A consultation paper regarding plans for the sale of 30MHz of unsold 700MHz spectrum has been launched by the Australian Communications and Media Authority (ACMA). With a view to conducting the sale process in the second quarter of 2017, the ACMA is consulting on draft allocation instruments, which describe the product being offered and the rules and procedures that will govern the auction process. As such, the consultation paper released by the regulator sets out information on: how the ACMA proposes to configure the spectrum for auction; how the auction will operate; and how companies can participate in the sale process. Interested parties have until 17 November 2016 to make submissions to the consultation.
Commenting on the matter, the ACMA’s acting chairman Richard Bean was cited as saying: ‘700MHz band spectrum is highly valued for 4G LTE mobile broadband … The 700MHz band unsold lots are available under spectrum licences which will be attractive to any participant interested in offering nationwide mobile broadband services.’