
The bidders include the country’s main operators Claro (America Movil), Movistar (Telefonica) and Tigo (Millicom) plus a fourth company called Partners, described as a vehicle for UK-based investment fund Novator, which acquired Nextel Chile and rebranded the company as WOM back in 2015. According to the report, WOM made an unsuccessful attempt to acquire Avantel Colombia in 2016.
Mintic was due to hold the auction on 12 December but delayed it after revising the rules to include a reserve price, as requested by the operators, of COP 949 billion per 2x10MHz block and COP 475 billion per 2x5MHz in the 700MHz band, COP 228 billion per 2x2.5MHz block in the 1.9GHz band and COP 161 billion per 2x5MHz block in the 2.5GHz band.