TPG Telecom announced that it has secured holdings in all available licence areas in the 26 GHz (millimetre wave) band auction for $108.2 million. Through its wholly owned subsidiary, Mobile JV Pty Ltd, the company has acquired 400 MHz millimetre wave 5G spectrum licences for Sydney, Melbourne and Perth, and 600 MHz licenses for Brisbane and all other metropolitan and regional areas. The acquisition, which has resulted in a tripling of TPG Telecom's total spectrum holdings, will provide significantly increased capacity to deliver 5G fixed wireless services and super-fast 5G mobile services.