Optus has secured greater low-band spectrum capacity to TPG Telecom and nearly caught up to Telstra after it splurged $1.5 billion on licence slots key to its regional 5G ambitions from the government.
Optus won 12 of the 16 slots and Telstra got the remaining four slots, paying $615,000. Quentin Jones
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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com