5G network auction raised £1.36bn

Regulator Ofcom said “an auction of frequencies, for the next generation of mobile phone networks has raised £1.36bn with Vodafone, EE, O2 and Three all winning the bandwidth needed for the future 5G mobile internet services and faster connections which is expected to be launched in 2020. Ofcom auctioned two spectrum bands 3.4 GHz, which…