Tuesday, May 21, 2024

ACMA Announces Auction Results for 5G Spectrum

Five companies have won spectrum in the Australian Communications and Media Authority’s latest spectrum auction in the 26GHz band. The 26GHz band has been identified as optimal for the delivery of 5G wireless broadband services.

Of the 360 lots available in the auction, 358 were sold, realising a total revenue of AUD$647,642,100 (USD$499,477,778).

Dense Air Australia Pty Ltd won two lots for AUD$28,689,900, Mobile JV Pty Limited won 86 lots for $108,186,700, Optus Mobile Pty Ltd won 116 lots for $226,203,100, Pentanet Limited won 4 lots for $7,986,200, and Telstra Corporation Limited won 150 lots for $276,576,200.

“This outcome represents another significant milestone for 5G in Australia. The successful allocation of this spectrum will support high-speed communications services in metropolitan cities and major regional centres throughout Australia,” said ACMA Chair Nerida O’Loughlin.

“This auction is one among a suite of licensing approaches that the ACMA has introduced in the 26 GHz and 28 GHz bands to encourage a wide range of innovative communications uses,” said Ms O’Loughlin.

Licences won at auction will come into force later this year, for a 15-year term ending in 2036.

The full results, including frequencies and geographical locations, are available at https://www.acma.gov.au/26-ghz-band-auction-results 

Related Articles

Stay Connected


Latest Articles