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