A dynamic spectrum arbitrage (DSA) system includes a plurality of fixed wireless devices, a home eNodeB gateway (HGW) coupled to each of the plurality of fixed wireless devices, a dynamic spectrum controller (DSC) coupled to the HGW, and a dynamic spectrum policy controller (DPC) coupled to the DSC and a plurality of other DSCs. Each of the fixed wireless devices may be configured to use an enhanced location based service (eLBS) to dynamically determine its location (latitude, longitude and altitude) and the locations of other fixed wireless devices, and use the location information to determine whether the respective fixed wireless device may be included in a telecommunication resource lease. The fixed wireless devices may also monitor network conditions, generate congestion reports based on a result of the monitoring, and send the generated congestion reports to the HGW.
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