Business
Is the Telstra (ASX:TLS) share price going to keep rising?
Can the Telstra Corporation Ltd (ASX: TLS) share price keep going higher? It has gone up more than 10% since 11 March 2021.
The telco has been rising as it continues to progress with its strategies.
5G
One of the main parts of the strategy is to be the market leader of 5G. This is the next phase of mobile technology that should allow for much faster speeds than we already have.
To that end, Telstra recently invested $277 million to secure 1000 MHz in the 26 GHz spectrum auction. It secured spectrum in all major capital cities and regional areas where it was sold.
The Telstra CEO Andrew Penn said that the new mmWave spectrum would “dramatically” increase capacity and speeds for Telstra customers.
Why is the mmWave spectrum so…
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