Four bidders approved for Colombia 5G auction
05/12/2023 14:02
BOGOTA, Dec 5 (Reuters) - Four operators have been
approved to participate in Colombia's auction to offer
fifth-generation (5G) cellular data services, the communications
ministry said.
Among those approved are the operators of Claro AMXB.MX
and WOM, as well as Union Temporal Colombia Movil-Telefonica, a
partnership between the operators of Movistar TEF.MC and Tigo
MICC.F , the ministry said in a statement late on Monday.
Telecall Colombia S.A.S., the fourth approved bidder, is a
Brazilian telecoms coming looking to enter the Colombian market.
The government expects to raise about $500 million via the
Dec. 20 auction and join regional neighbors like Argentina and
Mexico, where 5G is already available.
The frequencies up for auction include 700 megahertz (MHz),
1900 MHz, 2500 MHz and 3500 MHz, as well as others in the
extended AWS band of frequencies, which range from 1,700 MHz to
2,100 MHz, the government has said.
(Reporting by Luis Jaime Acosta; Writing by Julia Symmes Cobb;
Editing by Mark Porter)
((julia.cobb@thomsonreuters.com; +57-316-389-7187;))