Qualcomm Sells UK Spectrum To Vodafone, H3G

San Diego-based Qualcomm announced this morning that it has sold a segment of spectrum it owns in the UK, to Vodafone and H3G. According to Qualcomm, its Qualcomm UK Spectrum (QUKS) subsidiary has agreed to sell its UK L-Band sepectrum (1452 - 1492 Mhz) in two, separate transactions. Financial details of the spectrum sale were not announced. The spectrum is allocated for helping mobile network operators handle mobile data traffic. Qualcomm said it was advised by Akira Partners LLP in the sale.