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| Name | Symbol | Market | Type |
|---|---|---|---|
| Vodafone Group PLC | NASDAQ:VOD | NASDAQ | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0772 | 0.92% | 8.4872 | 8.42 | 8.50 | 8.49 | 8.38 | 8.43 | 3,943,369 | 01:00:00 |
From May 2019 to May 2024
By Ian Walker
LONDON--U.K. telecoms regulator Ofcom said Monday that BT/EE won't be able to bid for spectrum in the 2.3GHz band when the auction starts next year because it already owns 45% of useable U.K. mobile spectrum.
The regulator, which will auction 190MHz of spectrum in the 2.3GHz and 3.4GHz bands next year, said BT/EE would have more than half the market if it were allowed to bid. By capping the so-called "immediately useable" spectrum. BT/EE's share would fall to 42%. Vodafone Group PLC (VOD.LN) currently holds 28%, O2 15% and Three 12%.
Philip Marnick, Ofcom spectrum group director, said: "The U.K. has long benefited from strong mobile competition. We are designing the auction to ensure everyone benefits from a market that continues to innovate and serve them well."
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
November 21, 2016 02:41 ET (07:41 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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