Business
Telcos spend more than $600 million snapping up 5G friendly spectrum – Sydney Morning Herald
Australia’s largest telecommunications companies have secured crucial radio wave spectrum that will dramatically improve mobile and internet speeds.
Australias 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…
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