TPG Telecom has announced it has secured holdings in all available licence areas in the 26 GHz (millimetre wave) band auction for $108.2 million, with the full results from ACMA on who won which spectrum allocations here.
Through its wholly owned subsidiary, Mobile JV Pty Ltd, TPG Telecom explains it "has acquired 400 MHz millimetre wave 5G spectrum licences for Sydney, Melbourne and Perth, and 600 MHz licenses for Brisbane and all other metropolitan and regional areas.
"The acquisition, which has resulted in a tripling of TPG Telecom’s total spectrum holdings, will provide significantly increased capacity to deliver 5G fixed wireless services and super-fast 5G mobile services."
TPG Telecom Chief Executive Officer Iñaki Berroeta said the holdings would deliver an excellent customer experience, and the auction result was a good outcome for shareholders.
Berroeta added: “Millimetre wave spectrum is one of the final pieces of our 5G network and will take 5G services to the next level in terms of speeds, performance and capability.
“The spectrum will enable us to deliver 5G fixed wireless services as a compelling NBN alternative, and it will also benefit mobile services in high foot-traffic areas such as CBDs.
“With our 5G network now available in around 450 suburbs in metro areas and 5G fixed wireless services coming soon, millimetre wave will enable us to supercharge our 5G services for customers at home and on the go.”
TPG Telecom reports it secured the following spectrum holdings at the 26 GHz auction. The company intends to pay for the spectrum in five equal annual instalments of $21.98 million, with the first payment expected to be due in 2021.
Sydney: 400 MHz
Melbourne: 400 MHz
Brisbane: 600 MHz
Perth: 400 MHz
Adelaide: 600 MHz
Canberra: 600 MHz
Regional areas: 600 MHz
Finally, it’s important to note that mmWave 5G is the version of 5G that can really deliver ultra fast speeds, with Verizon in the US able to offer an app with five live streams of the same football match at different angles, so people at home, or in the stadiums, or anywhere they get 5G mmWave connectivity, can enjoy true digital multimedia.
An advertisement featuring Chris Rock explaining the benefits of mmWave 5G (which Verizon called Ultra Wideband) with an iPhone 12 on the US Verizon network is embedded below, which shows the 5 live streams scenario. Australians will be able to do the same things with mmWave 5G, so if you haven't seen the ad, take a look below!
It’s also important to note that the iPhone 12 in Australia doesn’t support mmWave spectrum as yet, we’ll presumably have to wait for the iPhone 13 later this year for Australian iPhones to support mmWave.