Ofcom Nets £39M from mmWave Auction
The UK regulator Ofcom has completed the initial auction of mmWave spectrum, 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.
- Each operator committed £13 million to the spectrum.
- The acquired spectrum is expected to improve mobile services in 68 towns and cities, stadiums, transport hubs, and other crowded areas.
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 - David Willis, Ofcom group director for spectrum.
According to David Willis, the UK is on the path to "better, faster 5G".
Author's summary: Ofcom's mmWave auction raises £39M for improved 5G access.