7/31/2019 2G Spectrum Resale - A Few Roadblocks

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Xbg 0K Pg~eog=E Ig{ Pdeh`odna~[bcog xbg kdygpljglx ~ggj~ xd `g kdclk idp xbg ~ejgg*ewnxcdlclk vpdng~~ e~ cl >K/ cx {dwoh `g {c~g xd ogepl

ipdj xbg hgicncglncg~ cl xbex jdhgo

5Vpg*uweocstnexcdl Ndlhwnxgh DiffclgNdl~xpeclx= Evvocnexcdl~ idp vpg*uweocstnexcdl di `chhgp~ {gpg ldx ~glx dl*oclg, Jdpgdygp/ xbgs {gpg ~glx `s vd~x xd HdX/ ^elnbep @be{el/ 06 E~bdaePdeh/ Lg{ Hgobc,

^wkkg~xcdl= E~ vgp NYN~ elh HCX~ kwchgoclg~ idp g*xglhgpclk$g*vpdnwpg*jglx/ xbg ewnxcdlggp ~bdwoh `g e`og xd gognxpdlcneoos iencocxexg xbg vpg*uweoc*stnexcdl pdwlh ipdj xbg ~ejg vdpxeo, Xbg ~ejg vpenxcng ~bdwoh `g ehdvxghcl 0K g*ewnxcdlclk eo~d, Xbg vpg*uweocstnexcdl vepx di xbg vpdvd~gh 0K

ewnxcdl ~eog ~bdwoh eo~d g belhogh xbpdwkb xbg g*xglhgpclk jgxbdhdodks/e~ gygl g*xglhgpclk c~ ld{ `gclk jehg jelhexdps `s xbg kdygpljglx idpeoo xglhgp~ e`dyg f56 oeab~ cl yeowg/ ~es~ Mcxglhpe Adboc/ e vcdlggp elhgrvgpx cl xbg epge di g*vpdnwpgjglx elh g*ewnxcdl,

0Ndlsthglxceo Clid Kcygl xd Xbcph VepxsNdl~xpeclx= ,,eoo ndlsthglxceo clidpjexcdl ndlxeclgh {cxbcl xbg GognxpdlcnEwnxcdl ^s~xgj {coo `g enng~~c`og dlos xd ~xeii ex HdxGndl idp xbg vwpvd~g~ digl~wpclk xbg ~jddxb,,,E~ kcygl cl Ldxcng Clycxclk Evvocnexcdl~ hx, Ig pweps07/ 0656 `s xbg hgvep xjglx di xgogndjjwlcnexcdl~ "HdX#, Xbg ndlsthglxceoclidpjexcdl {e~ belhgh dygp xd HdxGndl "e Odlhdl*`e~gh ndl~woxelx# {bd

{e~ el ehyc~dp xd grgnwxg xbg >K g*ewnxcdl, Xbg vpgpguwc~cxg nel `g cpa~djge~ xbg clidpjexcdl nel `g ge~cos grnbelkgh {cxbdwx els jdlcxdpclk,

^wkkg~xcdl= Kdygpljglx distnceo~ ~bdwoh `g giignxcygos xpeclgh idp ndlhwnxclkdloclg ewnxcdl~ ~d e~ xd ldx xd pgjecl hgvglhglx dl ehyc~dp~ elh ldx kcyg dwxels clidpjexcdl xd xbg xbcph$vpcyexg vepxs,

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^wkkg~xcdl= Dxbgp xbel idnw~clk dl pg~gpyg vpcng/ xbg Xpec elh XgogndjNdjjc~~cdl ~bdwoh eo~d kcyg e pckbx di {es xd xbg ~gnwpcxs ndlngpl~/ e~xbg ewnxcdlclk vpdng~~ clydoyg~ xbcph vepxs e~ e ndl~woxelx elh bwkg jdlgsffd{~ cl `s xbg `chhgp~,

CLHGP AWJEP

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0K

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7/31/2019 2G Spectrum Resale - A Few Roadblocks

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hgstncglncg~ {coo `glgstx xbg grnbguwgp elh eo~dcjvpdyg xgogndj vglgxpexcdl, Ld{ {bgl xbg

~nbghwog c~ xckbx/ xbg HdX jes ndl~chgp xbgidood{clk {bcog stleoc}clk xbg ewnxcdlggp idp xbg

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7Jwoxc*pdwlh Vpdng~~= @g~x Vpcng Ldx GrxpenxghNdl~xpeclx=Cl xbg >K ^vgnxpwj Ewnxcdl vpdng~~/ vpcng glbelngjglx cl elskcygl pdwlh {e~ hgvglhglx dlos dl enngvxelng `s `chhgp~ di xbg Ewnxcdlggp~Pg~gpygh*Vpcng, Cl giignx/ xbc~ jes ldx grxpenx xbg `g~x vpcng ipdj xbg `chhgp~,

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