Regulator nullifies results of GSM auction

8 Mar 2006

Brazilian telecoms regulator Anatel has nullified its auction of GSM licences after the sole bidder, local phone company Unicel, was disqualified for not depositing the requisite 10% guarantee with its bid for the 15-year São Paulo licence. The spectrum on offer covered the states of Alagoas, Ceará, Paraíba, Pernambuco, Piauí, Rio Grande do Norte and São Paulo. Unicel plans to appeal the decision.

Brazil