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20/02/2013
4G Auctions Nets Less Than Expected
Ofcom have raised £2.34bn from its auction of 4G mobile spectrum, noticeably less than had been forecast.
Predictions issued by the Office for Budget Responsibility (OBR) had expected the auction to raise £3.5bn for the Treasury
It was also significantly down on the £22bn raised by the 3G auction in 2000.
The winning bidders were Everything Everywhere; Hutchison 3G UK; Niche Spectrum Ventures, a BT subsidiary; Telefonica (O2); and Vodafone.
(H)
Predictions issued by the Office for Budget Responsibility (OBR) had expected the auction to raise £3.5bn for the Treasury
It was also significantly down on the £22bn raised by the 3G auction in 2000.
The winning bidders were Everything Everywhere; Hutchison 3G UK; Niche Spectrum Ventures, a BT subsidiary; Telefonica (O2); and Vodafone.
(H)
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