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Australia's Telstra splurges on 5G spectrum

Telstra Corp. Ltd., Vodafone Australia Pty. Ltd., Singtel Optus Pty. Ltd., NBN Co. Ltd. and TPG Telecom Ltd. secured spectrum through a multiband residual lots auction held by the Australian Communications and Media Authority, or ACMA.

Telstra was the biggest spender by purchasing 17 lots for A$72.5 million. Vodafone was second by spending A$7.2 million on three lots, followed by Optus with A$6.5 million for five lots. NBN spent A$4 million for five lots, while TPG paid A$2.3 million for two lots. A total price of about $92.6 million will be paid by the bidders.

Telstra picked up 17 lots: one in the 1800 MHz band, seven in the 2 GHz band, five in the 2.3 GHz band, and four in the 3.4 GHz band. Meanwhile, Vodafone Australia secured two 10 MHz spectrum lots in the 2100 MHz band, as well as two 5 MHz spectrum lots in the 1800 MHz band.

The ACMA earlier said that it expects the 1800 MHz on offer will be used for LTE technology, 2 GHz for 4G LTE or 5G technologies, 2.3 GHz for wireless broadband services, and 3.4 GHz for Time Division Duplex mobile broadband services.

The auction was launched Nov. 28.