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The sale of Ministry of Defence (MoD) radio frequences could raise £1bn, the Financial Times reported this week. Two radio bands are being sold, with two industry experts telling the newspaper that each is likely to net £4-500m.
By Civil Service World
19 Dec 2012
The sale of the radio frequencies, announced in the Chancellor’s Autumn Statement, will provide fourth generation mobile phone and broadband services. The Treasury will take the money from the sales.
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