Business
Government declares 2021 as ‘Year of 5G’ – Motley Fool Australia
Two 5G spectrum auctions are scheduled for next year. Is this good news for ASX-listed companies like Telstra and TPG Telecom?
The Federal Government announced on Wednesday not 1 – but 2 – 5G spectrum auctions for next year.
Communications Minister Paul Fletcher revealed that high-band 5G spectrum (26GHz) would be sold off in April, while low-band (850-900MHz) would be auctioned sometime in the second half of 2021.
Mid-band spectrum was sold in late 2018.
“We are making the low, mid and high bands available so that the telcos can provide better, faster and stronger 5G in Australia,” said Fletcher.
“Low band spectrum can…
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