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U.K. Government Expects 4G Auction To Make Just £3.5B, Big Step Down From 3G’s £22.5B

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http://techcrunch.com – The U.K. government has already put a price on the sale of 4G spectrum frequencies — due to kick off in January next year. Chancellor George Osborne, who was giving his autumn budget statement today, is factoring into his policy decisions the sum of £3.5 billion which he expects to be raised by next year’s 4G spectrum sale. The Treasury notes The commercial auction for 4G spectrum, being overseen by Ofcom, is due to be completed by March 2013. Following formal assessment, based on independent analysis of the likely valuation of spectrum receipts by the OBR [Office for Budget R (IT news)