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$600m ultra-fast 5G spectrum auction not about replacing NBN: Penn

Lucas Baird

Telstra boss Andy Penn has again downplayed the ability of 5G technology to prove a viable competitor to the national broadband network and free the telecoms sector from that squeeze on its margins.

Low bands are suitable for rolling out enhanced mobile services such as 5G over large land masses. Bloomberg

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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

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    Original URL: https://www.afr.com/companies/telecommunications/telcos-splurge-upwards-of-600m-on-ultra-fast-5g-spectrum-20210423-p57lqi