Open access wireless markets

Abstract

A B S T R A C TThis paper describes an open access market for capacity. Open access means that in real-time, network capacity cannot be withheld-capacity is priced dynamically by the marginal demand during congestion. The paper offers the open access market as a means for managing growing spectrum demand and as an alternative to naked spectrum sharing. The paper describes the parameters of the open access market showing that it can be implemented using today's technology and without significant regulatory change. The paper discusses how the open access market can eliminate barriers at the service level, allowing any number of service providers to compete in response to market drivers. The paper emphasises that the spatial and temporal granularity at which capacity can be purchased, allows for smaller entities to acquire resources, which is important for new entrants testing the water and those with non-standard business plans. The paper also shows how the open access market can provide a path to achieve greater sharing and efficient trade in the future.

On the Interdependence of the Financial Market and Open Access Spectrum Market in the 5G Network

“…In this paper, we analyzed the functioning of the open market with an internal organization similar to that proposed in Cramton and Doyle [11]. In this environment, we studied the impact of the financial risk-free rate of return on the secondary spectrum market.…”

“…According to Cramton and Doyle [11], the barriers to entry to the market dealing with network capacities are removed, and anyone can gain access to mobile communication services at nondiscriminatory prices. In contrast, because network capacities are scarce, their pricing satisfies the returns to owners, and prices economically regulate the network.…”

“…Various investors lease and sell power plant capacity through various financial instruments (forwards, options), thus increasing market efficiency. According to Cramton and Doyle [11], the electricity market arrangement organization provides ideas and solutions that are directly applicable in the open access markets with frequency spectra.…”

“…In their proposal on the open market organization, Cramton and Doyle [11] distinguish POs, SOs (e.g., mobile network virtual operators (MVNO) and operators with regional importance), and end users. Network capacities should be traded in the wholesale (i.e., POs, SOs) and retail markets (service demand by end users).…”

Substitutability of Spectrum and Cloud-Based Antennas in Virtualized Wireless Networks

“…Auction theory has also been used to model access to secondary spectrum [9]. Other works have focused on auctioning network capacity provided by one network operator [10]. Only recently the auctioning of multiple heterogeneous resources has started to attract attention [11].…”