Cellfanatic

3g Carriers O2

O2 loses UTMS Rollout Penalty 40 million Pounds

article Nick Marshall

 O2 loses UTMS Rollout Penalty 40 million Pounds

It would be a beautiful day in America if we were under the same scrutiny about our 3G rollouts as is the case for the O2 network in the UK.  After some moderate delays in the rollout of the network’s UTMS network it seems that Ofcom (Regulator Ofcom) wants to cut the carrier’s its license by four months.  What this means is that O2 will have to close its networks in September 2021 instead of the end of that year.  To get a real idea of what this means, the equivalent penalty is roughly 40 million pounds which has a U.S. street price of 40 million British pounds = 79.46400 million U.S. dollars. The interesting tidbit of information here is that when O2 won the license to launch their UTMS network back in 2000 they paid nearly 4 billion pounds so I think they can handle a 40 million pound fine.

[Source: telecoms]

posted on Mar 3, 2008 in 3g Carriers O2 Tags: , , ,

Leave a Comment

Previous post: Sony Ericsson News: XPERIA X1 Delayed Launch, Image Leak

Next post: Nokia 6124 classic exclusively with Vodafone