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Optus plans Australian TDD-LTE network
20 June 2012
Acquisition of Vividwireless gives Optus spectrum for roll out of TDD-LTE network in Australia
Australian operator Optus is planning to construct an Australian TDD-LTE network using spectrum acquired in its $233 million purchase of Vividwireless from media company Seven Group Holdings.
The deal gives Optus, owned by Singapore Telecom, the rights to 98 megahertz of spectrum in the 2.3 gigahertz band, which it will use to launch TDD data services.
Under the terms of the acquisition, Optus has paid $173 million in cash, and will pay the remaining $61 million on the re-issue of Vividwireless’s licence, according to a report in The Australian.
Kevin Russell, Optus consumer chief executive, said: “The successful completion of the Vividwireless deal reinforces our commitment to being a leader in 4G and in providing Australians with a range of high speed mobile services. This is an important step in our vision to lead the industry in customer experience by delivering relevant content and applications anywhere, on any device.”
Optus will set up two major TDD testing facilities next year as part of its national deployment to provide download speeds between 25 megabits a second to 87 megabits a second. GTB
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