TPG

Telstra, Optus and TPG Telecom were penalised for misleading internet customers about the actual speeds they could deliver using the country’s national broadband network (NBN), after admitting their actions breached consumer law.

Vodafone Hutchison Australia (VHA) initiated proceedings in the Federal Court seeking approval of its proposed merger with TPG Telecom, following through on a promise to take legal action after the Australian Competition and Consumer Commission (ACCC) blocked the tie-up.

Australia’s competition watchdog aired concerns a proposed AUD15 billion ($10.

An Australian multiband auction was unremarkable is most aspects, except for the action in the 3. 4GHz band – a 5G spectrum candidate – which accounted for 63 per cent of the AUD92.

Vodafone Hutchison Australia and fixed-line provider TPG Internet secured blocks of 700MHz spectrum auctioned by Australian regulator ACMA, which raised a total of AUD1. 5 billion ($824 million).

Singapore generated SDG1. 15 billion ($822 million) in a general spectrum auction of three frequency bands, with the country’s two largest operators – Singtel and StarHub – acquiring the lion’s share of the sale.

Singapore’s Infocomm Media Development Authority (IMDA) pre-qualified MyRepublic and TPG Telecom to participate in the planned new entrant spectrum auction next month, while airYotta didn’t make the cut.