Ofcom's massive price hike could cost us and the UK telecoms industry dearly
Friday, October 2, 2015 - 06:20
in Mathematics & Economics
If you thought your phone bill was expensive, UK telecoms regulator Ofcom just announced an inflation-busting price hike that will triple the licence fees paid by UK mobile network operating companies. The likes of EE, O2, Vodafone and Three must pay the government to use the 900MHz and 1800MHz radio frequency spectrum bands, which from October next year will cost the industry £199.6m per year.