Telstra to invest $5 billion into its mobile network

Telstra is set to invest over $5 billion into their mobile network between now and June 2017.

It intends to expand its 4G footprint to 99% of the Australian population and deploy the next generation of 4G technology including peak network download speeds of up to 600mbps (75Mbps).

The mobile arm of Telstra accounted for 41% of total revenue in 2014/15 and this largely due to the large increase of mobile phone users in the past decade.

Telstra’s dominance is under significant pressure from competitors Optus and Vodafone and with TPG’s latest billion dollar dark fibre deal with Vodafone, it is only going to get more heated.

In recent years, Singtel backed Optus has bought back franchises, decreased price and increased the data allowances for mobile users and as a result has successfully increased its customer base.

Previous tests made comparing the 4G and 3G networks in Australian cities have shown that Vodafones 4G network has the fastest performance.

Time will tell what the future holds but the competition will only help Australian mobile phone users.

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