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Wireless

Mexico raises MXN 44 bln in 2.5 GHz auction; Telefonica, AT&T winners

Tuesday 7 August 2018 | 13:51 CET | News
Mexico's telecommunications regulator IFT said it awarded 120 MHz of spectrum in the 2.5 GHz band for use in LTE and 5G services to AT&T and Movistar (Telefonica), the only two participants in the auction. The 20-year licences, sold in six blocks, are expected to generate a total of MXN 44.4 billion for the Mexican state over their lifetime, IFT said in as statement.

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Categories: Mobile & Wireless
Companies: AT&T / Movistar / Telefonica
Countries: Mexico
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