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<p>With <a href="https://www.smartkarma.com/entities/323" target="_blank" data-smartkarma-citation="entities:323:1">TPG (TPM AU)</a> the surprise winner of the residual 700MHz spectrum auction in Australia, the game has changed somewhat in the Australian market. TPG is paying A$1.26bn for 2x10 MHz ($2.75/MHz/pop, more than double the reserve price, for a 10-year, 9-month license), a price point Optus seems to have balked at. Vodafone Hutchison Australia (VHA) picked up the smaller 2x5 MHz block for A$286m (at the reserve price of $1.25/MHz/pop). </p><p>TPG now holds 700MHz and 2.3GHz spectrum nationally, and…</p>

With TPG (TPM AU) the surprise winner of the residual 700MHz spectrum auction in Australia, the game has changed somewhat in the Australian market. TPG is paying A$1.26bn for 2x10 MHz ($2.75/MHz/pop, more than double the reserve price, for a 10-year, 9-month license), a price point Optus seems to have balked at. Vodafone Hutchison Australia (VHA) picked up the smaller 2x5 MHz block for A$286m (at the reserve price of $1.25/MHz/pop). TPG now holds 700MHz and 2.3GHz spectrum nationally, and…

SingTel: Optus Risk Grows as TPG Gains 700MHZ Spectrum in Australia