On November 23, 2023, Innovation, Science, and Economic Development (ISED) Canada concluded its auction of spectrum licenses in the 3800 MHz band, which is an important band for 5G wireless service. The auction used a clock auction format with intra-round bidding to allocate thousands of spectrum licenses. The design followed a two-stage process in which generic licenses were allocated in the first stage, and then specific frequencies were assigned in a subsequent assignment stage.
The Secretariat team of Allan Ingraham, Shreyas Ravi, and William Schwartz supported the Canadian government as independent verifiers of the 3800 MHz auction. In this role, the Secretariat team independently verified the software that ISED used to conduct the 3800 MHz auction. We then verified the accuracy of the results from the assignment stage of the auction.
The 3800 MHz auction lasted 21 bidding days. It began on October 24, 2023, and it successfully concluded on November 24, 2023. The auction raised $2.158 billion Canadian for the allocation of 4,099 licenses via competitive bidding.
The auction licensing framework and the provisional results are both available on ISED’s website: auction licensing framework, provisional results.
Statistics Tools Chart A Path For AI Use In Expert Testimony
As AI and machine learning tools become more common in expert workflows, courts are increasingly scrutinizing their use under Federal Rule of Evidence 702. In The Risks and a Path Forward for AI and Machine Learning Tools in Expert Testimony, we examine recent cases where AI-assisted opinions were excluded due to concerns about reliability, transparency, and expert understanding.
In this GIR article, Stephen Millington and Dominique Dondelinger examine the growing fraud risks facing the Gulf region amid rapid economic expansion and transformative Vision 2030 strategies.
Public Cos. Must Heed Disclosure Risks Amid Trade Chaos
Ongoing uncertainties caused by the trade war and President Donald Trump’s evolving stance on tariffs and trade restrictions, including sanctions and export controls, have exponentially escalated financial reporting pressures on public companies. In this article, we discuss the key financial reporting and disclosure risks, as well as takeaways, for public companies as they navigate significant market instability in international trade.