Optus has won two 2300MHz lots in Sydney and Melbourne, and three 3500MHz lots in Sydney, Brisbane and Adelaide for a total amount of A$6,513,000.
The news follows ACMA's announcement of spectrum sales to Optus, Telstra, TPG, Vodafone and nbn co.
The 3500MHz band is "globally harmonised by the International Telecommunications Union (ITU) and recognised as the 5G pioneer band. The 3500MHz acquisition complements Optus’ extensive 3500MHz metro holdings and will enable Optus to offer 5G services for customers in Sydney and Melbourne."
Optus Networks Managing Director Dennis Wong said, “As Optus continues to evolve into a mobile-led entertainment company, we are focussed on the efficient use of our spectrum holdings and ensuring our network capacity is optimised for our customers’ future high speed data demands.
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Wong added the new spectrum positioned Optus very strongly in the race towards 5G.
“Optus’ spectrum assets in the 3500MHz band ensures we are able to effectively implement and launch 5G services for our customers.” Wong continued.
Optus proudly boasts having "just been recognised as the ‘Best in Test’ in the prestigious, independent 2017 P3 connect Mobile Benchmark Australia test, with its network placing first overall, for voice and data, first in voice and first for smaller towns."
Wong added: “Optus continues to invest in our network where people live, work and play. Whether they are in the cities, regional centres or smaller remote towns, we are expanding and improving customer experience.”
“Optus has a strong mix of spectrum to deliver extensive coverage and superfast data speeds to more Australians. The new spectrum will ensure we are prepared for the significant and exciting changes 5G will bring in the future,” Wong concluded.
Optus reminds us its 4G mobile network "reaches 96.5% of the Australian population."