Phone plan prices will have to rise

Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 15 : 28-May-26

The Australian Communications and Media Authority announced last week that it would be charging TPG Telecom, Optus, Telstra and NBN Co a collective $7.3bn to renew their spectrum licences. Spectrum refers to the radio waves that carry phone calls, and TPG Telecom CEO Inaki Berroeta says ACMA’s decision means that it is inevitable that the cost of mobile phone plans will have to rise. Telstra has threatened to challenge ACMA’s decision in the Federal Court, and Berroeta says he has not ruled out the idea of legal action.

CORPORATES
AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY,{SPACE]TPG TELECOM LIMITED – ASX TPG,{SPACE]NBN CO LIMITED,{SPACE]SINGTEL OPTUS PTY LTD,{SPACE]TELSTRA GROUP LIMITED – ASX TLS

FREQUENCY SPECTRA – AUSTRALIA]

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