Re: There is no purpose to spectrum pricing than a tax by any other name
Interesting repercussions there, too.
The cost of that 3G spectrum was a whopping loss for the telcos, so they carried it forward and offset it against tax liabilities in subsequent years. Result: the telco whose tax affairs are most visible - on account of them being domiciled in Blighty - ended up with a reputation for paying no tax, and a target for protest.
Biting the hand that feeds IT
