Telefónica UK has invested £550million to secure 2x10MHz of spectrum at 800MHz. The acquisition of this block of spectrum underpins its commitment to ensure the widest and deepest possible reach for new services and will see O2’s 4G network provide indoor coverage to 98% of the UK population. The company has already begun upgrading its network grid to offer 4G capability.
Commenting on the auction outcome, O2 CEO Ronan Dunne said, “Today, Telefónica has made a significant investment in next-generation 4G technology for the UK. While 4G will indeed allow for faster data speeds and a more seamless mobile experience, it is our intention to go beyond what has already been offered in the market and give our customers a unique and exclusive range of digital experiences, marking a new generation for the mobile industry.
“This is a truly landmark moment for the UK, presenting a wealth of opportunity to transform mainstream services to improve people’s lives. Now the investment has been made for 4G to become a nationwide reality, we want all organisations across all sectors to ensure the true value of 4G is realised, so that together we can make Britain truly digital.”