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TPG Eyes New Spectrum Auction

TPG chief David Teoh, pictured, has welcomed the Federal Government decision to auction the remaining 700MHz spectrum left over from the 2013 “digital dividend” sale.

TPG had strongly opposed a draft ministerial direction that, if implemented, would have seen Vodafone pay $590 million for most of the spectrum.

All the available spectrum will now be put up for auction next year in a move expected to bring spirited bidding from TPG as well as Telstra, Optus and possibly Vodafone – as well as some possible bids from minor players.

Said Teoh: “As I have previously stated, we believe that wireless connectivity will play an increasing role in the future needs of the Australian telecommunications consumers.

“We have recently invested in 1800MHz spectrum” – as did Vodafone, Optus and Telstra – “and would be keen to augment that purchase with 700MHz spectrum.”

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