Spectrum Auction Garners $92.6m
Optus, Telstra, TPG, NBN Co and Vodafone have between them coughed up $92.6 million in licence fees for spectrum for mobile and fixed wireless broadband services in the Australian Comms and Media Authority’s latest auction.
The auction process used a simple clock auction (SCA) format. The auction commenced on November 28 and concluded on December 12 after 85 rounds.
A total price of approximately $92.6 million will be paid by bidders for this spectrum.
ACMA chair Nerida O’Loughlin said there was strong competition for the spectrum, in the 1800MHz, 2GHz, 2.3GHz and 3.4GHz bands. Telstra spent $72.5m, Vodafone $7.3m, Optus $6.5m, NBN Co $4m and TPG $2.3m.
Telstra paid the highest price for a single licence: $50 million for 3.4GHz spectrum in Brisbane.
Optus paid $6.5m for spectrum in Sydney, Melbourne, Brisbane and Adelaide. Vodafone spent $7.2m for spectrum in Hobart, Darwin and regional WA.