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U.K. 4G Auction Rules Finalized: Combined Reserve Of £1.3BN For 800MHz, 2.6GHz Spectrum; 4G Services To Go Live In May/June

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http://techcrunch.com – The rules for the U.K.’s forthcoming 4G auction have been published by telecoms regulator Ofcom. The reserve price for the two swathes of spectrum going under the hammer (800MHz, 2.6GHz) has been set at a relatively modest £1.3 billion ($2.065 billion) — modest when you consider the U.K.’s 3G auction raised a staggering £22.5 billion ($35.7 billion) back in 2000, or 2.5 percent of GDP. 4G is expected to raise a lot less, despite more spectrum being auctioned this time around, as carriers clearly aren’t keen to repeat their massive millennial outlay. The 4G auction wil (IT news)