Vodafone invests $7.2 million in mobile spectrum

New holdings to further boost network for customers

STATEMENT FROM VODAFONE CHIEF STRATEGY OFFICER DAN LLOYD

We are pleased to have acquired three lots of spectrum for a total of $7.2 million at the recent omnibus spectrum auction. The additional lots in the 1800 MHz and 2100 MHz bands will help us to further boost our network for Vodafone customers.

We secured 2 x 10 MHz of spectrum in the 2100 MHz band in Hobart and Darwin for $4.55 million and $2.45 million respectively. We faced tough competition in both of these lots, but it’s a worthy investment which will enable us to boost network capacity and performance in Darwin and Hobart.

We also acquired 2 x 5 MHz of spectrum in the 1800 MHz band in regional Western Australia for $235,000 to complement our existing holdings.