Everything Everywhere LTE spectrum sale nears

Summary:Everything Everywhere, the mobile operator combining the UK T-Mobile and Orange networks, has appointed Morgan Stanley to oversee the sale of part of its 1800MHz spectrum.The sale, a regulatory condition set when the networks merged in 2010, will potentially give its competitors a chance to roll out 4G LTE wireless data in advance of Ofcom auctioning off new spectrum at 800 and 2600 MHz for these services.

Everything Everywhere, the mobile operator combining the UK T-Mobile and Orange networks, has appointed Morgan Stanley to oversee the sale of part of its 1800MHz spectrum.

The sale, a regulatory condition set when the networks merged in 2010, will potentially give its competitors a chance to roll out 4G LTE wireless data in advance of Ofcom auctioning off new spectrum at 800 and 2600 MHz for these services.

EE has said that it wishes to use its remaining 1800MHz spectrum for its own LTE services, something that rivals 3, Vodafone and O2 have claimed would be unfair, although Ofcom has said that it doesn't consider such a move anti-competitive. The LTE spectrum auction is due at the end of 2012, following a postponement from the initial target of early 2012 due to considerable pressure from the operators.

Everything Everywhere issued the following statement: "Following a competitive process, Morgan Stanley has been appointed to provide independent professional advice on the sale of some of the company's 1800MHz spectrum. One of the conditions of the merger of Orange and T-Mobile in the UK was that Everything Everywhere divest a quarter of its 1800MHz spectrum before the next spectrum auctions. The intention is to complete the sale of the spectrum in advance of the Combined Spectrum Award, currently scheduled to take place in Q4 2012."

Topics: Emerging Tech

About

Editor, ZDNet UK. Ex technology/technical editor of ZDNet UK, IT Week, PC Magazine, Computer Life, Mac User, Alfa Systems, Amstrad, Sinclair. Micronet 800, Marconi Space and Defence Systems, and a dodgy TV repair shop in the back streets of Plymouth. Can still swap out a gassy PL509 with the best of 'em.Dear Reader - contact me via our m... Full Bio

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.