The communications regulator revealed how it was going to release the next batch of cellular spectrum on Tuesday, in a bid to both improve mobile broadband speeds on existing services, and prepare for the rollout of the next generation of mobile technology, dubbed '5G'.
London stocks edged up in early trade as investors eyed speeches from Bank of England policymakers Andy Haldane and Ben Broadbent.
McBride said on Tuesday that adjusted operating profit for the full year is forecast to be in line with expectations after trading conditions in the second half remained challenging, as expected.
Labour leader Jeremy Corbyn has told Theresa May to read his party's manifesto if she wants ideas, ahead of an expected call by the PM for cross-party cooperation on Tuesday.
The FTSE 250 struggled in the red throughout Monday due to the huge decline of Carillion and a gloomy cloud over the retail sector.
London's FTSE 100 ended higher tracking a positive start to the session on the other side of the Pond, but its little sister went the other way as a profit warning from infrastructure and construction group Carillion took its toll.
Retailers were the big drag on the FTSE 350 today as survey data showed households continued to show caution on spending.
JP Morgan Cazenove cut its price target for Royal Mail shares as it shares the market's newfound caution on the UK consumer outlook.
London's FTSE 100 was slightly higher by midday, holding on to gains in fairly quiet trade, but its little sister went the other way as a profit warning from infrastructure and construction group Carillion took its toll.
Analysts at Deutsche Bank lowered their target price on shares of Dunelm after factoring-in reduced profit guidance from management and on expectations that its recent acquisition, WorldStores, would take longer to reach break-even.