Something to Watch [1:06 pm]
Regulator Ofcom is now planning to loosen control of the spectrum, allowing it to be traded on the open market for the first time in 100 years.
[...] “We are turning 100 years of regulation on its head,” said an Ofcom spokesman.
“In the past we have had a command and control approach in which we hold the keys and dole them out to people we think deserve it most,” he explained.
“The new approach is that we are not going to say who should use it or tell them how to use it,” he said.
The new approach will allow companies to trade licences to use different parts of the spectrum among themselves as well as developing new services for existing spectrum they own.