Interesting: "... the beginning of the next exciting chapter in TPG’s development".
How much is 10MHz? Any techies to explain?
"TPG Telecom Limited (ASX: TPM) confirms that it was a successful bidder in the auction for spectrum in the 1800MHz band. TPG will pay $84.7 million for the lots that it has purchased, with approximately $15 million to be paid in the current financial year and the balance to be paid in early 2017.
"TPG successfully bid for two 2x5MHz lots (i.e. 10MHz of spectrum) in each of the following regions: Darwin, South Queensland, Northern NSW, Canberra, Southern NSW, Regional Victoria, Regional South Australia, and Tasmania. In addition, TPG was the winning bidder for one lot of 2x5MHz (i.e. 5MHz) in each of Adelaide and Western NSW."
Add to My Watchlist
What is My Watchlist?