UK’s 5G spectrum auction raised only £1.36B, just above the £1.1B reserve price and a fraction of the £22.5B 3G auction in 2000 (Nic Fildes/Financial Times)

Nic Fildes / Financial Times:

UK’s 5G spectrum auction raised only £1.36B, just above the £1.1B reserve price and a fraction of the £22.5B 3G auction in 2000  —  BT and Telefónica spend about £450m each to boost networks but result falls short of predictions

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