Mobe networks bag UK 4G for a steal - £1bn shy of Osborne's £3.5bn

BT, EE, Three, O2, Vodafone win spectrum licence auction, raise 10% of 3G's £23bn

The rights to use Blighty's 4G frequencies were today sold to UK operators, plus a BT subsidiary without national aspirations, resulting in a mere £2.3bn for the Treasury. That's somewhat short of Chancellor George Osborne's expectations of £3.5bn.…

via The Register - Networks

http://go.theregister.com/feed/www.theregister.co.uk/2013/02/20/4g_auction/