Wednesday, December 13, 2006

BT to re-enter mobile market with license bid - report

BT is ready to re-enter the UK mobile market five years after it hived off its O2 wireless unit, according to a report in the Independent.

The former monopoly operator is expected to bid in a forthcoming spectrum auction, details of which were announced yesterday by telecoms industry watchdog Ofcom.

It will be the largest ever sale of spectrum in the UK, although the UK government is unlikely to generate anything near the 23 bln stg it earned from the 2000 3G auction.


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