Iain Watson
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Ofcom raises £2.34bn in 4G auction, less than forecast

Telecoms regulator Ofcom has raised £2.34bn from its auction of 4G mobile spectrum, less than expected.

The Office for Budget Responsibility (OBR) had forecast that the auction would raise £3.5bn for the Treasury.

The winning bidders are Everything Everywhere; Hutchison 3G UK; Niche Spectrum Ventures, a BT subsidiary; Telefonica (O2); and Vodafone.

Iain Watson reports.

  • 20 Feb 2013
  • From the section UK
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