Following the recent 4G auction that saw disappointing results for the government, it has been claimed that it will in fact be good news for Britain in the long-term.

The government were expecting the 4G auction to earn in the region of £3.5bn, when it actually raised just £2.34bn, leaving a £1bn gap in the Government’s expected earnings.

You’d imagine this to be bad news, but in the long run this should bring hope to Britain’s telecoms industry.

The last time something like this happened, so much money was spent by the major networks; that UK consumers have suffered. The major networks were left with huge bills meaning they didn’t want to spend money on ensuring they were at the forefront of 3G technology, meaning services suffered.

Hindsight seems to have really set in this time, as through the cautiousness of the major networks, there is money left over this time to create the proper infrastructure that 4G requires to work successfully.

This advancement in mobile services is, in theory, a promising step for businesses and consumers, it seems that the introduction of 4G will be supported by the infrastructure it needs, which translates in to the UK seeing more jobs being created and improved mobile services.