Australia Seeks A$3 Billion From Telstra, Optus Spectrum Sales
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Australia expects to get about A$3 billion ($3.2 billion) in the next four years from the renewal of mobile phone spectrum to providers including Telstra Corp., Optus and Vodafone Group Plc.
Operators in the highest-priced part of the spectrum will pay A$1.23 a megahertz per person in a given area for 15-year permits, the office of Communications Minister Stephen Conroy said on its website. The price for services in the 800 megahertz band, used to provide smartphone data, is 16 percent less than suggested in a draft decision last year.