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Wireless

Claro Chile acquires Movistar's 1.9GHz block for USD 20 mln

Wednesday 23 December 2020 | 11:46 CET | News
Claro Chile (American Movil) has acquired a 10MHz block in the 1.9GHz band put up for sale by Movistar (Telefonica) to comply with a Supreme Court ruling, reports Diario Financiero. The resulting tender saw Claro outbid rival Wom after offering around USD 20 million for the concession, said the report, adding that the operator intends to use the spectrum block to strengthen and optimise its voice and data transmission capacity in the coming months.

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Categories: Mobile & Wireless
Companies: America Movil / Claro Chile / Movistar Chile / Telefonica
Countries: Chile
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