Britain's four mobile networks win new airwaves in auction
LONDON, April 5 (Reuters) - All four of Britain's mobile networks won more airwaves for 4G and future 5G services in an auction that raised 1.36 billion pounds ($1.9 billion), with Telefonica (LSE: 826858.L - news) 's O2 securing the most.
Britain's telecoms regulator said Telefonica won two 40 Mhz tranches at a cost of nearly 524 million pounds, while Vodafone won 50 Mhz for 378 million pounds, Hutchison (HKSE: 0013-OL.HK - news) 's 3 won 20 Mhz for 151 million pounds and BT's EE picked up 40 Mhz for almost 303 million pounds.
($1 = 0.7113 pounds) (Reporting by Paul Sandle; editing by Costas Pitas)