Operators could have 30 days to pay for the spectrum
Mexico telecoms regulator IFT confirmed that as a part of a just lately accomplished spectrum public sale, native cellular operator Telcel, owned by America Movil, can pay 2.1 billion pesos ($118 million) for cellular spectrum within the AWS-1 and AWS-three (1.7/2.1 GHz) bands. The regulator additionally stated AT&T should pay 1.03 billion pesos for its lately acquired spectrum.
Telcel obtained six blocks of 5-megahertz spectrum licenses, with 4 of the blocks within the AWS-three band and different two blocks within the AWS-1 band. In the meantime, AT&T acquired two blocks of spectrum within the AWS-1 band. IFT stated sure blocks of spectrum within the AWS-three band weren’t assigned through the public sale.
The regulator additionally stated profitable operators have 30 days to pay for the lately obtained licenses.
Regulator OKs Telecom Italia’s Argentine operation sale
In different Latin America information, Argentina telecom regulator Enacom authorised the sale of Telecom Italia’s controlling stake in native operator Telecom Argentina to funding firm Fintech.
In November 2013, Telecom Italia agreed to promote its sixty eight% stake in Sofora, Telecom Argentina’s holding firm, to funding agency Fintech for $960 million. Nevertheless, the operation had not been concluded as a result of regulatory objections made in the course of the earlier authorities of President Cristina Fernandez de Kirchner.
In October 2015, the earlier telecom regulator blocked the acquisition, arguing Fintech lacked the technical expertise to handle a telecom agency.
Enacom additionally permitted native media big Grupo Clarin’s $178 million buy of Nextel Argentina from NII Holdings. In September 2015, Grupo Clarin acquired forty nine% of Nextel Argentina and a name choice for the remaining fifty one% of the fairness. In January 2016, Grupo Clarin stated it had accomplished the acquisition by way of its cable TV unit Cablevision.