Britain's four mobile networks win new airwaves in auction

Hutchison Telecommunications Hong Kong Holdings

05/04/2018 07:27

LONDON, April 5 (Reuters) - All four of Britain's mobile
networks won more airwaves for 4G and future 5G services in an
auction that raised 1.36 billion pounds ($1.9 billion), with
Telefonica's  TEF.MC  O2 securing the most.
    Britain's telecoms regulator said Telefonica won two 40 Mhz
tranches at a cost of nearly 524 million pounds, while Vodafone
 VOD.L  won 50 Mhz for 378 million pounds, Hutchison's  0215.HK 
3 won 20 Mhz for 151 million pounds and BT's  BT.L  EE picked up
40 Mhz for almost 303 million pounds.
    

($1 = 0.7113 pounds)

 (Reporting by Paul Sandle; editing by Costas Pitas)
 ((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters
Messaging: paul.sandle.thomsonreuters.com@reuters.net))