Telstra has warned that a proposal to limit the amount of radio wave spectrum it can buy later this year will lead to slower network speeds and delay the rollout of 5G mobile services in regional areas.
The telco’s chief executive Andy Penn is urging the federal government to rethink limits proposed by The Australian Competition and Consumer Commission (ACCC) that restrict how much spectrum Telstra can bid for.
Under the proposal, Telstra would be prevented from bidding for extra “low-band” spectrum, and would also need to reduce the current amount it uses. “Low-band” spectrum, which will be sold by the government later this year, is used to carry mobile data over vast distances, which makes it crucial in regional and rural areas.
TLS Price at posting:
$3.77 Sentiment: Buy Disclosure: Held
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