Airspan Networks, Inc. (PN) (USOTC:AIRO)
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1 Year : From Oct 2017 to Oct 2018
By Adria Calatayud
The British communications regulator, known as Ofcom, said Tuesday that it has approved six companies to take part in a March auction for contracts to improve broadband services for mobile users.
Airspan Networks Inc. (AIRO)'s Airspan Spectrum Holdings Ltd, BT Group PLC's (BT.A.LN) EE Ltd., Connexin Ltd., Hutchison 3G UK Limited, Telefonica SA's (TEF.MC)' Telefonica UK Ltd and Vodafone Group PLC's (VOD.LN) Vodafone Ltd. have all qualified to take part in the auction, Ofcom said. All approved applicants now will have three days to confirm whether they wish to take part, or withdraw from the process, the regulator added.
Ofcom said that two bands of service will be made available in the process, which is expected to pave the way for future 5G services.
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(END) Dow Jones Newswires
February 27, 2018 03:29 ET (08:29 GMT)
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