Last year Ofcom announced that the 700MHz and 3.6-3.8GHz 5G Auction would begin this month (to improve coverage and speed of 5G mobile broadband networks). There was a pause in the process due to the current COVID-19 lockdown and it has now been confirmed the start of the auction will be in March 2021. Ofcom will continue to monitor the situation in the meantime.
Earlier this month Ofcom announced the four bidders as EE Limited, Hutchison 3G UK Limited, Telefónica UK Limited and Vodafone Limited. The regulations for the auction came into force in November 2020.