$1.3bn UK LTE auction opens December 11
LTE services across UK carriers are likely to launch in May or June 2013, regulator Ofcom has confirmed, setting dates for the 4G spectrum auction as well as reserve prices totaling £1.3bn. The application process will begin on December 11, with bidding itself starting in January and, Ofcom warns, potentially lasting for “a number of weeks” until winners – and costs – are confirmed by the end of March. Ofcom has apparently developed a special auction tool for participants to use, with all bids submitted electronically. Depending on how long the bidding process takes, the final prices and list of winners will be settled in either February or March, with licenses granted as soon as buyers stump up the fees. According to Ofcom’s rules , exactly which of the bands each interested party will be able to bid on will depend on how many “points” they hold, calculated based on the size of the deposit they make initially. Meanwhile, there are limits to how much of the spectrum any one organiza...
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