3G bids bust billion-pound barrier

Caroline Davis

Caroline Davis

Bidding in the UK Government's auction for third generation mobile licences burst through the £1bn barrier last week.

Irish telecoms company 3GUK, owned by Eircom, was leading the bidding at more than £1.15bn. And BT3G - owned by BT Cellnet - has made a bid at almost £1.1bn.

Thirteen companies are bidding for five licences that will allow them to build networks to operate the third generation (3G) wireless mobile services of the future.

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