World Bulletin / News Desk
Britain's biggest mobile operator EE said on Wednesday it would launch the country's first superfast mobile broadband service at the end of October.
The joint venture between France Telecom and Deutsche Telekom unveiled a new brand, EE, and details of the service last month, but did not announce a start date while the threat of legal action from rivals persisted.
Britain's other operators had argued that EE had an unfair advantage because it could reuse its existing spectrum for superfast broadband, while they had to wait for new spectrum to be auctioned next year.
That threat receded on Tuesday when the industry, the regulator and the government agreed a deal to speed up the auction and availability of new airwaves.
"We are delighted to announce that the official launch of our new customer brand, EE, offering the UK's first superfast mobile 4G and fibre broadband service, will take place on 30 October," EE said in a statement.
"This is a significant milestone for the United Kingdom, and for the people and businesses of our country who will now be able to enjoy the huge advantages of superfast 4G technology for the first time."
EE will launch 4G in 10 cities on Oct. 30, and will cover 16 cities - a third of the UK population - by the end of the year. It will hope to gain an advantage on its rivals with the offer of the iPhone 5, which launched last month and can run on 4G networks.
The pound sterling sees its lowest level against the the US dollar in over 30 years
A subsequent survey that included people of all ages found that somewhat older Americans also are skeptical of capitalism.
California is now the sixth largest economy in the world, surpassing France thanks to a robust state economy and the strength of the US dollar.
Overnight lending rate gets cut by 50 points to 9 percent, while overnight borrowing rate remains unchanged at 7.25 percent
Says 2016 business report 'clear indicator' it is improving its economic record despite fall from 46th to 49th
Turkish Cypriot leader says negotiations on federal system close to completion
Britain votes on June 23 on whether to stay in the 28-member bloc, a choice with far-reaching consequences for politics, the economy, defence and diplomacy on the continent.
1 in 18 families has a member who left Greece after 2010, and 12 pct of new refugees are older than 40
Surplus during Jan.-May period stood at $3.1 billion, says finance minister
Remote, impoverished town expects well-to-do Chinese buyer to spur its fragile economy
Austrian company is to have 75 percent of total stakes of Turkish company after agreement concluded
Apple, Microsoft, Alphabet, Cisco and Oracle hold about $504B, approximately one-third of all corporate cash in the United States
The Fund's head says 'corruption has a pernicious effect on the economy'
Exit would cost average monthly salary for each household, Organization for Economic Cooperation and Development says
Firms to see deterioration in credit metrics as low oil prices impact cash flows
OPEC exporters as well as other non-OPEC producers, including Russia, fail to agree on oil output freeze