Austar sells spectrum in exchange for wholesale access

7 Jan 2008

Pay-TV group Austar says it will sell its 2.3GHz and 3.5GHz spectrum licences to OPEL, the joint venture between Optus and Elders, for AUD65 million (USD48 million). OPEL – currently deploying a 12Mbps broadband network that will cover 99% of the population by 2009 – plans to use the new frequencies for the rollout of a WiMAX network. Under the terms of the deal, Austar will expand its relationship with Optus Wholesale to market broadband, voice and mobile services to all homes in Austar areas, not just those with existing television subscriptions. The company expects these services to be launched late this year. ‘With access to wholesale products from Optus and Opel once it starts operations, we believe we are even better placed than we would be if we were to build a network ourselves,’ Austar CEO John Porter said.

Australia, Austar Broadband, Optus