By
Ry Crozier
on May 6, 2021 11:07AM
Once underpinned by newly-purchased millimetre-wave spectrum.
TPG Telecom expects 5G fixed wireless delivered over millimetre-wave spectrum to act as a “mass market … NBN alternative”, underscoring the competitive pressure wireless will exert on NBN Co in coming years.
CEO Iñaki Berroeta told TPG’s first post-merger annual general meeting that the $108.2 million investment in millimetre-wave 26GHz spectrum “in all available licence areas” via a recent auction was a “strong result” and “excellent outcome for our shareholders”.
“The millimetre wave spectrum we acquired will complement our current spectrum holdings and allow us to deliver an excellent 5G experience for customers,” Berroeta said.