Equiniti Group PLC Equiniti to support Ofcom
07 January 2019 - 6:00PM
RNS Non-Regulatory
TIDMEQN
Equiniti Group PLC
07 January 2019
Media Release
07 January 2019
Equiniti to support Ofcom clearance of 700 MHz radio
spectrum
The Ofcom Claims Management System will allow real-time claim
processing, communication and payments throughout the project
Equiniti Limited, the multinational technology and payments
specialist, is delighted to announce that it has been selected by
Ofcom, the UK's communications regulator, to run the Programme
Making and Special Events (PMSE) grant funding scheme.
The scheme facilitates the accelerated clearance of the 700 MHz
band of radio spectrum ahead of its release for new mobile
services. Current mobile devices already cover this band for 4G
mobile services, and in the longer term, low frequency spectrum
such as the 700 MHz band could be suitable for 5G. PMSE users,
including theatres, broadcasters, and live music and sporting
events, will no longer have access to this part of the radio
spectrum in the UK from 1(st) May 2020.
To support the 700 MHz PMSE funding scheme, which will
compensate up to 20,000 items of PMSE equipment, Equiniti will
operate the Ofcom Claims Management System (OCMS). OCMS supports a
digital claims processing journey, allowing registration, claims
management, communications and payments to be made, as well as
facilitating real-time reporting between Ofcom, Claimants, and
Equiniti.
Gavin Lane, Senior Director at Equiniti, commented:
"We are delighted to have won this contract and look forward to
working in collaboration with Ofcom again having managed a similar
project for them nearly a decade ago. Since then, Equiniti has
broadened its range of client propositions and established its
pedigree in the flawless execution of highly-complex,
multi-disciplinary projects - this winning bid evidences our
digital journey and expertise in registration and payments. We are
naturally delighted to be working with Ofcom again on this large
scale project."
ENDS
For more information:
Temple Bar Advisory
William Barker / Sam Livingstone
Tel: 078 2796 0151 / 077 6965 5437
Email: equiniti@templebaradvisory.com
Notes to Editor:
About Equiniti
Equiniti Group plc is a specialist administrator delivering
technology-enabled solutions to some of the world's best-known
brands and UK's largest public-sector organisations.
It is the UK's leading provider of share registration, employee
share plans, and associated investor services, and also has market
leading positions in pension administration and software, and
employee benefit schemes.
Equiniti's services, which are delivered by over 5,000
employees, benefit 28 million people in the UK and 120 countries
around the world.
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END
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