Ofcom Nets £39M from mmWave Auction
The UK regulator Ofcom has completed the initial auction of mmWave spectrum to major operators, resulting in a £39 million windfall.
EE, VMO2, and VodafoneThree have each purchased 800MHz of spectrum in the 26GHz band and 1GHz in the 40GHz band, committing £13 million apiece.
The large amount of spectrum we’ve released will help support innovation, open doors to new applications and growth, and can bring noticeable improvements to mobile services in busier places.
According to Ofcom group director for spectrum David Willis, the UK is on the path to "better, faster 5G", with the spectrum set to boost mobile services in 68 towns and cities, stadiums, transport hubs, and other crowded areas.
The auction is expected to improve 5G access in the UK, with the operators benefiting from the additional spectrum.
Author's summary: Ofcom's mmWave auction raises £39M for the UK.
- 800MHz of spectrum in the 26GHz band
- 1GHz in the 40GHz band
- £13 million committed by each operator
- 68 towns and cities to benefit from improved mobile services