It’s looking like O2 and BT are getting quite pally in the 4G world. O2 got a slice of the 4G pie in the recent auctions, as did BT, but it looks like BT will be providing a large amount of infrastructure for the O2 4G network after a cool £500 million changed hands.
The ten year deal involves the backbone and kit which will cope with a huge uptick in data traffic, however there’s an expectation that BT might be using a slice of the O2 4G network along with their own BT 4G frequencies and vice-versa. BT spent just £186 million for 2 x 15MHz of 2.6GHz and 1 x 20MHz of 2.6GHz spectrum, but they state that this isn’t for a mobile network, perhaps as a “last mile” replacement to deliver fast data to homes and businesses. The £186 million was already a bargain, but they’ve now grabbed £500 million from O2. Oh, and let’s not forget that O2 have already spent £550 million securing 2 x 10MHz of the 800MHz spectrum.