22nd Sep 2015 09:23
LONDON (Alliance News) - UK telecommunications industry regulator Ofcom said Tuesday it has granted consent for two spectrum transfers in the 1452-1492 megahertz spectrum band from Qualcomm UK Spectrum Ltd to Vodafone Ltd and Hutchison 3G UK Ltd.
Ofcom said it does not consider the transfers raise "sufficient competition concerns to warrant further analysis."
These trades involve the transfer of rights and obligations relating to the 1452-1472 megahertz frequency from Qualcomm to Vodafone, and the 1472-1492 megahertz frequencies from Qualcomm to Hutchison 3G, which operates the Three mobile network in the UK.
The frequencies will be able to be used for mobile or fixed communication network supplemental downlink, which is a new mobile broadband technology that uses a mobile base station transmitter network to provide additional bandwidth.
Shares in Vodafone were down 1.7% at 213.65 pence Tuesday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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