Ann: 700MHz Spectrum Acquisition and Entitlement Offer, page-8

TPG expects to be able to fund the required capital expenditure for the mobile network as well as the purchase of the spectrum over the next three years based on this Entitlement Offer, its operating cash flow, borrowing capacity, and other capital management options available to it.

The gross auction price of $1,260 million will be paid in instalments of $605 million (less a deposit of $10 million), $352 million and $352 million (inclusive of interest) due in January 2018, January 2019 and January 2020 respectively.

$ 1.26 bil price tag ....... some good $$ for the government.