As reported in our March 2011 bulletin, Ofcom consulted on its assessment of future competition in mobile markets and proposals for auction of the 800MHz and 2.6GHz spectrum bands. Ofcom has indicated that as a result of a number of strongly argued and substantial responses it received, it plans to publish a further consultation document at the end of the year and will then likely give at least 8 weeks for shareholder comments on the revised proposals. Ofcom hopes to publish a decision statement next summer and then hold the auction towards the end of 2012.