In doing so, Optus will gain 98MHz of spectrum in the 2.3GHz band, which is suitable for 4G services. The company intends to use it for a 4G LTE-TDD network that will deliver typical download speeds of 25 to 87 Mbps - "twice as fast as existing competitive services" according to Optus officials.
It will be integrated with the Optus 1800MHz 4G network, which is scheduled for launch in Newcastle and the Hunter region (NSW) in April 2012.
Vividwireless currently operates a WiMax network, and trades under the vividwireless and unwired brands. ALthough Optus is acquiring the company lock, stock and barrel, its plans for these services was not clear from the announcement.
The government recently offered Vividwireless, along with Telstra, Optus and Vodafone, a spectrum licence renewal at set prices. The acquisition by Optus is subject to the renewal of Vividwireless's 2.3GHz licence, among other conditions.