Ofcom raises £2.3bn from 4G auction


Broadband like speeds on your smart phone should soon be available to customers on five networks.

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

They will pay a total of £2.3bn, but the spectrum auction raised around £1bn less than the Office for Budget Responsibility (OBR) had forecast.

Rory Cellan-Jones reports.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.