Nu-B, your point and concern has been noted. Hopefully, filings will be forthcoming which address and inform.
Meantime market provides new opportunities.
U.K. wireless firms looking at broad license fee hike
Feb 24 2015, 20:02 ET | By: Jason Aycock, SA News Editor
U.K. mobile firms are likely looking at a license fee increase as regulator Ofcom follows its government mandate to ensure spectrum fees reflect market value.
EE (ORAN, OTCQX
TEGY) -- on its way to becoming part of BT Group (NYSE:BT) -- Three (OTCPK:HUWHY), O2 (NYSE:TEF) and Vodafone (NASDAQ:VOD) could see fees for the 900 MHz and 1800 MHz bands rising to a total £223.3M/year ($345.5M/year) -- up from the combined £64.4M/year they pay now.
Considering proportional increases, EE might see its current £24.9M/year rise to £75.6M.
Related mobile stocks were up today, with the exception of Vodafone, which saw a downgrade from Bank of America: ORAN +1.7%; OTCQXTEGY +1.9%; TEF +1.4%; OTCPK:HUWHY +0.3%; VOD -3.3%.
Previously: Vodafone lower after BofA downgrade (Feb. 24 2015)
Seeking Alpha
Meantime market provides new opportunities.
U.K. wireless firms looking at broad license fee hike
Feb 24 2015, 20:02 ET | By: Jason Aycock, SA News Editor
U.K. mobile firms are likely looking at a license fee increase as regulator Ofcom follows its government mandate to ensure spectrum fees reflect market value.
EE (ORAN, OTCQX
TEGY) -- on its way to becoming part of BT Group (NYSE:BT) -- Three (OTCPK:HUWHY), O2 (NYSE:TEF) and Vodafone (NASDAQ:VOD) could see fees for the 900 MHz and 1800 MHz bands rising to a total £223.3M/year ($345.5M/year) -- up from the combined £64.4M/year they pay now. Considering proportional increases, EE might see its current £24.9M/year rise to £75.6M.
Related mobile stocks were up today, with the exception of Vodafone, which saw a downgrade from Bank of America: ORAN +1.7%; OTCQX
TEGY +1.9%; TEF +1.4%; OTCPK:HUWHY +0.3%; VOD -3.3%. Previously: Vodafone lower after BofA downgrade (Feb. 24 2015)
Seeking Alpha
