Everything Everywhere’s £1.5 billion investment to bring 4G to Orange and T-Mobile within the UK

To this point there were some limited LTE trials , however the truth remains: UK 4G isn’t happening any time soon. A fact not lost on Everything Everywhere CEO Olaf Swantee, who’s raiding the coffers to a tune of £1.5 billion to bring the Orange and T-Mo UK in control. Top of the shopping list, naturally, is the network equipment needed, in time for when the spectrum eventually gets auctioned off — currently expected to be late 2012 . The money injection is a part of a 3-year investment, so don’t expect that minty fresh network any time soon, but UK users can a minimum of take refuge in knowing that Swantee, and his brace of providers, are pushing to bring old Blighty decent data rates sooner in place of later. That’s if they have been given back in time.

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This post is tagged: cash injection, coffers, fresh network, orange, shopping list, spectrum, uk users