Saturday, January 19, 2013

Long Awaited 4G Auction to Raise Much Needed 3.5 Billion

By Saul Saresi


Finally, it seems, the wait is over. After months of finger-tapping, speculation and discussions, it has finally been confirmed by Ofcom (the communications watchdog) that the UK 4G auction will be taking place in the next few months - all of which comes as a huge relief to UK government who are set to benefit to the tune of 3.5 Billion.

But lets not forget about the service providers either, who have been awaiting their chance to bid for the new 4G network for what must seem like forever since. But with the date now confirmed for the end of January, the service providers wil be confident of having their new networks up and running by March this year.

The guidelines set forth by Ofcom stipulate that any companies wishing to bid for the 4G mobile spectrum must have completed and submitted their applications - along with a 100,000 cash deposit - in full by December 11th, in order to be eligible to participate in the auction taking place in January 2013.

Both Vodafone and O2 will be especially keen to get their networks functioning as soon as possible - and make up lost ground on EE who launched their 4G network earlier this month - since it was revealed that EE's 4G network had experienced serious teething problems, resulting in large areas of their network not being able to access 4G connections.

And the new 4G network will also give British businesses the chance to catch up to their European rivals who have been enjoying the benefits of 4G technology for over a year - a long time in business.

The auction will also (finally) give all UK businesses the opportunity to catch up to the increased connection speeds that their European competitors have been enjoying for over a year - although still a long way off the speeds enjoyed by Japan, South Korea, the US and others.

The advantages offered by the new network will facilitate significantly faster downloading of documents, hugely improved video and audio communications and increased opportunities for employees to work remotely. But without doubt, the main beneficiary will be the UK government, ( to the tune of 3.5 billion pounds) and although significant pressure is being placed on them to spend the money in the telecommunications sphere, it is unlikely that this will happen.

But regardless of where the money is spent, both providers, businesses and consumers alike will just be grateful that they finally have the communications network that they deserve - and require - in order to keep pace and up-to-date with today's fast changing technological world.




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