KB Enterprises and LS telcom are offering auction training opportunities for bidders and regulators at the LS telcom Training & Competence Center in Lichtenau Germany.

FOR BIDDERS
This three-day course is designed to allow operators who plan to participate in upcoming spectrum auctions the unique opportunity to participate in simulated auctions before the actual auction. This lab opportunity allows bidders to test their strategies in a simulated environment using software that can be set up to follow various leading auction designs and bidding rules. When it comes to spectrum auctions, knowing the rules is not enough. During the simulations your team will learn how to effectively participate in the auction and potentially save millions. Saving a single increment in the auction can mean a 10-20% savings for valuable spectrum. Instead of sitting around a conference room talking about “what ifs”, why not simulate the scenarios and refine your strategy before the auction using software that implements the specific rules established by the regulator.  Download the course description here:  Spectrum Auction Training for Network Operators

FOR REGULATORS
Spectrum auctions are used around the world to assign licenses for commercial spectrum. Beginning in the late 80’s countries began to transition away from using licensing processes based on comparative technical criteria and moved to auctions to award spectrum to the entities that value the licenses most highly (and will therefore put it to its highest use).

With the Internet, spectrum auctions can be simple and straightforward for regulators to conduct and just as easy for bidders to participate in. However, getting the auction design just right to avoid issues such as collusion and strategic gaming can be difficult, and providing bidders with simple and straightforward rules to follow can be equally problematic.  This three-day course will encompass training sessions for the unique auction design issues that regulators face as well as hands-on auction simulations to allow you to experience spectrum auctions in real-time.  Download the course description here: Spectrum Auction Training for Regulators.

If you are interested in group training at the LStelcom facilities, or to schedule private training sessions on-site, please contact us by clicking here.