Articles about Auction

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FCC 126MHz 5G auction

The FCC says that it will be able to offer 126MHz of spectrum space to US cell networks in its upcoming auction. The American comms regulator set the target with a planned May 31 start date for the auction, in which wireless carriers will bid on spectrum space previously used by TV stations for over-the-air broadcasts. The …
Shaun Nichols, 29 Apr 2016
£10 notes. Pic: Howard Lake

Ah, so that's why Adapt wasn't put in the shop window in 2015

The reason why Lyceum-backed Adapt remains Lyceum-backed is contained in their latest set of annual profit and loss accounts - company growth stalled and so a sales process was halted. The London-based outfit was expected to come onto the market last last year and tasked M&A and corporate finance advisor ARMA Partners with …
Paul Kunert, 18 Apr 2016
Pawn Shop

Cash-strapped Sprint to raise $2.2bn by flogging off its network hardware

Mobile carrier Sprint says it will raise $2.2bn by selling and then re-lease its own network hardware. The SoftBank-owned US telco said it will use money from the sale to return to profitability by providing a much-needed infusion of cash, as it works to turn around a business that had become a cash sink. "Sprint and SoftBank …
Shaun Nichols, 07 Apr 2016
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Done making the big stuff better? The path to Apple's mid-life crisis

Apple at 40 Forty years ago today, Yasser Arafat was on the front page of The New York Times, the cover of Time magazine was screaming about "The Porno Plague," Johnnie Taylor sang "Girl you ought to be on T.V. on soul train" as his "Disco Lady" topped the US pop charts, and the Apple Computer Company was born. Apple co-founder Steve …
Rik Myslewski, 01 Apr 2016
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Web hosting and domain name merchant UK2 Group puts up for sale sign

Hosting and domain name registrar UK2 Group is using the services of an investment banker to find a buyer - the second such attempt in a year, sources have claimed. Torch Partners is running the process on behalf of owner LDC, the mid-market private equity wing of Lloyds Banking Group, which took a majority stake in the group …
Paul Kunert, 24 Mar 2016
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SoftBank crashes into America's broadband spectrum party, checkbook in hand

US carrier Sprint could be getting in on the upcoming FCC wireless spectrum auction after all. According to a report from financial news service CTFN, SoftBank, based in Japan, is reportedly mulling a run at the upcoming 600MHz auction. The report claims SoftBank would form a new company that would bid on the spectrum space …
Shaun Nichols, 14 Mar 2016

Feel old? You will now: Blighty's mobile network Three is a teenager

Hutchison Whampoa’s Three network turns 13 today. The fifth mobile network to launch in the UK went live on … the March 3, 2003. Or 3-3-03. (Geddit? The date was no accident: 3 is a lucky number in Chinese culture.) Car crash Even with Hutch’s billions behind it, 3 had a rotten launch. The entire industry was suffering a …
Andrew Orlowski, 03 Mar 2016

Activist investor tells dot-word biz to sell off 'garbage' new domains

One of the biggest names in the domain name market, Rightside, has been hit with a broadside from an activist investor. J Carlo Cannell, who owns 7 per cent of the public company through his Cannell Capital company, filed an extraordinary and at times abusive letter with the SEC in which he outlined his frustration with the …
Kieren McCarthy, 02 Mar 2016

Institute of Directors: Make broadband speeds 1000x faster than today's puny 2020 target

Forget the government's paltry promise of universal broadband speeds of 10 Mbps by 2020. The Institute of Directors is today calling for a target of 10 gigabits per second by 2030. In its Ultrafast Britain Broadband report, author Dan Lewis said Blighty currently lives in a paradox. "It has some of the worst broadband speeds …
Kat Hall, 29 Feb 2016
Google provides great mobile coverage for Yetis

Indian DEITY tells Google to choose broadband bride

The Indian government has asked Google to tie the knot with a local carrier, so it can begin trialling Project Loon in the country. The Chocolate Factory's heavenly broadband project attracted the attention of India's DEITY (Department of Electronics and Information Technology) in November 2015, but access to spectrum has been …

