Original article by Supratim Adhikari
The Australian – Page: 17 & 28 : 11-Dec-18

The federal government has raised a total of $853m from an auction of 5G spectrum, including $700m for regional spectrum. The reserve price was $185m for the 350 lots of 125MHz of spectrum on offer, and telcos paid an average price of $0.29 per megahertz per population. Telstra has paid $386m for 143 lots of spectrum and the joint venture between TPG Telecom and Vodafone has paid $263m for 131 lots. Telstra CEO Andy Penn says the telco is "very pleased" with the outcome of the auction.

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