BT's EE to challenge Ofcom mobile spectrum auction rules

Josh White Sharecast | 21 Aug, 2017 10:18 | | |


Vodafone Group


17:20 19/09/17
  • 285.00
  • -0.90%-2.60
  • Max: 286.85
  • Min: 282.65
  • Volume: 15,255,688
  • MM 200 : n/a
17:20 19/09/17
  • 7,275.25
  • 0.30%21.97
  • Max: 7,285.67
  • Min: 7,243.59
  • Volume: 0
  • MM 200 : n/a
17:19 19/09/17
  • 3,431.23
  • 0.37%12.79
  • Max: 3,433.98
  • Min: 3,416.99
  • Volume: 0
  • MM 200 : n/a
17:19 19/09/17
  • 1,500.80
  • 0.06%0.90
  • Max: 1,501.10
  • Min: 1,496.43
  • Volume: 0
  • MM 200 : n/a
17:19 19/09/17
  • 3,312.80
  • -0.86%-28.65
  • Max: 3,341.52
  • Min: 3,287.11
  • Volume: 0
  • MM 200 : n/a
17:19 19/09/17
  • 4,044.78
  • 0.34%13.58
  • Max: 4,049.50
  • Min: 4,027.12
  • Volume: 0
  • MM 200 : n/a
17:19 19/09/17
  • 3,994.36
  • 0.32%12.78
  • Max: 3,999.03
  • Min: 3,977.83
  • Volume: 0
  • MM 200 : n/a
17:19 19/09/17
  • 4,697.45
  • 0.56%26.19
  • Max: 4,720.49
  • Min: 4,656.90
  • Volume: 0
  • MM 200 : n/a
17:19 19/09/17

BT’s mobile arm EE was said to be planning a legal challenge against telecoms regulator Ofcom on Monday, over its planned auction of new mobile spectrum.

In July, Ofcom announced rules for the auction, which would cap the amount of spectrum each existing network could bid for - with EE, which owns the largest chunk of spectrum presently, being restricted the most.

At the time, Ofcom said the rules were designed to level the spectrum playing field, as Vodafone and EE currently held significantly more spectrum than Hong Kong-owned Three and Telefonica subsidiary O2.

Over the weekend, EE was defending its potential challenge, pointing out that Three had already begun its own legal challenge as it believed the rules did not go far enough.

“Three has already begun the legal process and our challenge doesn't mean further delay,” an EE spokesman told Reuters.

“Tomorrow we will send a Letter Before Action to Ofcom, challenging their decision on the upcoming auction,” the spokesman said on Sunday.”

The upcoming spectrum auctions were being conducted in two stages - the first, for spectrum in the 2.3 GHz frequency, and the second in the 3.4 GHz band, which could be used for future 5G mobile technology.

EE was barred completely from the 2.3 GHz auction, which the company did not contest, and was only being permitted up to 85 MHz in the higher band.

“We're supportive of Ofcom's goal to release airwaves quickly, and we don't want to stand in the way of that,” EE’s spokesman said.

The spokesman added that the company “pragmatically accepted” that it was excluded from the 2.3 GHz 4G auction, and he encouraged Ofcom to continue without the firm’s participation.

More news

19 Sep US close: Markets finish higher as Trump addresses UN

Stocks on Wall Street finished higher on Tuesday as investors listened in on a speech by the American president to the United Nations general assembly, and ahead of the US Federal Reserve's policy decision the next day.

19 Sep Credit Suisse upgrades Tullow Oil, downgrades Ophir Energy

Analysts at Credit Suisse rejigged their recommendations for European Exploration and Production outfits, telling clients the sector was better positioned to emerge from the cycle, while its year-to-date de-rating had made it more "attractive".

19 Sep Results round-up

Online grocery specialist Ocado reported a slight acceleration of growth in the third quarter of the year but comments about a short-term spike in costs hit the shares on Tuesday.

19 Sep Investec says Debenhams dividend may be unsustainable

Investec reiterated its 'sell' recommendation on Debenham's on the back of expectations for foreign exchange headwinds, unanswered questions around execution and profitability and the ongoing shift towards 'on-line'.

19 Sep London close: FTSE higher on the day, investors wait for Fed statement

Shares finished higher on Tuesday as the pound gave up early gains against the dollar.

19 Sep Europe close: Stocks end with slight gains ahead of Fed

Stocks finished slightly higher as investors listened-in on a speech by US president Donald Trump at the United Nations and waited on the result of the US central bank's policy decisions the next day.

19 Sep BlueRock Diamond nearing monthly target production

BlueRock Diamonds, the diamond mining company and operator of the Kareevlei Diamond Mine in the Kimberley region of South Africa, said it was nearing its target of 25,000 tonnes of production per month.

19 Sep FTSE 100 movers: Food retailers rise on sales, GlaxoSmithKline softens

The FTSE 100 was in the green on Tuesday afternoon, as the pound gave up early gains against the dollar.

19 Sep Swallowfield boosts operating profit 180%, appoints new finance director

UK-based personal care and beauty products group Swallowfield announced on Tuesday that it had grown both full-year profits and revenue.

19 Sep Inland Homes makes outline planning application on Wilton Park

Brownfield-focussed housebuilder Inland Homes announced on Tuesday that it has made an outline planning application on its 100-acre flagship development site ‘Wilton Park’ in Beaconsfield, Buckinghamshire.