Massive $2 Billion Spent by Telstra and Optus on 900MHz Spectrum
The Australian Communications and Media Authority recently conducted an auction wherein Telstra and Optus spent a massive $2,092 Billion on the 850/900 MHz band spectrum.
For $1.476 Billion, Optus has acquired 2x25 MHz of the 900 MHz spectrum. The telco said that this will "deliver a significant uplift of 5G coverage nationwide, in addition to its