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February 20, 2013 07:37 am EST

Ofcom announces 4G spectrum winners in the UK, snags less cash than expected

UK regulator Ofcom has revealed the winners of its 4G spectrum auction after more than 50 rounds of bidding: EE, Hutchison 3G, BT subsidiary Niche Spectrum Ventures, Telefonica and Vodafone. It wasn't all good news however, as the agency revealed the auction only roped in £2.4 billion pounds, less than the £3.5 billion it had anticipated. Left on the outside looking in? MLL Telecom and HKT Company. The idea is to spread high speed wireless across "almost the whole" UK population by 2017 at the latest, and the auction's intent was to create more competition in the space. Hit the source link for a full breakdown of the spectrum winnings, we'll have more details in a moment.

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Source: Ofcom


Original Link: http://www.engadget.com/2013/02/20/ofcom-announces-4g-spectrum-winners-in-the-uk-snags-less-cash-t/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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