Vodafone Group PLC Social Contract Briefing Transcript
Spectrum is fundamental to how our mobile networks operate. The licensing of Spectrum defines not only our mobile services capability but also shapes the market structure and our competitive position within it. Done well, licensing delivers greater benefits to consumers by converting our investments into improved services and greater network availability.
Our extensive lobbying campaign and engagement with governments through our social contract has transformed policymakers thinking on how spectrum auctions can be used to achieve the best outcomes. By demonstrating that we share and are fully committed to delivering country's digital ambitions and by evidencing which approaches will be most effective in achieving them, the structuring of auctions has become more conducive to supporting investment.
When allocating spectrum, governments and regulators face a trade-off between increasing the number of competitors, stimulating investment and raising funds for the state. In the past, governments often focused on maximizing the cash proceeds raised from spectrum
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