Telecoms industry regulator Ofcom has announced that it will sell radio spectrum space which could be used for mobile broadband services.
According to the watchdog, it is the largest single sale of spectrum suitable for mobile broadband use for a long period of time.
The decision has been made following a lengthy consultation period with broadband providers and industry groups across Europe. Ofcom is now set to release the radio spectrum for sale "as soon as possible".
Philip Rutnam, Ofcom's partner in charge of spectrum policy, said: "The release of the 2.6 GHz radio spectrum will create opportunities for fresh innovation, new services and competition for the benefit of consumers in the UK."
The sale will be conducted on a service and technology-neutral basis, meaning that successful bidders can decide how the spectrum will be used.
An Ofcom multi-use spectrum auction held in February saw BT, Orange, T-Mobile and UK Broadband all win licenses.
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