MEXICO CITY, Nov 23 (mexico.vg) – Mexico published on Monday terms for its long-awaited frequency auctions on hopes of boosting competition and providing wireless phone services to more people.
Mexico’s telecommunications watchdog Cofetel said it will auction nine blocks of frequencies, ranging from 1850 to 1990 MHz, including frequencies covering the coveted Mexico City area.
Cofetel also foresees auctioning seven blocks of frequencies within the 1710 to 2170 MHz range covering all of the Mexican territory. (Reporting by Cyntia Barrera Diaz, editing by Gerald E. McCormick) ((cyntia.barrera@thomsonreuters.com: +52 55 5282 7153
Cofetel said it will also offer in a separate auction seven blocks of spectrum between 1710MHz and 2170MHz in all nine operating regions, which could give auction winners a nationwide presence with spectrum capable of supporting third-generation wireless services such as high-speed Internet.
Cofetel said it will offer sufficient bandwidth to allow existing operators to meet their spectrum needs as well as open the door to new investors.