Govt to seek minimum $198M for 4G spectrum

Wed, 04 Sep 2013

Sept. 4 (BusinessDesk) - The government plans to begin its auction of fourth generation mobile broadband radio spectrum on Oct. 29 and will be seeking a minimum of $198 million for the rights, which are expected to be fought over by Telecom, Vodafone, and 2degrees. However, potential operators who have yet to build their own mobile network will also be able to bid. The mobile spectrum, in the 700 Megahertz range, has been used until recently for analogue television broadcasting and is being cleared at a cost of $157 million. The nine pairs...

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