No tit for tat, or should that be tat for tit ... Women selling stuff on eBay get lower bids

It's no secret that women tend to be paid less than men across many professions, and now researchers say the pay gap even extends to goods sold online. A pair of academics in Israel studying eBay auction results over a three-year period found that when selling the same items, both new and used, female sellers got a lower …
Shaun Nichols, 20 Feb 2016

India's ‘Facebook ruling’ is another nail in the coffin of the MNO model

Nobody could accuse India’s telecoms regulator, TRAI, of being in the operators’ pockets. This month it has, once again, set eye-watering reserve prices for the upcoming 700 MHz spectrum auction (see separate item), and now it has taken one of the toughest stances in the world on net neutrality, in effect banning zero rated or …
Wireless Watch, 15 Feb 2016

Ofcom spent £10m in past 2 years desperately lobbing away sueballs

Updated Communications regulator Ofcom spent nearly £10m over the last two years fighting off legal threats by providers, according to a Freedom of Information response. During that time the regulator splashed the cash instructing lawyers to fight off legal challenges against its decisions, as well as salaries for in-house legal bods …
Kat Hall, 12 Feb 2016
Stanley Kubrick's The Shining

Anova takes small slice of failing AOptix

Free-space optics vendor AOptix is reportedly on skid row, with Anova Technologies catching part of the company on the way down. The company's ULL3000 "ultra-low latency division" will become part of Anova, and in a media release the buyer says it will retain "core employees" at AOptix's Silicon Valley campus. AOptix is one …
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EU could force countries to allocate 700 MHz band to mobile by mid-2020

New legislation could force EU countries to make sure the 700 MHz band of spectrum is made exclusively available for mobile services by the middle of 2020. The European Commission has published proposals to introduce new laws that would require EU countries to “allow the use of the 694-790 MHz frequency band for terrestrial …
OUT-LAW.COM, 08 Feb 2016
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Optus, Telstra, TPG and Vodafone spaff AU$543.5m on spectrum

Australia has scored AU$543.5m (US$391m) for part of its 1800 MHz spectrum. The The Australian Communications and Media Authority (ACMA) has announced the outcome of auctions it initiated in November 2015, with the following results. Bidder Total price Optus Mobile $196 million Telstra $191 million …
Simon Sharwood, 05 Feb 2016

Alphabetti spaghetti: What Wall Street isn't telling you about Google

Alphabet, Google’s parent company, has made the front page with its latest financials – overtaking Apple as the world’s most valuable public company. But size isn’t everything. The numbers illustrate the nature of Alphabet’s grip over digital trade – with Alphabet really controlling the price of transactions, and what value …
Andrew Orlowski, 02 Feb 2016
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Indonesian government cracking the whip on lazy telcos

Indonesia's crowded mobile carrier market is set for a consolidation one way or the other, with the country's communications minister warning minnows they could lose their operating licenses. The world's fourth most populous nation, with about 250m souls inside its borders, has ten mobile carriers. The United States' 320m …
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America to ITU: Sort out your spectrum policy

America is threatening to “go it alone” on spectrum policy, again. Speaking to think-tank New America, Federal Communications Commissioner Michael O'Reilly took a swipe at last year's World Radiocommunication Conference and said America “and other countries … will move forward in key spectrum areas, such as 600 MHz and 28 GHz …

Optimus Prime goes under the hammer

Film buffs with deep pockets and a really big garage should consider moseying on down to the forthcoming Barrett-Jackson Scottsdale auction, where the 1992 Peterbilt 379 Optimus Prime tractor will go under the hammer. The Optimus Prime Peterbilt tractor The custom rig appeared in three Transformers movies playing the …
Lester Haines, 14 Jan 2016
Motorola Aura

Motorola cut in half! But still alive, and ready to live again

Reports of Motorola's death (well, of the iconic brand at least) are looking premature, so calm down guys, you'll still get to see your batwings. Owner Lenovo has now said it will not only promote the "Moto" name (please note, not the cumbersome four syllable mouthful of "Motorola"), but also retain the iconic batwings logo, …
Andrew Orlowski, 08 Jan 2016
Amputation

