Thursday 5th April 2018
Ofcom auctioned two spectrum bands: 3.4GHz, which is one of the spectrum bands earmarked for 5G, and 2.3 GHz, which is used by current mobile networks and will help improve 4G capacity in the UK.
Vodafone won 50 MHz of spectrum in the 5G auction at a cost to the company of more than £378m, while EE and O2 both paid more than £300m for the right to use 40 MHz for future 5G services. Three won the remaining 20 MHz of spectrum that was auctioned off in the 3.4 GHz band, which it paid just over £150m for.
O2 paid more than £200m to acquire all of the 40 MHz of spectrum being made available for the provision of 4G services, Ofcom said.