L-Band to encourage wireless innovation…
US technology giant Qualcomm has bought part of the UK radio spectrum for £8m.
The company said it intends to use the 40MHz stretch of the L-Band spectrum to bring a range of wireless technologies to the UK.
In February Qualcomm announced the successful trial of its MediaFLO mobile video service with broadcaster British Sky Broadcasting.
Andrew Gilbert, executive vice president of Qualcomm, said: "Acquiring this spectrum will enable us to develop, test and explore a variety of innovative wireless services and technologies that will benefit European consumers and the wireless industry as a whole."
It bought the spectrum in auction from regulator Ofcom at a price of £8,334,000.
Ofcom's fifth auction of radio spectrum is part of a wider programme to release spectrum for a range of uses.