After years of delays, UK telecom regulator Ofcom has come forward with a set of auction rules designed to protect even the smallest bidder in securing superfast 4G airwaves. Although the watchdog may still have to field legal objections from major network operators, the rules ensure that 3, the smallest of four British mobile network operators, will not be “squeezed out” of the auction. Bidders will be presented with a series of lots, each tying 800MHz of spectrum to an “obligation to provide mobile broadband for indoor reception to at least 98% of the UK population by the end of 2017.” Ofcom commented that this would be the largest auction ever of spectrum for UK mobile services – amounting to 75 percent of UK mobile spectrum presently in use.
Full content: The Telegraph
Related content: Ofcom’s Approach and Priorities for Consumer Protection & Empowerment
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Hess Shareholders Approve $53 Billion Merger with Chevron
May 28, 2024 by
CPI
EU Regulators Engage with Telegram as App Nears Critical Usage Threshold
May 28, 2024 by
CPI
EEX Offers Remedies to Address EU Antitrust Concerns Over Nasdaq Deal
May 28, 2024 by
CPI
BRG Expands European Competition Practice with New Expert Team in Brussels
May 28, 2024 by
CPI
UK Law Empowers Regulators to Fine Big Tech Without Court Approval
May 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI