Singtel’s Optus acquires regional licences to expand 5G offerings in Australia

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Singtel’s Optus said on Monday that it acquired new regional licences in the 3.6 GHz spectrum band, which will let it expand its 5G telecommunications services across Australia.

Optus won 47 regional lots for a total of around A$185.1 million in North and Central Queensland, South East Queensland/Northern New South Wales, regional Victoria and South Australia, Tasmania and Southern/Western NSW, it said in a filing to SGX before the market open.

The telco already held 5G spectrum in metropolitan areas, it said.

Dennis Wong, Optus Networks managing director, said that the company was aiming to expand its premium network.

“We are committed to commercially launching fixed wireless access services early in 2019 and we can now extend these services to Regional Australia,” Wong said.

Optus has delivered live trials of its 5G expansion, with test environments including a showcase during the 2018 Gold Coast Commonwealth Games, with speeds of 16 Gbps reached, it said.

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