The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Yesterday at 7:50 pm by nihal123

» Dividend Announcement
Yesterday at 5:03 pm by Ethical Trader

» සතියක් තුළ දී ඒකක 90 කින් කොටස් වෙළෙඳපොළ පහළට. විදෙස් විකුණුම් තවදුරටත්
Yesterday at 4:46 pm by Ethical Trader

» බියර් සමාගමේ ලාභය 133% කින් වැඩිවෙද්දී අරක්කු සමාගමේ ලාභය 83% කින් වැඩිවෙලා
Yesterday at 4:45 pm by Ethical Trader

» Obituary Notice.
Fri Aug 17, 2018 9:16 am by කිත්සිරි ද සිල්වා

» රුපියල 161.54ට යයි
Thu Aug 16, 2018 10:34 pm by nihal123

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Thu Aug 16, 2018 2:14 pm by lanka

» අනං මනං! #/+?.<>
Wed Aug 15, 2018 12:49 pm by Ethical Trader

» ආදායම් බද්දෙන් ආසිරි තැලෙයි
Wed Aug 15, 2018 12:30 pm by Ethical Trader

» Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts
Tue Aug 14, 2018 2:38 am by pjrngroup

» Sri Lanka's Hayleys group to sell assets to reduce debt
Mon Aug 13, 2018 10:05 pm by nihal123

» අපේ දුම්රිය සේවය තැබු ලෝක වර්තාව; වර්ජනයේ අරමුණ රුපියල් 11605 කින් පඩි වැඩිකර ගැනීම!
Mon Aug 13, 2018 3:05 pm by Yin-Yang

» "මාව පෙළඹෙව්වේ සංගක්කාර" - ඉන්දීය ක්‍රිකට් ක්‍රීඩිකා ස්ම්‍රිති මන්දනා
Sat Aug 11, 2018 5:08 pm by Ethical Trader

» Sri Lanka's Ceylon Tobacco net up 47-pct, volumes grow
Fri Aug 10, 2018 5:19 pm by Ethical Trader

» Sri Lanka's Tokyo Cement in the red, vessel sale adds to loss
Fri Aug 10, 2018 2:27 pm by The Invisible

» Sri Lanka’s Watawala Plantations June net down 57-pct
Fri Aug 10, 2018 2:26 pm by The Invisible

» Sri Lanka’s Aitken Spence Hotel June quarter losses rise 22-pct
Fri Aug 10, 2018 2:23 pm by The Invisible

» ඩොලරයේ වැඩිම විකුණුම් මිල අද වාර්තා වෙයි
Fri Aug 10, 2018 9:00 am by Ethical Trader

» BOC New Internet Banking System
Wed Aug 08, 2018 6:29 pm by Rana

» PB. N0000 (People's Bank)
Wed Aug 08, 2018 11:55 am by Ethical Trader

» දේශපාලනික වාසි උදෙසා සිදුවන ප්‍රතිපත්ති වෙනස්වීම් ගැන මහ බැංකුව මෙසේ කියයි
Wed Aug 08, 2018 11:34 am by Ethical Trader

» Amazing හෙළ වෙදකම
Wed Aug 08, 2018 11:00 am by Ethical Trader

» විදේශිකයෝ ඩොලර් මිලියන 229 ක බැඳුම්කර ආයෝජන ඉවත් කර ගනිති
Tue Aug 07, 2018 12:22 pm by Ethical Trader

» මූල්‍ය සමාගම් ඒකාබද්ධ කිරීම වක්‍රාකාරයෙන් සිදුවෙනවා – මහ බැංකු නියෝජ්‍ය අධිපති කියයි
Tue Aug 07, 2018 12:21 pm by Ethical Trader

» සිංගප්පූරු ගිවිසුමෙන් අපනයන වාසියක් නැහැ – මහ බැංකු අධිපති
Tue Aug 07, 2018 12:19 pm by Ethical Trader

» Sri Lanka to miss IMF forex reserve target; seek waiver
Mon Aug 06, 2018 10:45 am by The Invisible

» Sri Lanka targets lower forex reserves for end 2018
Mon Aug 06, 2018 10:43 am by The Invisible

» Sri Lanka economy to grow 4.0-pct in 2018
Mon Aug 06, 2018 10:42 am by The Invisible

» More curbs on cars as Central Bank battles trade gap
Mon Aug 06, 2018 10:40 am by The Invisible

» What Sri Lanka can do to improve the credibility of its dollar soft-peg
Mon Aug 06, 2018 10:39 am by The Invisible

» Sri Lanka's Hayleys Fabric back in profit in June quarter
Sun Aug 05, 2018 12:11 am by spw19721

» Sri Lanka keeps rates unchanged
Fri Aug 03, 2018 6:10 pm by Ethical Trader

» Sri Lankan shares end up 0.1-pct, foreigners buy NTB
Fri Aug 03, 2018 6:08 pm by Ethical Trader

» Sri Lanka sharply raises tax on small hybrid cars
Fri Aug 03, 2018 6:03 pm by Ethical Trader

» Sri Lanka inflation accelerates to 5.4-pct in July
Fri Aug 03, 2018 5:54 pm by Ethical Trader

» බදු ඉහළට. Wagon R, Japan Alto, Spacia ඇතුළු පොඩි කාර් මිල වැඩිවෙන්නේ මෙහෙමයි
Fri Aug 03, 2018 1:28 pm by කිත්සිරි ද සිල්වා

» India police hunt eight men after sex attack on goat
Wed Aug 01, 2018 1:04 pm by slstock

