Millicom-owned Tigo and America Movil subsidiary Claro have acquired the two paired blocks Honduras put up for sale in the 1.7 GHz and 2.1 GHz bands.
Together the operators paid L497.5m (US$24m) for the LTE-suitable AWS licences, local newspaper El…
Millicom-owned Tigo and America Movil subsidiary Claro have acquired the two paired blocks Honduras put up for sale in the 1.7 GHz and 2.1 GHz bands.
Together the operators paid L497.5m (US$24m) for the LTE-suitable AWS licences, local newspaper El Heraldo reported.
Claro won frequencies in the 1730-1750 MHz and 2130-2150 MHz bands, while Tigo secured airwaves in 1710-1780 MHz and 2250-2280 MHz.
Tigo and Claro will be required to launch 4G services within the next 18 months.
A third paired block was allocated to state-owned operator Hondutel, which the government is looking to privatise.
Hondutel accounted for a less than 2% mobile market share in Q4 2012, with Tigo and Claro dominating the market, according to data from Signals.