The 4G spectrum auction could have raised £5.2bn for the UK's economy, rather than the underwhelming £2.3bn.
Ofcom has thrown open the doors to the UK's 4G spectrum auction with seven hungry bidders eager to get a slice of the action.
BT was a surprise name in the line up of firms who have bid for 4G spectrum, but it isn't planning to enter the mobile arena.
Companies hoping to secure a portion of the 4G airwaves in next year's spectrum auction have today submitted their bids to Ofcom.
Mobile operator Three UK has laid claim to the title of the UK's fastest growing network, adding one million customers in the last year.