Optus buys Vividwireless for its spectrum

February 20, 12 by David Goldstein

Optus has agreed to purchase Vividwireless from Seven Group Holdings for $230 million, giving the company more spectrum to put it in a better position for the launch of long-term evolution (LTE) “4G” services later this year.

Through the sale, Optus will pick up 98MHz of spectrum in the 2.3GHz spectrum band that Vividwireless currently uses for WiMax and time-division duplex LTE (TD-LTE) networks. The company said that this will be incorporated into its own 4G network, which will run on the 1800MHz spectrum band to be launched in April, even though this network has been built using frequency-division duplex (FDD) technology.

To read this ZDNet report in full, see: www.zdnet.com.au/optus-buys-vividwireless-for-its-spectrum-339332042.htm

  • Date Monday, 20 Feb 12 at 9:40 am
  • Under Wireless news
  • You can follow any responses to this entry through the RSS 2.0 feed .
  • Both comments and pings are currently closed .

Comments are closed.