The Government has offered Australia's three mobile operators, and vividwireless, renewal of their existing spectrum allocated on 15 year licences in the late 90s and early 2000s at set prices, while the Government expects to rake in $3 billion.
But that no doubt is a small price to pay for all the benefits: it is a number far smaller than the estimated 22,000 employed in the mobile industry and pales into insignificance compared the estimated figure of $675 per head of population contribution to annual GDP; that is, according to Access "total GDP in Australia would have been $14.2 billion lower if the mobile telecommunications industry was not in operation."
And it just keeps getting better: "the indirect benefits from mobile voice and data, as measured by impacts on GDP, are estimated to rise to $8.1 billion in 2008 and $9.3 billion in 2010.
By 2010, it is estimated that the increased uptake of 3G and the consequent increase in mobile data traffic will contribute $2.1 billion towards this figure, in additional GDP (over and above the gains from mobile voice)."
What is more, the industry "punches above its weight." According to Access Economics, the economic benefits created by the [mobile] industry are far greater than the resources it draws from the economy.
This contrasts with many other industries, for which the major component of the economic contribution derives from the industry's own usage of economic resources."
David Bass
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