UK comms regulator Ofcom has published the final outcome of its auction to release more airwaves for 4G mobile and future 5G services.
On April 5th, Ofcom announced which companies had won the right to use spectrum in two bands through the ‘principal’ stage of the auction, and the amounts they would pay. It has now concluded the ‘assignment’ stage of the auction, which allows companies who won the right to use spectrum in the principal stage to bid to determine where in the frequency bands their new spectrum rights will be located.
As a result of this stage:
There were no assignment stage bids for the 3.4 GHz frequencies awarded to Telefónica UK Limited and Vodafone Limited, and they are therefore not required to pay additional fees from the assignment stage.
The total amount paid as a result of the assignment stage is £14,135,000. Added to the amount paid during the principal stage of the auction (£1,355,744,000), this means the companies taking part in the auction have paid a total of £1,369,879,000, with all money raised from the auction being paid to HM Treasury.
The winning bidders have been issued with licences to use their relevant spectrum holdings, and the auction has now concluded.