Singapore Telecommunications Limited (ASX:SGT)
Singtel owned Optus will roll out Australia’s first multi-band 4G network in the next year.
Optus says it will trial the 4G product with customers in Canberra initially.
The company says its aim is to expand coverage of 4G in the coming year to 70 per cent of the metro population by mid-2014.
As part of the roll out, Optus says it will establish many new mobile sites and upgrades across metro locations.
Optus says its 4G mobile broadband modems will be available from early June.
Singtel generated a net profit of $2.7 billion for fiscal 2013.