The Telegraph – O2 splashes £500m in 5G spectrum auction to remove obstacle to blockbuster float
Bengt Nordstrom of consultancy Nordstream said: “The 3.4GHz spectrum band is hugely important for 5G, as it lets operators add extra capacity to their existing networks without having to add many new base station sites. This explains why the operators’ bids for this band were so much higher than expected.
“That operators paid higher than expected prices is good for HM Treasury but not so good for consumers, as it leaves the operators with less money to invest in their 5G networks and services.”
