Globally 2.5 Ghz band is used for 4G services and is worth billions of dollars
The S-band spectrum, which is part of the Devas-ISRO deal, is extremely valuable for mobile broadband services, in terms of usage as well as money. The frequency, also known as 2.5 Ghz band, is globally used for providing mobile broadband services using fourth generation technologies such as WiMax and Long Term Evolution (LTE).
This frequency band is unique because it has a substantial amount of spectrum (190 MHz) that can be put to use for mobile services. All other spectrum bands up to 3.5 GHz include significantly smaller amounts of spectrum for terrestrial mobile communication, or are not available.
In India, of the 190 Mhz, the Department of Space was given 150 Mhz — 30 years ago — for Broadcast Satellite Service and Mobile Satellite Service. Twenty Mhz was recently given to Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd for offering broadband spectrum. BSNL and MTNL were asked to pay Rs. 12,847 crore for their 20 Mhz. But Devas is getting access to 70 Mhz in the same band for just over Rs. 1,000 crore.
Globally, this frequency band has been put up for auction in many countries and has fetched governments billions of dollars. In 2009, three operators together paid $HK 1.53 billion for 90 MHz of radio spectrum in the 2.5 GHz band. A few months ago, Finland-based mobile operator TeliaSonera launched 4G mobile services based on LTE technology in this band. Operators in several other countries such as Brazil and South Africa are on the verge of using the S-band after the World Radiocommunications Conference 2000, held under the aegis of the International Telecommunication Union, designated the 2.5 Ghz band for mobile services.
The usability of spectrum depends on how harmonious it is with global usage. That is because mobile device makers and network equipment manufacturers can focus on developing products for a specific radio frequency for every country. If each country were to have its own plan for using spectrum, then telecom networks and devices would become very complex and expensive.
So if most countries are moving towards adopting 2.5 Ghz for telecom services, India will lose out if the satellite agency continues to hold on to it. The Telecom Regulatory Authority of India has already recommended that it would like to review the usage of this frequency band by the incumbents and refarm it for commercial mobile services.
Zacks has HK at strong sell today . Think based on low production and how much they will need to spend for property to boost . Will be high to buy .
ANYONE KNOW WHAT THE COMPANY IS ACTUALLY WORTH AND WHAT KIND OF CASH FLOW THEY HAVE NOW, SORRY FOR CDAPS , ALMOST BLIND, MY SCREEN BLOWN UP TO 1600% STILL HARD TO READ, ANY INFO GREATLY APPRECIATED
Maybe back to that earlier low of $3.68
Huge miss here comes the $4s Seaport Global Mike Kelly predicted .
MAY-2016 Halcon Resources Corp NYSE : HK Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.7 In other words, the correlation coefficient of the other stocks
tomorrow another 20%..
Tues.,July 11......deal will clean up bal sheet significantly. Reset the company as a non Bakken producer. Not sure if the pieces left are worth an $800 million market cap. With production gains later this year from acquired properties, the company will be about 45% of the size it was on 12-31-16......with MUCH less debt.
Kel......not a holder, just an observer
This SCAM will Burn You TOO. Don't waste your $$$ - stay far away............
Market cap 990million.... selling one piece of property for 1.4 billion.... still own 41,000 acres valued around $40,000 an acre if I'm not mistaken. Shouldn't this company be a value buy here..... there price would seem more realistic in the 11-13 range
Anyone seen any info on how much they are having to pay to acquire the west TX assets?
Went belly up once will do again!
still a piece of junk...
time for LONE
where is it going to settle??
HI looking good today...
HK reached 4.51 today, up +17.14% since called last Friday. For more picks' update please google my blog (name: BluelightNewsletter). Thanks! Happy trading!
HK 3.85 4.51 June23 Jun29 17.14%
LONE now is the new kid on the eagle ford after recent aquistion