The bidders for the 4G spectrum have now been confirmed by Ofcom and as we would expect the big 4 are in there as well as a few new names to make things interesting.
Vodafone and O2 owners Telefonica are in the lineup as well as Hutchison 3G, the owners of the Three network. Maybe a little surprising is the inclusion of EE who has already launched 4G services in the UK ahead of everyone else so we can expect they will be looking at expansion plans with their part of the spectrum.
As well as these expected contenders Ofcom has confirmed three other names in the mix with a subsidiary of BT called Niche Spectrum Ventures, MLL Telecom who are a business supplier and the UK arm of Hong Kong network PCCW known as HKT.
With the list of bidders now confirmed Ofcom hope this will create a good bit of competition between the contenders which hopefully will translate into better value for us the consumer. When EE launched their plans many users were put off moving across due to the high cost of plans but once the other networks start churning out their offerings we will hopefully see more competitive pricing.
The auction takes place next month and is expected to raise £3.5bn which will be ploughed back into the UK economy.