SINGAPORE (Dec 10): Optus, Singapore Telecommunications’ Australian subsidiary, has successfully acquired new regional licences for its customers in the 3.6GHz spectrum band.

These new regional spectrum licences will enable Optus to offer 5G services to customers across Australia with the addition of Optus’ existing large holdings of metropolitan 3.4GHz spectrum.

Announced by Australian Communications and Media Authority (ACMA) on Monday, Optus won 47 regional lots for a total amount of A$185.1 million ($182 million) across North and Central Queensland, South East Queensland/Northern NSW, regional Victoria and South Australia, Tasmania and Southern/Western NSW.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook