RADIO FREQUENCIES

Sir Nicholas Soames: To ask Mr Chancellor of the Exchequer, how much was raised from the sale of radio spectrum in each financial year since 2010-11; and how much he expects to accrue to the public purse in such ways in each financial year to 2019-20.

Greg Hands, Chief Secretary to the Treasury: The following was raised from the sale of radio spectrum since financial year 2010-11:

Financial Year

Sale revenue (£)

2010-11

0

2011-12

0

2012-13

2,368,273,322

2013-14

0

2014-15

0

2015-16

0 (to date)

Ofcom may determine appropriate reserve prices for spectrum sales in future years and will advise Government on expected sale revenues as part of its preparations for spectrum auctions. Ofcom publishes an annual ‘Section 400 Account Licence Fees and Penalties Account’ which details spectrum fees arising from Wireless Telegraphy Act licences. Their most recent report can be found at http://www.ofcom.org.uk/content/about/annual-reports-plans/1262041/annua....

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