Colombia reveals four bidders for 5G spectrum

Colombia reveals four bidders for 5G spectrum

Colombia’s telecoms regulator confirmed four operators will compete at auction for 5G spectrum. 

The communications ministry (MinTic) revealed participating at auction will be Claro, WOM, Movistar and Tigo partnership Union Temporal Colombia Movil-Telefonica, and Brazil-based provider Telecall Colombia. 

Movistar and Tigo have joined forces to share infrastructure in a move seemingly to keep costs down. 

The Colombian government is aiming to raise around half a billion dollars from the auction which will take place on December 20. Neighbouring Latin American nations have already conducted trials and auctions with commercial services already seen in Argentina and Mexico. 

Up for auction in Colombia is 700MHz, 1900MHz, 2,500MHz and 3,500MHz. Other spectrum between from 1,700MHz to 2,100MHz which is suited for Advanced Wireless Services will also be up for grabs.

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