Three do have 800MHz spectrum to turn on at some point.
The spectrum allocations of the various mobile operators are quite complicated, being the combined result of the original 2G allocations (900MHz and, later, 1800MHz), the 3G auction (2100MHz), the merger of T-Mobile (nee Mercury One-2-One) and Orange into EE and subsequent forced sale of part of EE's combined 1800MHz holding which went to Three, and the 4G auction (800MHz and 2600MHz).
Vodafone and O2 have similar amounts of the lower two frequency bands - both have 10MHz paired at 800MHz, and a little bit less than 10MHz paired at 900MHz (Vodafone have 8.6MHz paired, O2 have 9.7MHz paired). Three and EE have much less spectrum here - each has 5MHz paired at 800MHz and no 900MHz allocation. These two lower bands are, broadly speaking, the best at penetrating buildings and the least attenuated by distance.
The remaining bands are more readily attenuated by buildings or distance, which makes them good for providing capacity but less good at providing coverage. The size of holdings in the three higher bands is EE > Vodafone > Three > BT (no idea what they intend to do with their 2.6GHz holding) > O2.
Generalisations based on spectrum holdings aren't especially helpful. There are numerous factors determining coverage and capacity in a particular location. Ultimately, it's a matter of deciding which network offers the best coverage, capacity and pricing in the areas that matter to you.