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AAPT bids $66.2 million for 28/31 GHZ spectrum.



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MEDIA RELEASE

 

SENATOR THE HON RICHARD ALSTON

Minister for Communications, Information Technology and the Arts Deputy Leader of the Government in the Senate

 

AAPT BIDS $66.2 MILLION FOR 28/31 GHZ SPECTRUM

 

The Minister for Communications, Senator Richard Alston, today announced that AAPT had bid $66.2 million for spectrum in the 28 and 31 GigaHertz bands. The company won the auction in all 29 regions around Australia.

 

‘The auction of this spectrum demonstrated the Government’s intention to maximise opportunities for new players to enter Australia’s broad band telecommunications market,’ Senator Alston said.

 

‘The Government congratulates the Australian Communications Authority for its handling of the auction process.’

 

The 28 and 31 GHz spectrum is particularly suited to Local Multipoint Distribution Services (LMDS) - a broadband wireless service capable of providing local loop services, interactive video, high speed Internet, and a range of advanced multimedia applications.

 

AAPT has indicated it intends to use the spectrum to provide these services across Australia. This would provide a significant increase in the level of competition and benefits to consumers in the telecommunications market in both city and country areas.

 

The proceeds of this auction exceeded expectations by a considerable margin.

 

A table is attached setting out the final high bids for the 29 regions in the auction.

 

Media Contact:

Terry O’Connor, Minister’s office 02 6277 7480

Website www.richardalston.dca.gov.au

 

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18 February 1999

 

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