UK's auction has huge difference in spectrum prices

Companies bidding for spectrum in the U.K. will pay between $63,000 and $1.9 million for rights to airwaves in the 1781.7 MHz-1785 MHz band, paired with the 1876.7 MHz-1880 MHz band because the country's telecom regulator, Ofcom, required sealed bids for the spectrum. Colt Telecom, a fixed operator that wants to target the market with converged services, was the highest bidder (at $1.9 million), while Swedish operator Sprint Mobil won the same rights for just 3.3 percent of the price paid by Colt. Twelve licenses were auctioned.

To read more about the U.K.'s latest spectrum auction:
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