greatly shortened product life cycles, the intensification of innovation-driven price competition, and a decline in long-term operating margins.
Spectrum trading will also fuel investment in new technologies such as WiMax.
"It is essential that players understand these interactions, as they need to drive outcomes in the uncertainty that spectrum trading and liberalisation create in national and international markets," said Pow.
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