Feeds

US startup launches online airwaves market

Secondhand spectrum swap

Build a business case: developing custom apps

Spectrum trading - the ability for licence holders to sell on, or sub let, their frequencies - has been broadly endorsed by both the FCC and Ofcom, so now a US company has done the obvious thing and set up a market for the buying and selling of radio frequencies.

SpecEx is launched today, with spectrum worth $250 million up for sale including everything from national two-way paging frequencies to point-to-point connections in specific locations. The site is being run by Spectrum Bridge Inc., which raised $2m in seed funding to put together the service to connect buyers with sellers.

$250 million is, of course, a drop in the ocean compared to the billions spent on spectrum, but it only represents what's on the market right now, and what Spectrum Bridge have managed to convince owners to hawk through the service.

They aren't the first to try either, as the Wall Street Journal reports. But previous efforts have failed to find enough buyers and sellers to sustain the market. This time around, spectrum use is less constricted, and with the FCC not planning any major sell-offs for a while yet, there's nowhere else for a prospective licensee to go.

The FCC will have to approve any exchange of spectrum, or even a sub-letting, but the service is a logical extension to the liberalisation of radio licensing, which has already seen some licensees buying spectrum with the avowed intention of reselling it at a profit.

Spectrum Bridge likes to draw similes with the property industry, which chimes with how our own Ofcom relates to spectrum, so they see SpecEx as an estate agent putting buyers in touch with sellers - though hopefully without the dodgy cologne and excessive use of superlatives.

Spectrum trading is inevitable, and there's clearly a need for a central repository, the only question is if SpecEx will be the company that makes a success of it, but the site is worth visiting if only to watch the mildly hypnotic display of available frequencies flashing by. ®

The essential guide to IT transformation

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
Shoot-em-up: Sony Online Entertainment hit by 'large scale DDoS attack'
Games disrupted as firm struggles to control network
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.