Ofcom 5G auction

Ofcom is set to kick off a multi-billion pound auction of mobile airwaves.

The sale later this year is expected to see an £11bn return to the stock market for O2. Telefonica (who owns O2) is planning to bid for a bigger share of the airwaves with a view to easing capacity and speed constraints for the O2 network.

Ofcom is also set to introduce tighter bidding restrictions on EE and Vodafone, who currently control the biggest shares of mobile radio spectrum.

The Government is expecting top prices for spectrum licenses and no delay to the auction, so Britain can shift towards 5G sooner.

DTG Staff  |  11.07.2017

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