4G auction result set to prompt marketing war
By John Reynolds, marketingmagazine.co.uk, Wednesday, 20 February 2013 09:38AM
Vodafone, 02, EE, Three and BT are the winning bidders for the much-trumpeted 4G mobile spectrum, which is expected to kick-start a major marketing war.
Ofcom, the telecoms regulator, today revealed that it had raised £2.34bn from its auction of 4G mobile spectrum – £1.1bn less for the Government's coffers than expected.
It is also significantly less than the £22bn raised from the 3G auction in 2000.
The Office for Budget Responsibility (OBR) had forecast the auction for 4G mobile spectrum would raise £3.5bn for the Treasury.
Vodafone paid the most, paying out £790.8m to win five blocks of airwaves.
The country’s biggest operator EE, which has already launched 4G services in the UK, paid £588.9m to buy extended coverage.
O2 paid out £550m for two blocks, while Three paid out £225m for its coverage. BT paid out £186.5m to acquire three blocks of spectrum.
John Bernard, global director of marketing and product at Firefox-owner Mozilla, said: "There is going to be some heavy summer marketing activity in the summer around speed, in light of today's 4G announcement."
4G mobile spectrum is expected to provide tablet computer and smartphone users with superfast download speeds.
Ed Richards, Ofcom chief executive, said: "This is a positive outcome for competition in the UK, which will lead to faster and more widespread mobile broadband, and substantial benefits for consumers and business across the country. We are confident that the UK will be among the most competitive markets in the world for 4G services."Follow @johnreynolds10
This article was first published on marketingmagazine.co.uk
- Senior Digital Designer Twist Recruitment £35000 - £42000 per annum + benefits, City of London
- Senior Data Analyst Direct Recruitment £40,000 - £45,000, London
- Lead Data Planning Consultant Direct Recruitment £85,000 - £100,000, London
- Senior Data Planner Direct Recruitment £55,000, East London
- Senior CRM & Insight Analyst Direct Recruitment £75,000 +, London
- Google becomes major UK advertiser after boosting spend by 50% in 2013
- Unilever pilots multi-brand advertising with YouTube beauty channel
- MEC boss Courtier hails £600m Vodafone media win as 'life changing'
- Partners Andrews Aldridge restructures creative with hires and promotions
- Sorrell says Publicis / Omnicom's 'merger of equals' is 'impossible'
- Gatwick rolls out 'guess the X-ray' competition