The Australian Communications and Media Authority (ACMA) on Wednesday set the total market value for the renewal of expiring spectrum licenses at AU$7.32 billion, slightly lower than a preliminary estimate of AU$7.34 billion released in December 2025.

The licenses, held by Telstra Group (ASX:TLS), TPG Telecom (ASX:TPG), Optus, and NBN, support fixed wireless broadband and more than 30 million mobile services across Australia.

The updated pricing follows public consultation and refinements to ACMA's benchmarking methodology, including additional datasets. The first renewal application periods open on June 18 for the 850 megahertz and 1800 megahertz bands.

"The evidence shows mobile operators will see increasing revenue over the medium term, enabling continued investment in their networks in metropolitan, regional and rural areas," ACMA said.