4g auction rules finalised, kicks off next month.
Combined reserve prices of £1.3bn!
Chronology for auction
11 December: The application day
Prospective bidders submit their applications to Ofcom together with an initial deposit.
December: Qualification stage
Applications are reviewed to determine who can go on to bid in the auction.
January: The principal stage
Bidding begins. This could take a number of weeks. Bids will be placed online over secure internet connections, using software that has been developed specifically for the auction.
February/March: The assignment stage
Bidders informed what they have won and its cost.
February/March: The grant stage
Licence fees are paid and licences granted.
May/June: New 4G services launched
New 4G services expected to go live from a range of providers.
So should see 4g start sprouting from the other networks next summer.