Maria Miller, the newly appointed culture secretary, has arranged the 'peace talks' in a bid to tackle the outrage felt by certain operators over Ofcom's decision to allow Everything Everywhere to reuse its existing mobile spectrum to launch 4G later this month.
O2 has already threatened to launch a legal challenge to the move, as it would allow EE - the UK's largest mobile operator by customer base - to enter the 4G market potentially a year before its rivals.
However, EE has hit back by saying that should its 4G plans face a legal challenge, then it would be forced to launch its own action against the make-up of Ofcom's auction, which will sell off available spectrum for firms such as O2 and Vodafone to introduce their own 4G services.
Ahead of today's meeting, Ofcom told the government that it would be possible to accelerate the roll-out of 4G networks in some areas to May or June next year. It had previously been said that 4G would not launch until the end of 2013 at the earliest.
This new schedule would go a long way towards appeasing O2 and Vodafone, which have been highly critical of Ofcom's decision to allow EE to reuse its 1800Mhz spectrum for 4G.
The firms are also smarting from the fact that the 4G, or Long Term Evolution (LTE), version of Apple's new iPhone 5 is also coming to EE this year, giving the firm a big exclusive on the massively popular smartphone.
However, a summer 2013 launch window for 4G would be much more appealing to the auction bidders as it would cut EE's period of exclusivity by around six months.
Three has purchased part of EE's 4G spectrum, but will not get access to it until September 2013.
Should Miller be able to broker a deal today at the meeting between the warring operators and Ofcom, then this could allow EE to finally announce a firm launch date for its 4G services.
The company has already rebranded its retail outlets as EE and announced a number of 4G handsets, but is still waiting to push the button on the service that promises to offer mobile internet speeds five times faster than 3G.
At a press conference last month, EE said that it would offer 4G in 16 UK cities by the end of the year, including London, Edinburgh, Cardiff, Belfast, Birmingham, Bristol, Derby, Glasgow, Hull, Leeds, Liverpool, Manchester, Newcastle, Nottingham, Sheffield and Southampton.
> Mobile goes 4G: What does this mean for you?
At this stage, the network will cover around 20 million people, a third of the population. Customers in these urban areas will be able to access superfast mobile broadband speeds of up to 100Mbps on their 4G-enabled smartphones.
A nationwide roll-out of EE's 4G service will accelerate through 2013, and it is expected that 98% of the UK population will be covered be 2014.