O2 has secured £448m share in the latest spectrum auction

We are pleased to announce that Telefonica UK (O2) has secured a significant share in the latest spectrum auction, investing £448m to obtain 40Mhz of 3.6GHz and 20MHz of 700 MHz FDD. 

This demonstrates Telefonica’s continued commitment to the UK Market and the very best connectivity for our customers. We are delighted with the result, which secured the right spectrum at a fair price.

This additional spectrum will allow for continual improvement in our network. We pride ourselves on being a champion of reliability and quality coverage and look forward to continuing to invest in digital infrastructure to build Britain’s connectivity, for the benefit of all.