Three announced today that it has agreed to buy UK Broadband Limited for £250 million, making Ofcom's impending spectrum auction altogether more interesting -- as interesting as spectrum auctions can be, anyway. UK Broadband isn't a household name, given it primarily builds bespoke 4G networks for the private and public sectors. The company does run the consumer-facing brand Relish, though, which offers flexible home broadband services using 4G-fed WiFi routers. While Relish seems like a good fit for millennial-chaser Three, and creates an immediate path for the company to get into home broadband, make no mistake: Three isn't after UK Broadband's 15,000 customers, but its spectrum licence.
Via: Financial Times (paywalled)
Source: Three
Three prepares for spectrum race with UK Broadband purchase posted first on http://ift.tt/1tUdcCk
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