U.K. 4G/LTE Spectrum Bidding Gets Underway, Networks Expected To Launch By Late Spring/Summer

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http://techcrunch.com – It’s taken a long time for the U.K. telecoms regulator to be in a position to fire the starting gun on the auction for 4G-suitable spectrum but bidding to acquire the up to 250 MHz of additional mobile spectrum in the 800Mhz and 2.6GHz frequencies has now got underway.  The total reserve price for the spectrum has been set at £1.36 billion — but the U.K. Treasury has already factored £3.5 billion from the spectrum sale into its policy decisions. Bidding is taking place online, using specially developed software and a ‘combinatorial clock’ auction format. The winners won&# (IT news)