Telstra Swoops On 5G Spectrum With Half-Billion War Chest.
Telstra Swoops On 5G – Telstra has swooped on $A546.6 million worth of 5G spectrum at the latest Australian Communications and Media Authority (ACMA) auction.
The key element of the auction for electronic security people is increased bandwidth and enhanced coverage in key locations supporting the industry’s growing cloud component.
These latest purchases covered the 3.4-3.7GHz spectrum, enabling Australia’s biggest telcos to provide enhanced 4G and 5G coverage in metro and regional centres across the country.
Telstra Swoops On 5G Spectrum With Half-Billion
Telstra bought chunks of spectrum between 55 and 110 MHz nationally, along with 80MHz more spectrum in Sydney and Melbourne.
Telstra, Optus, TPG Telecom and NBN Co spent $A721.8 million at the ACMA auction, with 5G predicted to be the area of greatest investment by the telcos.
TPG Telecom, through subsidiary Mobile JV, spent $128 million on spectrum licenses, while Optus spent $33.5 million on 4 lots covering northern NSW and southern Queensland, including the Gold Coast. NBN Co spent $14.3 million.
You can find out more about ACMA spectrum auctions here or read more SEN news here.
“Telstra Swoops On 5G Spectrum With Half-Billion War Chest.”
