Independent telecoms regulator Ofcom has announced plans to publish the final regulations for the auctioning of the 4G mobile spectrum today (November 12th).
Also including a timetable of events for the country’s largest ever mobile airwaves sale, the move will make it easier for consumers in cities, towns and villages across the UK to enjoy faster mobile internet speeds.
The watchdog has confirmed the reserve prices for the spectrum that is set to be auctioned will stand at a combined total of £1.3 billion, as well as announcing the provisional date for the submission of applications is December 11th.
It confirms the new 4G services will be launched for consumers from a range of providers from May 2013, allowing tech-savvy individuals to enjoy higher internet speeds that are between five and seven times faster.
Ed Richards, chief executive of Ofcom, said: “The entire industry is now focused on the auction itself, with a shared goal of delivering new and improved mobile services for consumers.”