trending Market Intelligence /marketintelligence/en/news-insights/trending/uh-vkJaZ0x2WsAGxUuLWYw2 content esgSubNav
In This List

Three wants Ofcom to limit UK mobile spectrum ownership post-auction


Next in Tech | Episode 101 Data on Datacenters


Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally


Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage


Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share

Three wants Ofcom to limit UK mobile spectrum ownership post-auction

Hutchison 3G UK CEO David Dyson urged telecom regulator Ofcom to prevent any telco from getting more than 30% of thecountry's total mobile spectrum after an upcoming spectrum auction, The Sunday Telegraph (London) reportedJuly 9.

The CKHutchison Holdings Ltd. unit is also demanding that 42% of thespectrum be set aside in its favor.

Three owns only about 15% of Britain's mobile spectrum,which reportedly forced it to hike prices to meet data demand. Dyson said Threewas willing to assure price cuts if it gets support in the auction.

Industry sources said Ofcom is set to propose changes to theauction process in September, a move that could face a legal challenge fromVodafone UK andBritish Telecom unitEverything Everywhere Ltd.The latter's executives believe that Three is asking for a special treatment inthe auction.

Three is moving on after its merger with unit O2. It now plans tobid for wholesale contracts with operators such as 's , according to thereport.

Three is also reportedly eyeing a merger with , butDyson said his company will focus only on mobile services.