Slimmed-down Verizon looks to lop off another piece of itself

Verizon is reportedly looking to sell off some of its data center facilities, in what would be a continuation of the telecom giant's move away from its non-wireless business. A report from Reuters cited sources familiar in claiming Verizon has begun an auction process for the data centers that make up its colocation business. …
Shaun Nichols, 07 Jan 2016

Rumor mill in overdrive as Dell pumps up Perot price, Atos offers $4.3bn

The sale of Dell's hospital IT consulting arm, Perot Systems, has hit a frenzy of speculation, with Atos reportedly leading the pack of companies with a $4.3bn offer. Dell let companies know it wanted to auction off Perot late last year and put out a $5bn price tag. Since then a series of media leaks have pitched companies …
Kieren McCarthy, 05 Jan 2016
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Oh my Tosh: SanDisk chatted to 3 other buyers before WD slurp

Comment Three other potential buyers were circling around SanDisk when it was being bought by Western Digital Corporation. A WD S-4 registration statement filing reveals Companies A, B, C and D were also involved in a potential purchase of SanDisk during the period in which it talked about a buy. The WD and SanDisk CEOs first met on …
Chris Mellor, 15 Dec 2015
Ofcom has great power over mobiles

Ofcom retreats from 4G spectrum auction after legal threat from Three, O2

Ofcom has halted its 4G spectrum auction, following threats of legal action from Telefónica UK and Hutchison. The two mobile operators are currently being probed by antitrust officials in Brussels, who are considering whether Telefónica UK's planned sell-off of O2 to Three owner Hutchison "would harm competition". The firms' …
Kelly Fiveash, 04 Dec 2015
Small screen multitasking

Video malvertising campaign lasted 12 hours? Try two months

A malvertising campaign exploiting online videos to fling poison at netizens actually lasted for two months rather than the 12 hours previously reported, according to new research which suggested the previously unfavoured medium may be ripe for exploitation. Contrary to The Media Trust's report that a video malvertising …

Malvertising: How the ad model makes crime pay

Feature The exploitation of online advertising networks by malware-flingers is expected to cause up to $1bn in damages by the end of this year, but despite ongoing regulatory efforts, it is not clear to whom the liability for these enormous losses will fall. The increasingly sophistication with which online advertisers profile users …
eBay

Obama: Let me spam 600,000 of your customers with a TPP sales pitch. eBay: Sure thing, Barry!

President Obama is taking his case for the Trans Pacific Partnership (TPP) online with a spammy pitch to eBay merchants on how the trade deal will benefit them. The US Commander In Chief sent a letter to 600,000 eBay sellers outlining the virtues of the controversial international trade deal that, according to Obama, will make …
Shaun Nichols, 12 Nov 2015

Scarface's explosive 'Little Friend' goes under the hammer

The M16 rifle used to explosive effect by Al Pacino as Cuban drug dealer Tony Montana in the climactic battle scene of Scarface goes under the hammer later this month in Los Angeles. The Scarface M-16. Pic: Julien's Auctions The non-firing firearm, complete with prop M203 grenade launcher, features large and loud in Brian …
Lester Haines, 06 Nov 2015
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FCC under fire over TV, mobile broadband signal interference fears

Staff at the FCC, America's communications watchdog, have been accused of not doing enough to prevent TV broadcasts from interfering with mobile broadband signals. This comes as television stations in the US prepare to auction off some of their radio frequencies, which can then be used by cellphone networks to extend their …
Shaun Nichols, 27 Oct 2015
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Ofcom won’t hold back in latest mobile spectrum auction

Comment Ofcom has announced its plans for the promised auction of 2.3GHz and 3.4GHz spectrum. And it’s “steady as she goes”. A total of 190 MHz of new spectrum will be auctioned: 40 MHz of spectrum within the 2.3 GHz band (2350-2390 MHz) and 150 MHz of spectrum within the 3.4 GHz band (at 3410-3480 MHz and 3500-3580 MHz). But, …
Simon Rockman, 26 Oct 2015

