Ofcom Nets £39M from mmWave Auction
The UK regulator Ofcom has completed the initial auction of mmWave spectrum to major operators, resulting in a £39 million windfall.
- EE, VMO2, and VodafoneThree each purchased 800MHz of spectrum in the 26GHz band and 1GHz in the 40GHz band.
- The operators committed £13 million apiece to the spectrum.
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.
The auction is expected to improve 5G access in 68 towns and cities, stadiums, transport hubs, and other crowded areas.
Author's summary: Ofcom's mmWave auction raises £39M for improved 5G access.