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20 February 2013
| Kavit Majithia
The UK airwave auction has fallen well below early estimates after only raising £2.3 billion with five bidders successfully acquiring spectrum.
Analysts had anticipated as much as £3.5 billion would
be raised from the auction, and this sum had already reportedly
been factored into government accounts for this year.
The auction was fiercely contested, despite only raising
a 10th of the £22.5 billion raised during the 3G
auction in 2000.
As the auction finally draws towards a close, the UK will
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SK Telecom and Samsung have announced a partnership to lead 5G network research in South Korea.
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Telefónica has partnered with innovation developer VLX Ventures with the intention of investing in startup companies across Israel.
Telekom Austria Group has signed an executive group framework agreement with VimpelCom to add the Russian player as a signalling customer.
India’s Bharti Airtel is planning to launch a mobile money service in east Africa.