MinTIC goals to award spectrum within the within the 700 MHz, 1.9 GHz, AWS, 2.5 GHz and three.5 GHz bands
Colombia’s ICT ministry MinTIC approved Claro, WOM, Tigo and Movistar to take part in an upcoming spectrum public sale by which the previous will award 5G frequencies.
With the public sale, which is able to happen on December 20, the federal government of Colombia goals to lift as much as $500 million.
“After analyzing the proposals offered and compliance with the established circumstances, the ICT Ministry confirms that the 4 operators enthusiastic about collaborating within the public sale had been approved to take part within the allocation course of,” MinTIC stated in a launch.
Tigo and Movistar beforehand confirmed they’ve fashioned a three way partnership (JV) as a way to take part within the spectrum public sale. The JV will likely be legitimate for a interval of twenty-two years, counted from the date of the eventual granting of the spectrum use allow. Tigo and Movistar stated they “will proceed to behave as unbiased market brokers and there will likely be no restrictions to proceed competing with one another.”
MinTIC goals to award spectrum within the within the 700 MHz, 1.9 GHz, AWS, 2.5 GHz and three.5 GHz bands.
Within the case of the 700 MHz band, a 10-megahertz block will likely be auctioned with a reserve worth of COP 511.7 billion ($125.3 million).
For the frequencies within the 1.9 GHz band, MinTIC stated that the reserve worth is COP295.5 billion.
Within the AWS band, three blocks of 10 megahertz will likely be auctioned for a reserve worth of COP295.5 billion, whereas the method may also embody three blocks of 10 megahertz within the 2.5 GHz band, with a reserve worth of COP 156.8 billion every.
In the meantime, for the three.5 GHz band the federal government will public sale 4 blocks, every of 80 megahertz, with a reserve worth of COP317.71 billion.
Moreover, 8 blocks of 10 megahertz will likely be provided within the 3.5 GHz band for the winners of the 60 MHz blocks, in order that they’ll complement the spectrum for the availability of 5G, MinTIC stated.
In August, MinTIC had revealed the primary draft of the method, with the technical and authorized facets of the spectrum public sale and the mechanisms of the public sale.
Native operators Movistar and Tigo have already carried out 5G trials within the nation.
5G subscribers in Colombia are forecast to achieve 37.8 million by 2030, up in comparison with 2.9 million in 2025, in response to a latest report by telecom affiliation GSMA.
The report confirmed that 5G penetration by 2025 is anticipated to achieve 4% whereas it could broaden to 43% by 2030.
GSMA additionally famous that 5G networks will cowl 68% of the nation’s inhabitants by 2030, up from 30% in 2025.
5G is forecast to achieve 57% of the full cellular connections in Latin America in 2030, up from a present penetration of round 2%, in response to a latest report by telecom affiliation GSMA.
