Ofcom auction beats expectations as EE,Vodafone, O2 and Three splash out to secure bandwidth for super-fast mobile broadbandThe UK’s biggest mobile operators maintain smashed expectations by spending nearly £1.4bn in the race to secure spectrum to launch next-generation 5G services.
BT-owned EE, or Vodafone,O2 and Three maintain paid close to double what many City analysts had expected Ofcom’s auction to raise, as the mobile operators seek to open up a world of internet-connected world of driverless cars, and smart domestic appliances,delivery drones and superfast video on the go.
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Source: guardian.co.uk