Analysts have pointed to TPG’s bid for wireless spectrum as one of the most interesting developments in the Digital Dividend auction.
2.5GHz - News, Features, and Slideshows
The government failed to sell one-third of the 700MHz spectrum—worth $1 billion—that was up for sale in the Digital Dividend auction. Total revenue for the auction made from 700MHz and 2.5GHz spectrum was $1.96 billion, below the government's expectations.
A portion of the waterfront 700MHz spectrum in Tuesday’s Digital Dividend auction could go unsold despite aggressive bidding expected from Telstra, according to mobile industry analysts.
Bidding in next week’s Digital Dividend auction is crucial for Telstra and SingTel Optus to stay competitive even though it is likely to negatively impact their credit ratings, according to a financial analyst at Moody’s.
The 2.5GHz spectrum to be sold in the upcoming Digital Dividend auction will be critical to bolstering data capacity for 4G service in urban areas, according to the wireless industry and auction observers.
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