LONDON: Qualcomm’s European MD John Caterer said the spectrum “creates an opportunity for Qualcomm to explore emerging business models and advanced mobile technologies.”
He added: “If we can help the market to harness this potential, we will see additional opportunities for service providers using a variety of technologies.”
Qualcomm is specifically selling 40MHz worth of 1.4GHz L-Band spectrum, which can be used for both 4G/LTE and 3G/HSPA+ networks.
This means any of the UK’s mobile operators could be keen to get involved, including EE, O2, Three, and Vodafone.
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More spectrum allows a mobile operator to keep up with the growing 3G and 4G traffic in the UK.
As 4G becomes more popular, networks will suffer increasing strain, so buying Qualcomm’s spectrum is a solid investment in future business.