@ Spectrum Guru
That would open up some prime Thames-side real estate.
The RA was a bunch of theorists in a purely technical sense, omitting the commercial context.
OfCom is a bunch of theorists in a purely commercial sense, omitting the technical context, looking at the revenue from spectrum management, ignoring the overall revenue and 'national good' from spectrum usage. If company X raises 10% more revenue (and VAT, corporate tax etc) because of efficient licensing, OfCom could not recognise that revenue for their bonus plan, so they're not interested.
The public thinks it's great that £20Billion+ goes to hospitals, then complains about high mobile bills and lousy coverage but they never join the dots....