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Australia raises AUD 853 mln in auction of 5G spectrum in 3.6 GHz band

2018-12-10 10:50:00| Telecompaper Headlines

(Telecompaper) Four companies have won 5G spectrum in the Australian Communication and Media Authority's latest auction of the 3.6 GHz band. According to the regulator, all 350 lots available in the auction were sold, realising total revenue of AUD 853 million. Dense Air Australia won 29 lots for AUD 18.49 million; Mobile JV, the joint venture of TPG Telecom and Vodafone Hutchison Australia, won 131 lots for AUD 263.2 million; Optus won 47 lots for AUD 185 million; and Telstra won 143 lots for AUD 386 million. Licences won at auction will commence in March 2020 and will run until 13 December 2030. 

Tags: australia band auction spectrum

Category:Telecommunications

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