Ofcom Approves Six Companies for Mobile Broadband Auction

Date : 02/27/2018 @ 3:44AM
Source : Dow Jones News
Stock : Telefonica Sa (TEF)
Quote : 8.04  0.2 (2.55%) @ 3:59PM

Ofcom Approves Six Companies for Mobile Broadband Auction

Airspan Networks, Inc. (PN) (USOTC:AIRO)
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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.


Write to Adria Calatayud at adria.calatayudvaello@dowjones.com


(END) Dow Jones Newswires

February 27, 2018 03:29 ET (08:29 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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