Venezuela Seeks New Mobile Players In Major Spectrum Auction

Venezuela Seeks New Mobile Players In Major Spectrum Auction

The Government of Venezuela is looking for new players to provide mobile broadband services in the country, according to a news release from the local telecoms regulator Conatel.

The government issued a second call for tender several blocks of mobile spectrum and to boost access to mobile services, where concessions are valid for up to 15 years.

The auction will include a block of 40MHz and one 20MHz in 2.5GHz band, which will cost 900,000 bolivars (US$ 143,000) per MHz for each award year, especially for companies that already have a license for mobile service in Venezuela.

A 20MHz block in the 2.5GHz band with a cost of 720,000 bolívares per MHz for each year of concession for companies which don’t currently have a mobile license in the country, and 900,000 bolívares per MHz for each year of concession for companies which do have a mobile license will be included in the auction as well.

In addition, a 40MHz block in the 2.5GHz band will be tendered for companies which don’t currently have a license, at a cost of 720,000 bolívares per MHz for each year of concession.

The government will also tender two blocks of 20MHz spectrum in the AWS band at a price of 1.9mn bolivars per MHz for every award year for each.

Interested companies must submit the necessary documentation to Conatel on January 21, 2014, the release said.

On the other hand, the number of mobile broadband subscribers in Venezuela reached 1.17 million at the end of the third quarter, but the increase in mobile broadband has been stagnated in recent months. The local press indicates that limited access to foreign currency is causing difficulties to import telecommunications equipment and mobile devices to official exchange rate in dollars.

Today, the country faces a number of macroeconomic challenges, including high inflation, low growth, shortages of essential goods and a wide gap between the official exchange rate and the black market.

 

 

Source: BNamericas
Photo Credit: Omniversus

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