When a government allocates spectrum, power capacity or a concession, the rules of the allocation decide who wins, what the state receives and how the market performs for years afterwards. For bidders, the same rules decide what to bid and when to stop. VA Partners works on both sides of that problem.

For regulators and ministries, we design auction formats, reserve prices, eligibility rules and spectrum caps, and the legal rules that make the outcome enforceable. For bidders, we build valuation models, simulate rivals' behaviour and develop bidding strategies for single-band and multiband auctions. We apply the same methods to electricity markets, renewable capacity allocation and infrastructure concessions.

Our partners have advised governments and bidders on spectrum and other auctions in more than ten countries, and combine game theory and econometrics with practical knowledge of how auctions are run.

Highlighted Matters

• Advised on spectrum auction design and licensing rules in Thailand and abroad, including the 700 MHz, 1800 MHz, 2.1 GHz and 26 GHz bands.

• Conducted auction simulations and bidding strategy for clients in the United States, Canada, the United Kingdom, Australia and Asia, including multiband and incentive auctions.

• Supported energy regulators on wholesale electricity market structures and renewable capacity allocation.

• Advised on auction mechanisms for public-private partnership and infrastructure concessions.