In this episode of the Spectrum Policy podcast, Martin Sims interviews Peter Cramton, an expert in spectrum auctions and economics. They discuss the proposal for a wholesale spectrum regulator in Thailand, exploring the evolution of spectrum auctions, the challenges faced by mobile communications, and the rise of satellite communications. Cramton emphasizes the need for competition in the Thai market and the potential benefits of a wholesale regulator to enhance market dynamics and consumer choice.

Takeaways

• Peter Cramton has been involved in spectrum auctions since 1982.
• Spectrum auctions have raised hundreds of billions for governments globally.
• The economics of mobile communications has struggled over the last decade.
• Satellite communications, like Starlink, are transforming the market.
• Regulatory processes can hinder competition and innovation.
• A wholesale spectrum regulator could benefit Thailand's market.
• Market dynamics can improve with the introduction of MVNOs.
• Trading technology used in electricity markets can be applied to communications.
• The proposal aims to create a competitive environment for consumers.
• Regulators should focus on protecting consumers rather than special interests.