At the start of 2007, over 5000 WCDMA (850 MHz) base stations had been authorised under Australian spectrum licensing during the previous 3 months using an online process. Justin Milne the Group Managing Director of Telstra BigPond said on 20 March 2007 "Just a few months ago we launched our Next G™ wireless network (WCDMA 850MHz), which is the biggest and fastest mobile 3G network in the world, providing high-speed wireless broadband access to 98% of Australia's population. Because this network is not regulated we've been able to build it in record time and we can sell it at a price determined by the market to recoup our investment over time."
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