ELI5: Explain Like I'm 5

Mobile privatization

Mobile privatization is when the government sells (or gives away) the rights to use a certain part of the airwaves or spectrum to a phone company. It means that the phone company can use the spectrum to provide services like cell phones, internet access and other important services. Privatization of the airwaves helps phone companies offer the best and most up-to-date services and technology to their customers. It also gives customers more choice and competition, which can help reduce prices.