Despite spectrum auction revenues in 2012 falling short of the benchmark numbers seen in 2000/2001, global professional services and auditing firm KPMG said in its Spectrum Monitor that Western Europe spectrum auctions might generate revenues of up to €20 billion between 2011 and 2015. Commenting on this estimate, Benoit Reillier, director in KPMG's economics and regulation practice, said in a statement that many governments will be eyeing up spectrum auctions as a way to gain much needed revenue. "While it will not make a structural difference to the level of the deficit in many countries it will certainly go some way towards European governments' garnering of more cash in the short to medium term." Release
