Media and internet company MVS Comunicaciones has announced a plan to roll out an LTE network through a consortium with US WiMAX provider Clearwire, chipmaker Intel and Alestra.
The network, which would potentially cover 55 million and operate in the…
Media and internet company MVS Comunicaciones has announced a plan to roll out an LTE network through a consortium with US WiMAX provider Clearwire, chipmaker Intel and Alestra.
The network, which would potentially cover 55 million and operate in the 2.5GHz band, would reportedly cost US$1bn.
The company is awaiting various regulatory approvals and guidelines to be set. If the project is approved, the consortium would reportedly make an initial investment of US$400m and then sell access to the network to third parties.
MVS said that Japan’s KDDI and South Korea’s KT and SK Telecom had also expressed interest in participating in the project, adding that other potential investors included BT, Comcast, Google and Vodafone.
But the head of MVS, Joaquin Vargas, was reported to have suggested that he had been waiting for government feedback on the proposal for some time.
MVS is reportedly looking to avoid losing its licence holdings of 190MHz in the 2.5GHz band. Cofetel, apparently not satisfied that the spectrum is being fully utilised, has decided not to renew certain regional licences belonging to MVS that expire between 2011 and 2018. It is also considering reauctioning the spectrum.
This follows a failed attempt between MVS and Clearwire to organise a WiMAX network in 2009.