Our team

Graham Louth
Partner

During his 25 years in the telecoms industry, Graham has been at the forefront of regulatory thinking on a wide range of issues from network cost modelling to spectrum management; he continues to provide expert advice on a wide range of topics to operators and regulators around the world.

Graham has extensive experience in all aspects of spectrum policy, management and regulation as well as having worked in areas such as regulatory accounting, incremental cost modelling (fixed and mobile), retail and wholesale price control, margin squeeze, universal service provision and tariff analysis. Prior to joining Aetha in 2014, Graham was the Director of Spectrum Policy at Ofcom, responsible for mobile spectrum and auction. His early career was as a consultant with Analysys Consulting, ultimately as a company director and head of the regulatory practice worldwide.

Graham holds an M.A. and post-graduate qualifications in Mathematics from the University of Cambridge.

Areas in which Graham is currently active include:

  • Advice and support to mobile operators preparing to participate in a range of spectrum auctions, including: responding to regulatory policy consultations; detailed review of proposed auction rules and lobbying for changes; design and development of a suitable bidding strategy; using mock auctions to both test the proposed bidding strategy and help the operator prepare to participate in the auction; design and development of bid tracking tools to help the operator follow the selected bidding strategy; and support as required throughout the real auction process to ensure the best possible outcome for the operator
  • Expert advice and independent expert reports on a range of topics, in the context of regulatory, competition, arbitration and legal proceedings, including on: the regulation of mobile termination rates; the regulation of retail prices, including international roaming rates; the appropriate level and structure of mobile spectrum fees; the differences between national roaming and network and spectrum sharing, and the likely adverse competition impacts of the latter in the specific circumstances of the case; the limitations and likely impacts on consumers and operators of mandatory national roaming as a solution to ‘not-spots’; the likely adverse impacts on competition of allowing the acquisition of additional spectrum by certain operators, either directly or as a result of a proposed merger
  • Design and delivery of spectrum auctions, both as an advisor to the relevant regulator and as the Director responsible, including not only the design and delivery of a suitable auction, but also measures to protect and promote competition, measures to promote roll-out and coverage, the term and conditions of the relevant licences, and appropriate payment terms
  • Expert advice and support to both operators and regulators with the design and development of cost models of both fixed and mobile networks for a range of regulatory and business purposes including: mobile call termination rate regulation; fixed call termination rate regulation; retail price management and control; margin squeeze analysis; and universal service costing.