Chinese property developers have reduced their appetite for land purchases amid the tightened credit environment and weaker sales, resulting in some failed land auctions in certain cities.
Penney and IBM, are also starting to sell some of their discounted items through eBay auctions, albeit sometimes in disguise and sometimes for fixed prices.
Sarai and Verwaayen's reluctance to back LTE for 2012 is understandable given the size of the market today and the slowness of some European states in holding spectrum auctions.