You may have heard that Ofcom want the UK to have access to 4G across the board, but what does this actually mean?

In a nutshell

4G is short for fourth generation. It will allow mobile phones to get faster internet connections, but to implement it the mobile networks need more spectrum (think of how a radio station broadcasts on a particular frequency). Ofcom are going to auction off some spectrum for 4G use, but after legal challenges to their initial plan they will no longer be reserving any for Three or Everything Everywhere who will now have to fight it out with the others.

The release of the 4G spectrum is crucial to the growth of mobile data, which is forecast to increase 500pc in Western Europe over the next five years. 

Pro's

- Access to speedier mobile web 

- Increase competition between mobile networks, bringing a better deal to consumers

- Faster access in rural areas 

Con's

- As no network offers unlimited allowance for smartphones it is likely that the cheaper option of 500gb will go out the window

- The 4G network is already last years thang, Trailblazers in the US and Europe are already looking for the next best think and the UK is falling behind

The final decision will be made in the summer, but as the government are already prepared to offer £150bn for the project the auction is likely to go ahead.