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Australian operators pay A$648M for mmWave spectrum


News Analysis
Robert Clark
4/23/2021
Australian operators have paid A$647.6 million (US$501.2 million) for a total of 2.4GHz in mmWave frequencies in the latest 5G auction.
Telstra was the biggest buyer, spending A$276.6 million ($213.8 million) to acquire the maximum of 1000MHz, covering major cities and key regional areas.
Regulator ACMA said 358 of the 360 lots of 26GHz spectrum had been sold. The new licensees will have rights to the spectrum for 15 years, starting from later in 2021.
Hammer down: Telstra led the pack in the latest 5G aution for a total of 2.4GHz in mmWave frequencies.
Optus was the second biggest spender, tipping in A$226.2 million ($174 million) for 800MHz spectrum in Sydney, Melbourne and other cities, along with another 600MHz in Hobart and Margaret River in Western Australia. ....

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