People keep saying this bulls*. You do realise the alternative...

People keep saying this bulls*.

You do realise the alternative to more spectrum is to just add more antennas. It's merely a cost benefit analysis. SingTel uses high range spectrum for volume and low end for coverage. To just say oh they don't have enough spectrum is shallow.

Also, the insufficient spectrum argument is a problem of having too many customers. TPG can invest at that stage if need be.