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An independent study of the impact of radio spectrum on the UK economy has found its use is worth more than £50bn a year. This shows a 25% real growth in value over five years.
The Analysys Mason study, commissioned by Government, found spectrum use was valued at £52bn in 2011, an increase of 25% in real terms since a similar study was carried out in 2006.
Mobile services account for nearly 60% of this value, with broadcasting responsible for another 20%. Other sectors considered include the use of Wi-Fi on mobiles, microwave links, satellite links and private mobile radio.
The findings support Government plans to release 500MHz of public sector spectrum to unlock growth and drive innovation in the UK economy.
Other key results of the research show that public mobile communications are supporting a supply chain generating annual revenues of around £20bn and supporting 75, 000 jobs; while broadcasting services are supporting a supply chain worth around £16bn a year and supporting 40,000 jobs.
Philip Bates, Senior Manager at Analysys Mason and lead author of the report, said: “Ongoing market, technical and commercial trends all point towards continued growth in the public mobile sector, suggesting its importance to the UK economy will continue to increase.”
