What Mage said.
What Mage said; this is true in the US too.
The telcos here ALREADY have all sorts of spectrum they are not using, for several reasons 1) Handsets must support it. 2) They must upgrade sites (either add more antennas, replace the antenna with a fancier multi-band antenna, and either add more radios or replace the radios with a software defined radio with enough frequency coverage.) 3) They simply don't have to, they bought the spectrum at auction (not rented like in UK), and ridiculously there are NO useage or buildout requirements* so companies can just buy it and sit on it.
Furthermore, cellcos here have barely begun to pursue small cell sites, or microcells (other than ones people buy for use in a household if it's a dead spot otherwise). They'd rather just take all the spectrum and (eventually) add it to existing sites rather than ever adding a capacity site.
As for "sharing" spectrum.. big problem. Many people here are very far from their stations, and do not necessarily use the "in-market" stations. I, for example, am about 10 miles away from 2 stations, but 55 miles or so away from the other supposedly "in-market" stations. Those stations suck though, so I point my antenna east-southeast and pull in out of market stations 60 miles away. But, some greedy cell co. would blast right over my stations under this type of plan, just so they could ask "Are you REALLY sure you don't want 4GB of data for 'just' $80 a month?" or whatever.
*800mhz cellular was grandfathered in, but if they didn't built out in some market, another company could petition to take the license. The first 1900mhz PCS auctions had some buildout requirements, but it was like 50% population coverage in a market within 10 years or the like. Ridiculously, companies got away with putting up 1 "license saver" site in the middle of some rural town to count for this... a "license saver" site will not show coverage on coverage maps, will not even provide service to their own customers, but despite it being useless they get to claim to the FCC it "covers" the population. Later 1900mhz and auctions after that have typically had NO buildout requirement whatsoever. Want to sit on it for 20 years just to lock out potential competition? Go ahead!