O2 takes most spectrum as UK 5G auction raises GBP 1.36 billion

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You Are Here:O2 takes most spectrum as UK 5G auction raises GBP 1.36 billion

(Telecompaper) After starting on 20 March, the principal stage of the auction in the UK for spectrum in the 2.3 and 3.4 GHz bands is now complete. Ofcom said the first stage raised GBP 1.36 billion for the Treasury. Telefonica UK (O2 UK) took the most spectrum, winning all 40 MHz of the 2.3 GHz band available for almost GBP 205.9 million and 40 MHz of 3.4 GHz for GBP 317.72 million. Vodafone received 50 MHz of 3.4 GHz for GBP 378.24 million, EE (of parent BT) won 40 MHz of 3.4 GHz for GBP 302.59 million and Hutchison 3G (3 UK) got 20 MHz of 3.4 GHz for almost GBP 151.3 million. Airspan Spectrum did not acquire spectrum in either band.
Source: Industry News (syndicated from Telecompaper.com)

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