BT Secures 40MHz of 3.4GHz Spectrum

• BT secures 40MHz of 3.4GHz spectrum suitable for 5G services, strengthening EE’s mobile network leadership
• Spectrum won at £302.6m, prior to any assignment round payment
• EE mobile network already delivering 4G services to 90% of the UK geography – new 3.4GHz spectrum allows 5G plans to be put in motion

"The acquisition of 40MHz of 3.4GHz spectrum positions us well for our launch of future 5G services and consolidates our position as one of the world’s leading providers of communications services.

“With this outcome, we’ll continue to roll out the fastest 4G service to consumers and businesses across the UK, and now look ahead to the potential new services that 5G will offer, keeping our nation at the forefront of digital communications.”

Ofcom’s statement announcing the outcome of the auction

BT confirms that it has won 40MHz of 3.4GHz at £302.6m (prior to any further assignment round payment to determine where the acquired spectrum is positioned within the band).