Coop scoop: Comarcoop swoop for spectrum coup with Mexican group

15 Jul 2005

The president of Argentine telecoms cooperative association Fecotel has announced that its wireless start-up Comarcoop is willing to share the spectrum due to be returned to the regulator by Telefónica Móvile’s local unit Movistar. According to Adalberto Boccoli, when the 42MHz of spectrum is finally returned, the new venture plans to use only what it needs to launch services, leaving the remaining spare frequency available to CTI Móvil, the Argentine division of Mexico’s América Movil. CTI has recently asked for permission to use 10MHz in the 850MHz band to improve the quality of its services. The president also hinted at a possible partnership with CTI to help fund the rollout of Comarcoop’s services nationwide. The new venture has estimated that it needs USD100 million in investment just to cover the country’s four largest cities.

Argentina, Claro Argentina, Comarcoop