Kiril Minchev
Since joining Aetha in 2015, Kiril has worked on a wide range of strategic projects for telecoms operators around world. These projects have spanned across various topics, including spectrum auction strategy, quantitative modelling, valuation of spectrum portfolios, benchmarking and consultation support.
Notably, Kiril has extensive expertise in auction strategy. He has supported operators to prepare for, and bid in, a number of high-profile spectrum auctions, helping to identify and refine the most appropriate bidding strategy, as well as developing bid tracking and other software tools, running mock auctions, and providing on-site support to clients.
Prior to joining Aetha, Kiril completed a BSc degree in Economics from the University of Warwick.
Examples of projects which illustrate the breadth of Kiril’s experience include:
Bid strategy support ahead of major spectrum auctions worldwide, including the development of bid tracking tools and auction simulation models – Kiril has been involved in spectrum auctions in countries including Germany, Australia, Spain and Saudi Arabia.
Spectrum valuation (including for operators in Australia, Sweden, Norway, Taiwan and Bulgaria).
Long-Run Incremental Cost (LRIC) modelling, both top-down and bottom-up, to support ICASA, the South African telecoms regulator, in determining suitable mobile and fixed line call termination rates.
Audit, review and update of the business plan for a mobile operator in the Bahamas.
Study for the European Commission to assess the competition impacts of zero-rating in broadband markets.
Bid strategy support ahead of an offshore windfarm tender process.
Expert witness report for a USD600m legal dispute regarding wholesale services, including national roaming, site sharing, transmission links and international interconnection.
Relevant articles and reports
Digital Networks Act: The case for indefinite spectrum licences
23 January 2026
Digital Networks Act: The case for indefinite spectrum licences
This week the European Commission published its proposal for the Digital Networks Act (DNA), introducing significant changes for mobile […]
Pakistan’s spectrum auction: Early insights
16 January 2026
Pakistan’s spectrum auction: Early insights
Pakistan’s long-awaited next spectrum auction is finally taking shape. On 9 January, the Pakistan Telecommunication Authority (PTA) published the Information Memorandum (IM), confirming […]
The UK’s mmWave auction: A success
20 October 2025
The long-awaited mmWave auction in the UK has concluded! While it may not have made major headlines, this award quietly achieved what spectrum auctions are meant to do: […]
What do bidders really want in spectrum auctions?
26 September 2025
Spectrum auctions are among the most important events in the telecommunications sector. For bidders, they are multi-million or even multi-billion-dollar commitments that can shape business strategies for […]