Optus has completed its purchase of the Vividwireless Group from Seven Group Holdings, gaining control of the 98MHz 4G spectrum in the 2.3GHz band across key population areas.

 

The acquisition means that Optus will soon have the highest capacity 4G network in Australia.

 

”The successful completion of the Vividwireless deal reinforces our commitment to being a leader in 4G and in providing Australians with a range of high speed mobile services. This is an important step in our vision to lead the industry in customer experience by delivering relevant content and applications anywhere, on any device,” Kevin Russell, CEO, Consumer Australia said.

 

Optus has received ACCC and FIRB approval for the acquisition and has been advised by the ACMA of its willingness to reissue key Vividwireless licences in accordance with the Radiocommunications (Spectrum Access Charges) Direction 2012.