Australia Concludes Spectrum Auction Leaving Unsold Blocks

Three Australian firms secured spectrum in the country’s recent 4G auction, generating revenues of nearly A$2bn ($2.06bn) for the Australian government. However, 2x15MHz of 700MHz spectrum remained unsold. According to Stefan Zehle, CEO at Coleago Consulting, this is because Vodafone Hutchison Australia (VHA) decided not to bid due to the extremely high reserve prices set by the Australian Communications and Media Authority (ACMA).

Source: telecoms.com