Wednesday, 28 June 2017

UK 'fires starting gun' on LTE auction process

By Nick Wood, Total Telecom
Tuesday 11 December 12

KPMG warns spectrum sale may not generate the £3.5 billion the government hopes to raise.

  U.K. telco regulator Ofcom on Tuesday gave the country's mobile operators a six-hour window to submit applications for its upcoming '4G' LTE auction. Prospective bidders were required to include an initial £100,000 deposit with their application. In November, Ofcom set a reserve price of £1.3 billion for all the airwaves set to go under the hammer when bidding gets underway in January…

  U.K. telco regulator Ofcom on Tuesday gave the country's mobile operators a six-hour window to submit applications for its upcoming '4G' LTE auction. Prospective bidders were required to include an initial £100,000 deposit with their application. In November, Ofcom set a reserve price of £1.3 billion for all the airwaves set to go under the hammer when bidding gets underway in January…

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