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TMCNet:  Doubts over windfall from digital spectrum

[February 20, 2013]

Doubts over windfall from digital spectrum

Feb 20, 2013 (The Australian - ABIX via COMTEX) -- The Australian Government could raise up to $A3 billion from its upcoming auction of wireless spectrum. This is despite only Telstra and Singtel Optus being expected to take part. However, the Government's forecasts could be in doubt, following the outcome of a similar auction in the UK. The British Government had hoped the auction would raise Stg3.5 billion, but it only achieved Stg2.34 billion ($A3.5 billion).



Publication Date: 21 February 2013 TELSTRA CORPORATION LIMITED - ASX TLS SINGTEL OPTUS PTY LTD SINGAPORE TELECOMMUNICATIONS LIMITED - ASX SGT VODAFONE HUTCHISON AUSTRALIA PTY LTD AUSTRALIA. DEPT OF BROADBAND, COMMUNICATIONS AND THE DIGITAL ECONOMY LABOUR PARTY (GREAT BRITAIN)

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