Austar Sells WiMAX Spectrum To OPEL

8 Jan 2008

Austar has announced that it has decided to sell its entire WiMAX regional wireless broadband spectrum to the Optus-led OPEL consortium for AUD65 million (USD57.1 million), allowing it to focus its attention on its core regional pay-TV operations. In a statement Austar said selling the frequencies to OPEL would give regional Australia a ‘brighter broadband future’ by allowing the rollout of a WiMAX network which can keep pace with the developments in international standards. ‘The OPEL network will ensure that regional Australians have access to a broad range of the world’s best broadband access technologies,’ Austar said in a statement.

Australia, Austar Broadband, Optus