Apollo 15 commander's watch clocks up $1.6m at auction

A timepiece worn by Apollo 15 commander Dave R. Scott on the surface of the Moon has sold at auction for an astronomical $1,625,000. Apollo astronauts normally strapped a standard NASA-issue Omega Speedmaster Professional to their wrists, but Scott carried a personal Bulova Wrist Chronograph as back-up on the 1971 mission. It …
Lester Haines, 23 Oct 2015

Fully working U-Boat Enigma machine sells for $365,000

A fully-functioning four-rotor M4 Enigma WW2 cipher machine has sold at auction for $365,000. The M4 Enigma which sold at auction yesterday. Pic: Bonhams Rare and pricey. Pic: Bonhams The German encryption device, as used by the U-Boat fleet and described as "one of the rarest of all the Enigma machines", went under the …
Lester Haines, 23 Oct 2015
Spectre, photo Metro Goldwyn Mayer Studios Danjaq and Columbia Pictures Industries

Crash this beauty? James Bond's concept DB10 Aston debuts in Spectre

Bond on Film Aston and Martin. Two words as synonymous with Britishness as “cuppa” and “tea” or “Her” and “Maj.” Of course Aston Martin is synonymous with something else, too: James Bond. It was a DB5 that debuted in Goldfinger in 1963 and which Bond won in a poker head-to-head in Casino Royale with Alex Dimitrios. The car soon became a …
Gavin Clarke, 23 Oct 2015
Stanford's MARTY car

Wait a minute, Doc! Are you telling me that you built a self-driving car ... out of a DeLorean!?

Vid Stanford University researchers have built an electric-powered self-driving DeLorean just in time for Back to the Future II day. Dubbed Multiple Actuator Research Testbed for Yaw control, or MARTY for short, the tricked-out 1981 sportscar has been upgraded by the mechanical engineering department at the Silicon Valley feeder …
Shaun Nichols, 21 Oct 2015
An Apple 1

Apple 1 goes on sale, expected to fetch £300,000 to £500,000

If you've half a million pounds burning a hole in your pocket, get thee to the web site of posh auction house Christie's and place a bid on an Apple 1 going under the hammer on October 29th. Christie's says the machine is one of only about 50 known to exist, of the 200-odd hand-made by Steves Jobs and Wozniak. This one hasn't …
Simon Sharwood, 16 Oct 2015

Cybercrime bazaars: What's for sale in the online underworld?

Intel Security has published a study that aims to shed light on the business deals, negotiations and pricing involved in the hidden underworld of the cybercrime economy. The Hidden Data Economy report (PDF), follows years of close work with law enforcement and ongoing monitoring of online platforms, communities and …
John Leyden, 15 Oct 2015
Facepalm

Freelancer.com code exposes bids to competitors

UPDATE Pay-peanuts-get-monkeys project auction site Freelancer.com seems to have had its own site built on cents-per-hour rates, and has ended up with an embarrassing information disclosure bug. The site's programming error embeds far too much information in the HTML associated with project pages, letting those in the know look over …

Dot-gay bid fails again: This time because it is too gay

This time last year, the applicants for the internet top-level domain .gay were stunned to find that their application to be recognized as a "community" was rejected because they weren't gay enough. After successfully arguing for re-evaluation and waiting nine months for the result, Dot Gay LLC has now been told the self-same …
Kieren McCarthy, 09 Oct 2015
Sharon White, new head of Ofcom, former Second Perm Sec at the Treasury

Ofcom chief warns that carrier aggregation may be bad for consumers

Analysis The mergers of O2 and Three, and BT and EE, could drive prices up for consumers and be A Bad Thing. This is the warning given by Ofcom boss Sharon White in a presentation to the London School of Economics this week. She warned that fewer mobile operators could lead to prices rising. The mergers of telcos is pretty much the …
Simon Rockman, 09 Oct 2015

