Osborne dealt £1bn blow by 4G auction

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Despite the much-hyped figure of £3.5bn, auction for next-generation mobile services and broadband limped in at £2.34bn

Chancellor George Osborne has been left with a £1bn-shaped hole after the much-plugged 4G auction raised just £2.34bn instead of the £3.5bn expected. The winning bidders are Everything Everywher...

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