UK mobile operators pay close to £1.4bn for 5G spectrum

Ofcom auction beats expectations as EE, Vodafone, O2 and Three splash out to secure bandwidth for superfast mobile broadbandThe UK’s biggest mobile operators have smashed expectations by spending almost £1.4bn in the race to secure spectrum to launch next-generation 5G services.BT-owned EE, Vodafone, O2 and Three have paid close to double what many City analysts had expected Ofcom’s auction to raise, as the mobile operators seek to open up a world of internet-connected world of