» Yes, we Khan!
Wed Aug 01, 2018 1:03 pm by කිත්සිරි ද සිල්වා

» ඡන්ද කටේ ,කුලියාපිටියේ ඇදෙන Volkswagen කතාවේ ඇත්ත තත්ත්වය මෙහෙමයි
Wed Aug 01, 2018 7:46 am by serene

» Should CSE be like this? Whose FAULT is it?
Tue Jul 31, 2018 8:24 pm by spw19721

» ලෝකය යා කරන චීන ඉදිකිරීම් වේගවත් කරන යෝධ යන්ත්‍ර
Tue Jul 31, 2018 6:08 pm by Ethical Trader

» 'කාලතුවක්කු උණ්ඩ ගස': "ඉන්දියාවේ තබා ආසියානු කලාපයේ ශාකයක් නොවෙයි"
Tue Jul 31, 2018 5:49 pm by Ethical Trader

» Happy Birthday
Mon Jul 30, 2018 10:27 pm by serene

» Whats ailing Sri Lanka ? Why we are what we are!
Mon Jul 30, 2018 5:48 pm by Ethical Trader

» Lunar Eclipse
Sun Jul 29, 2018 10:56 am by Ethical Trader

» ගුවන් යානා තුළ මකුණන් සිටීමට හේතුව කාලගුණය බව 'එයාර් ඉන්දියා' සමාගම පවසයි
Sun Jul 29, 2018 10:54 am by Ethical Trader

»  Woman finds frog parts in her packet of 'kottu'
Sun Jul 29, 2018 8:42 am by කිත්සිරි ද සිල්වා

» අඟහරු ග්‍රහයා මත ද්‍රවීය ජලය ඇති 'විලක්' ඇතැයි හෙළිවේ
Thu Jul 26, 2018 5:02 pm by Ethical Trader

» තායිලන්ත ලෙනෙන් මුදවාගත් දරුවන් තාවකාලික පැවිදි දිවියට
Wed Jul 25, 2018 10:08 am by Ethical Trader

» ආබාධිත තත්වයක් නිසා හොඬයේ ආධාරයෙන් ඇවිදින අලි පැටවෙකු මත්තල දී හමුවෙයි
Tue Jul 24, 2018 9:59 am by Ethical Trader

August 2018
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
262728293031 

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Lankan attempts to start 5th US mobile carrier

Go down

Lankan attempts to start 5th US mobile carrier

Post by Backstage on Sun Nov 15, 2015 2:16 pm


Lankan attempts to start 5th US mobile carrier
by Kif Leswing


A plan to build a company to take on AT&T and Verizon in the USA isn't as crazy as it seems, but it hinges on next year's FCC spectrum auction.


There are few industries with higher barriers to entry than wireless networks. You either have to be crazy or have insanely deep pockets to compete against the likes of AT&T, Verizon, T-Mobile, and Sprint.
Social Capital's Chamath Palihapitiya, a former Facebook executive, said on Tuesday that he intends...... to build an American mobile carrier called Rama. It's good timing—the window for building a fifth major American telecoms is closing, and soon, it may not be possible anymore.


But before Rama sells a single phone or data plan, it must first spend billions of dollars to buy spectrum at auction.
A full-fledged mobile operator needs exclusive rights to certain radio frequencies for its network to work, and the USA is running out of underused frequencies. In the wireless industry, the rights to those frequencies are called spectrum, and are administered by the Federal Communications Commission. You can think of spectrum like real estate—it's valuable, and they're not making any more of it. For example, the block of spectrum currently used for mobile phones is already divided and claimed by the big carriers.


Next year, the Federal Communications Commission is going to auction off blocks of spectrum previously used for TV broadcasts. They're likely to be last pieces of spectrum well-suited for cell phone networks to go on sale in the USA for a long-time and Rama plans to bid for them.


Palihapitiya believes Rama will spend between US$4 billion and $10 billion to win the spectrum it needs to run its network. He reportedly already has big-named investors lined up to provide the funding, although he declined to name them.
But Rama is going to have to compete with some deep-pocketed companies, including the carriers he wants to take on. AT&T, Verizon, and T-Mobile have already declared they plan to bid on the spectrum, and they could be joined by technology firms like Google, Charter, Dish and Comcast as well.


Next year's auction is shaping up to be a bidding war for the radio frequency equivalent of beachfront property, and spectrum isn't cheap to begin with—the last FCC spectrum auction closed at nearly $45 billion this past January.
Even if Rama ends up winning the spectrum it needs, it faces an uphill battle. First, the company will have to start the slow and expensive process of actually building the towers and infrastructure that make up a wireless network. Palihapitiya said he wants to use "microcells," or tiny cell towers installed on people's homes, to help build the network quickly and provide better coverage.
As for what Rama would do differently than the incumbent carriers, it would revolve around software from LotusFlare. Currently, LotusFlare makes software that lets people in developing regions monitor their data usage, and it could be a major improvement over the customer service and billing options currently offered by the big carriers. Earlier this year, Google reportedly tried to acquire LotusFlare.


Rama could also sell itself on a simple billing structure, like Google's Project Fi, which transparently charges customers based on the amount of data they use.
"There's a whole bunch of issues that carriers aren't trying to solve. All these things are now just totally broken," Palihipitiya told Business Insider.
But before Rama starts building its "new, modern carrier," first it has to win the spectrum auction. If it doesn't win, it's going to be nearly impossible to build a national mobile operator. Palihapitiya's plan to take on AT&T and Verizon might be a long shot, but it's now or never.(Fortune)
avatar
Backstage
Top contributor
Top contributor

Posts : 3279
Join date : 2014-02-24

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum