Local telcos Movilnet and Telefonica’s Movistar, as well as potential new entrants Multiphone Venezuela and DirecTV’s Galaxy Entertainment have prequalified to take part in Venezuela’s upcoming 4G spectrum auction.
National regulator Conatel said…
Local telcos Movilnet and Telefonica’s Movistar, as well as potential new entrants Multiphone Venezuela and DirecTV’s Galaxy Entertainment have prequalified to take part in Venezuela’s upcoming 4G spectrum auction.
National regulator Conatel said that Movilnet, a subsidiary of state-backed Cantv, and Movistar will bid for frequencies in the 1,710 MHz-2,170 MHz band. Movistar will also bid for spectrum in the 2,500MHz-2,690MHz band, along with Multiphone and Galaxy Entertainment.
The regulator, which is in the process of carrying out a technical review of each bid, is expected to allocate the spectrum within 10 working days.
Licences will be valid for up to 15 years.
At the end of August, Conatel restarted the 4G tender process which had been suspended in January.
Besides Movilnet and Movistar, Telvenco’s Digitel GSM also provides mobile services in the country at present.
