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Wireless

Claro and Altice pay USD 74 mln for Dominican 5G spectrum

Wednesday 13 October 2021 | 11:27 CET | News
The Dominican Institute of Telecommunications (Indotel) announced that local operators Altice Dominicana and Claro Dominicana were awarded 5G spectrum after bidding a total of USD 73.7 million for their concessions. Specifically, Claro (America Movil) agreed to pay USD 53.1 million while for a 70MHz in block in the 3.3-3.4 MHz band, the 20-year concession amounting to USD 2.7 million a year, while Altice will shell out USD 20.6 million, or USD 1.4 million a year over 14 years, for 70MHz in the 3.4-3.6 MHz band.

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Categories: Mobile & Wireless
Companies: Altice Dominicana / America Movil / Claro / Indotel / Viva
Countries: Dominican Republic
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