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Telcos spend more than $600 million snapping up 5G friendly spectrum
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Australiaâs largest telcos have spent more than $600 million on crucial radio wave spectrum that will help them build 5G networks and dramatically improve mobile and internet speeds.
Telstra spent $276.6 million on buying 1000MHz of 26GHz spectrum, which is highly sought after because it can be used to build high-speed mobile networks. TPG Telecom will pay $108.2 million for licences in Sydney, Melbourne, Brisbane and Perth, while Optus was awarded licences in most capital cities for $226.2 million by the Australian Communications and Media Authority. Including smaller providers Dense Air Australia and Pentanet Limited, the group of telcos spent $647.6 million.
iTWire Friday, 23 April 2021 11:09 ACMA details outcome of 5G millimetre Wave spectrum auction
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Five companies have won spectrum in the Australian Communications and Media Authority’s latest spectrum auction in the 26 GHz band. The 26 GHz band has been identified as optimal for the delivery of 5G wireless broadband services.
Indeed, mmWave 5G is the version of 5G that can really deliver ultra fast speeds, with Verizon the US able to offer an app with five live streams of the same football match at different angles, so people at home, or in the stadiums, or anywhere they get 5G mmWave connectivity, can enjoy true digital multimedia.
Telcos spend more than $600 million snapping up 5G friendly spectrum smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.