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4G auction raises less than expected
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Old 20-02-2013, 10:09   #1
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4G auction raises less than expected

A whole lot less than expected.

http://www.bbc.co.uk/news/business-21516243

Quote:
Telecoms regulator Ofcom has raised £2.34bn from its auction of 4G mobile spectrum, less than expected.

The Office for Budget Responsibility (OBR) had forecast that the auction would raise £3.5bn for the Treasury.
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Old 20-02-2013, 10:11   #2
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Re: 4G auction raises less than expected

I can't see there being as much of an uptake with this. Almost everywhere I use my phone for more than a minute has some sort of wi-fi connection so it's kind of lost on me.
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Old 20-02-2013, 10:14   #3
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Re: 4G auction raises less than expected

the very fact they want to charge extra for it is what is stopping me and will do till a new contract and included in tariff
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Old 20-02-2013, 10:18   #4
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Re: 4G auction raises less than expected

For me its just one big con to try to get people to upgrade and fleece them out of even more money.
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Old 20-02-2013, 10:19   #5
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Re: 4G auction raises less than expected

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Originally Posted by denphone View Post
For me its just one big con to try to get people to upgrade and fleece them out of even more money.
Well that's capitalism all over really, nothing wrong with that. If they have a product that people are willing to pay for then why not offer it. The question though is whether or not it will be worth it.
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Old 20-02-2013, 10:39   #6
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Re: 4G auction raises less than expected

Everything Everywhere messed up their offering but having much higher prices and data caps. People may be willing to pay more for 4G but not if you're effectively killing it's advantages but having a 1Gig data cap.
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Old 20-02-2013, 13:02   #7
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Re: 4G auction raises less than expected

Quote:
Originally Posted by heero_yuy View Post
The phone companies got their fingers severely burnt over 3G. No surprise that they're less than enthusiastic to pay over the odds for 4G licences. At least 4G promises coverage to areas that are currently badly provided for by the higher frequencies and poorer reception of the 3G service.
aye no doubt about it dont think there is massive desire upgrade. Due to costs and restrictions to customers.

My concern is osbourne already budgeted for 3.5bn windfall. That shortfall going to have to be found. Where osbourne going to magic to recover 1.16bn. NHS, Welfare, military?

http://www.newstatesman.com/politics...on-falls-short
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