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Vodafone (VOD), BT (BT), and Telefonica's (TEF) O2 are among seven bidders who will take part in...

  • Thursday, December 20, 2012, 4:55 AM ET
    Vodafone (VOD), BT (BT), and Telefonica's (TEF) O2 are among seven bidders who will take part in the U.K. government's auction of 4G spectrum, which is due to kick off next month. Ofcom, the regulator, has put a £1.3B reserve price on the sale, although the there are estimates that it could bring in £3.5B. Holland's auction on Friday raised £3.1B.
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