Deal reported to be worth £200m
Qualcomm’s subsidiary Qualcomm UK Spectrum is offloading L-Band spectrum (1452 – 1492 MHz) in two separate transactions reported to be valued at £200m.
Vodafone will buy 20MHz of the spectrum, and Hutchinson 3G UK will purchase 20MHz.
The company said that it has received permission from the European Commission to release the spectrum across EU for Supplemental Downlink (SDL), which is expected to help network operators meet the demand for increased mobile data traffic.
SDL is likely to increase downlink user experience through aggregation with licensed frequency-division duplexing (FDD) spectrum, and is capable of meeting the demand for more downlink centric services.
The sales are subject to approval of communications regulator Ofcom.