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Simmons & Simmons

Most innovative law firms in Corporate Law 2012

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Award levelHighly commended
InnovationAcquisition of UK 4G spectrum licences by UK Broadband
Originality6
Rationale8
Impact6
Total20
DescriptionCreation of structure that enabled the first-ever transfer and leasing of spectrum licences in the UK by Freedom 4, the telecoms and internet service provider owned by the Daisy Group. Led to the opening up of the spectrum trading market in the UK. The lawyers also devised a structure allowing buyer and seller to hold a joint licence to use the spectrum before it reverted to sole ownership.