Apollo 15 commander's lunar timepiece goes under the hammer

A watch worn by Apollo 15 commander Dave R. Scott on the surface of the Moon goes under the hammer later this month, and could sell for a cool $1m. The Bulova Wrist Chronograph was Scott's personal timepiece on the 1971 mission, carried as a backup to the standard NASA-issue Omega Speedmaster Professional worn by all Apollo …
Lester Haines, 07 Oct 2015
Carrie Fisher in Return of the Jedi

GENUINE STARSHIP as used by PRINCESS LEIA sold for just $450k

Princess Leia's CR90 Corvette, also known as the Rebel blockade runner, has been sold at a Los Angeles auction for $450,000. The miniature film prop was the first ship to appear in the Star Wars franchise, appearing straight after the famous opening text crawl from the first film Episode IV: A New Hope. Leia's ship is …
Team Register, 06 Oct 2015
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Like your job at Sprint? Yeah, about that ... $2.5bn in cuts coming

US mobile carrier Sprint plans to tighten its belt to the tune of up to $2.5bn in cost cuts over the next six months, a new report claims. The Wall Street Journal said on Thursday that it has obtained a memo outlining the plan that was sent to Sprint staffers this week by CFO Tarek Robbiati. In it, Robbiati reportedly said he …
Neil McAllister, 02 Oct 2015
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Ofcom: Ahem, about that 28GHz spectrum. Let's talk fees

Having found that it can charge more than it used to for mobile spectrum, Ofcom is planning the same trick for 28GHz Broadband Fixed Wireless Access. The pricing model radio spectrum charges used to be called AIP (administered incentive pricing), which covered Ofcom’s cost of administering the spectrum. But then Ofcom hit …
Simon Rockman, 02 Oct 2015
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Sprint passes on premium spectrum

Sprint says it will not take part in next year’s 600 MHz auction in the USA. In a press statement, CEO Marcelo Claure says: “Sprint has the spectrum it needs to deploy its network architecture of the future.” Instead of beefing up its airwave portfolio, the company says it will focus on improving services on the frequencies …
Bill Bennett, 28 Sep 2015

Is domain overlord ICANN the FIFA of the internet? We'll know this weekend

Special report When comedian John Oliver dedicated the bulk of his weekly show a year ago to soccer organization FIFA (Fédération Internationale de Football Association), he noted that most Americans had never heard of the organization. Over ten minutes, Oliver eviscerated the "comically grotesque organization," highlighting how it creates …
Kieren McCarthy, 24 Sep 2015
Google nutella

Who probes the Google probers? EU Commish in watchdog's sights

As the European Commission puts the screws on Google, the Commish itself is to be probed by the European Ombudsman over its handling of the long-running anti-trust case. The Ombudsman, Emily O’Reilly, confirmed in writing on Monday that she will investigate concerns raised by French company Interactive Lab, following its …
Jennifer Baker, 22 Sep 2015
VoLTE compatible: LG Revolution

Three VoLTEs to victory as it jumps into UK 4G voice offering

Mobe network Three is the first to offer UK 4G voice services, with the service going live Tuesday, taking advantage of the 800MHz spectrum which Three bought in the 2013 auction. The “low” 800MHz frequency gives much better coverage than existing services through other frequencies. Three claims its customers "will be able to …
Simon Rockman, 15 Sep 2015

ICANN has $60m burning a hole in its pocket – and it needs your help blowing it all

Domain-name overseer ICANN wants your suggestions for how it should spend the $60m it made from auctioning off new dot-words. In a discussion paper [PDF] published today, the wannabe-master-of-the-internet notes that it has $58.8m in a special bank account. Just under half of it stemmed from Google, which paid $25m for the …
Kieren McCarthy, 09 Sep 2015
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Hacker chancer looking for $500,000 after offering Clinton emails for auction

A hacker, claiming to be in possession of former US Secretary of State Hillary Clinton's secret emails, plans to auction them off, hoping to make at least $500,000 from the sale. The unnamed “computer specialist” told US-based entertainment publication RadarOnline that 32,000 emails from Clinton's private server are on offer …
John Leyden, 04 Sep 2015