The National Audit Office, which is like the nagging voice that keeps track of the government's spending and receipts, is to investigate the results of the recent 4G auction -- which saw the mobile networks paying £1.2bn less than anticipated.
According to a letter seen by Labour MP Helen Goodman, the NAO's boss Amyas Morse said he will be ordering his accountancy troops to carry out a "value-for-money study" into Ofcom's handling of the auction. Goodman claims Ofcom failed to get maximum value for the taxpayer out of the much delayed next-gen mobile spectrum sale, which could theoretically have pulled in an extra £3bn than it actually achieved had the UK networks paid the maximum amount for the right to sell us 4G services. [Guardian]
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