Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Britain sets 5G goal, says no ‘magic number’ of operators
    Top Stories

    Britain sets 5G goal, says no ‘magic number’ of operators

    Published by Uma Rajagopal

    Posted on April 11, 2023

    2 min read

    Last updated: February 1, 2026

    An engineer is seen working on a 5G mobile telephony mast in London, highlighting Britain's ambition to expand 5G coverage by 2030. This image represents the ongoing developments in the telecom industry and the competitive market landscape as discussed in the article.
    An engineer works on a 5G mobile mast in London, showcasing Britain's telecom advancements - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:innovationtelecommunicationsUK economymobile technology

    Quick Summary

    LONDON (Reuters) – Britain set an ambition to deliver next-generation 5G mobile coverage to populated areas by 2030 and said there was “no magic number” of network operators required to ensure a competitive market.

    LONDON (Reuters) – Britain set an ambition to deliver next-generation 5G mobile coverage to populated areas by 2030 and said there was “no magic number” of network operators required to ensure a competitive market.

    All four of Britain’s mobile networks – BT’s EE, O2, owned by Telefonica and Liberty Global’s Virgin Media O2, Vodafone and Three – are rolling out 5G. Some 77% of the population can now access basic 5G coverage from at least one provider.

    Britain said it wanted the next iteration of 5G – called standalone 5G or 5G Plus – to be widely available by the end of the decade, helping to unlock new technologies like driverless vehicles, robots and drones.

    Vodafone and Three are in merger talks, which if successful would reduce the number of networks to three. Both companies have said allowing them to combine would help underpin network investment.

    The government said on Tuesday it had “reconfirmed that there is no magic number of mobile operators, whilst noting all decisions on consolidation are for the Competition and Markets Authority”.

    It said it would invest 40 million pounds ($50 million) in an innovation fund to promote adoption of 5G by businesses and public services.

    ($1 = 0.8057 pounds)

    (Reporting by Paul Sandle; Editing by Kate Holton)

    Frequently Asked Questions about Britain sets 5G goal, says no ‘magic number’ of operators

    1What is 5G?

    5G is the fifth generation of mobile network technology, designed to provide faster speeds, lower latency, and greater capacity than previous generations, enabling advanced applications like driverless vehicles and IoT.

    2What is a mobile network operator?

    A mobile network operator (MNO) is a telecommunications company that provides wireless communication services to mobile phone users, including voice, text, and data services.

    3What is a merger in business?

    A merger is a business strategy where two companies combine to form a single entity, often to enhance market share, reduce competition, or achieve economies of scale.

    4What is an innovation fund?

    An innovation fund is a financial resource allocated to support new ideas, technologies, or projects, typically aimed at fostering growth and development in specific sectors.

    5What is standalone 5G?

    Standalone 5G refers to a 5G network that operates independently of previous generations, utilizing new infrastructure and technology to deliver enhanced performance and capabilities.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostBoeing delivers 130 planes in Q1, beating Airbus by 3 jets
    Next Top Stories PostExplainer-Why European money market funds inflows are lagging behind the U.S. torrent?