TPG & Vodafone buy the last of Australia’s available 4G spectrum

TPG

Last year the Federal Government announced it would be auctioning off two 15 MHz lots of the 700 MHz spectrum, used to provide 4G mobile broadband. Today, the w
inning bids for the auction have been announced, with TPG and Vodafone snapping it up.

TPG picked up two lots of 10 MHz for $1,260,161,000 (that’s $2.75/MHz/pop) and Vodafone bought two lots of five MHz for $285,907,000 (at the reserve price of $1.25/MHz/pop).

Welcome to the wireless game TPG.

On another note it’s good to see Voda stay true to their promise. The new spectrum purchase should, in a large way, help improve their current network reliability and congestion.

Source: TPG And Vodafone Just Bought The Last Of The 700MHz Spectrum For $1.5 Billion | Gizmodo Australia

Reckoner had its humble beginnings way back in June of 2013.

Founded by James Croft, along with Peter Wells and Anthony Agius they created what would go on to become one of Australia’s most highly regarded and award winning independent tech blogs.

With its uniquely Australian voice Reckoner is committed to offering a “no-holds-barred” approach to its writing. Beholden to no one but its audience. Reckoner’s goal is to remain completely transparent and honour the trust it’s built with its faithful readership.

Support Reckoner!
Thanks for stopping by. It looks like you're really enjoying the content so why not help a brother out and pitch in for a coffee.

Your support makes all the difference!