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Unit 3 Micro: Winning Bids in 4G Licence Auction

Thursday, February 21, 2013
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The winning bids for the 4G licences in the UK have been announced. Paying for a licence is an entry barrier into this market - but the total value of the bids was a small fraction of the £22bn gifted to the government in 2000 when the 3G licences spectrums were sold - the latter was an example of the winners' curse in action.In 2013 the telecoms businesses were more savvy - freeing up money to invest infrastructure and capacity. Will this be a kick-start to growth that the UK government expects?

EE on the price paid for a 4G licence

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Back in 2000 (!!)

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Vince Cable on the 2013 auction

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