Spectrum sharing is a key solution facilitating availability of the necessary spectrum for 5G wireless networks. This article addresses the problem of flexible spectrum sharing by the application of adaptive licensing among interested stakeholders. In particular, it acts as a proponent of pluralistic licensing and verifies it in three simulation scenarios that are of strong interest from the perspective of 5G networks. The concluding analysis offers discussion of the potential benefits offered to spectrum holders and other interested players through the application of the pluralistic licensing concept.
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