Conroy's 4G spectrum rip-off?

The hefty reserve price for 700 MHz spectrum has Optus barking mad and the resultant brinkmanship bodes ill for our 4G future.

Stephen Conroy’s directive on 4G spectrum pricing has sparked a fierce response from Optus, with the nation’s second largest mobile operator threatening to walk out of the auction scheduled for April 2013.

The communications minister’s decision to set a reserve price of $3 billion for the 700 MHz spectrum, with the $1.36 per MHz per population price (POP), may have surprised Optus but the entire scenario is actually playing to a script.

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