Qualcomm sells L-Band spectrum to Vodafone UK and Three UK

26 Aug 2015

Following on from reports in June 2015 that the UK subsidiary of chipset manufacturer Qualcomm is planning to sell its wireless spectrum in the ‘L-Band’ 1452MHz-1492MHz range, two deals have now been struck for the frequencies. Qualcomm UK Spectrum (QUKS) has agreed to sell 20MHz of the spectrum to Vodafone Group’s British unit, Vodafone UK, while Hutchison 3G UK (H3G UK), which operates under the ‘Three’ banner, will grab the other 20MHz. Both sales, Qualcomm noted, are subject to regulatory approval and other customary closing conditions, with all involved parties expected to shortly submit respective applications to transfer the spectrum to UK communications regulator Ofcom. Details of the terms of the sales have not been disclosed, though Bloomberg – citing unnamed sources close to the matter – has claimed that the two deals combined are worth approximately GBP200 million (USD313.8 million).

United Kingdom, Hutchison 3G UK (Three UK), Qualcomm, Vodafone UK