Spanish incumbent Telefonica has been confirmed as the highest bidder in the Mexican government’s auctions for spectrum in the 1900Mhz spectrum band.
Telefonica, Lusacell and a JV between NII Holdings and local media giant Grupo Televisa submitted bids…
Spanish incumbent Telefonica has been confirmed as the highest bidder in the Mexican government’s auctions for spectrum in the 1900Mhz spectrum band.
Telefonica, Lusacell and a JV between NII Holdings and local media giant Grupo Televisa submitted bids in the auction process, Cofotel, the Mexican telecoms regulator announced. Cofotel will now take 30 days to review the auction and officially declare the winners.
Telefonica bid Ps2.76bn (US$213m) for 30Mhz of spectrum in the Mexico City area, the highest amount of any bidders for the capital’s airwaves, while it also committed a further Ps100m (US$7.76m) for additional frequencies in other areas of the country.
