Ecuador’s telecoms regulator Conatel has approved the valuation of new mobile licences for Movistar and Porta. America Movil subsidiary Porta will pay USD480 for a new 15-year 3G concession, while Telefonica’s Movistar unit will pay USD220 million. ‘The operators will make an initial payment when they sign the contracts and will continue making payments during the 15 years of the concession,’ a Conatel spokesperson told BNamericas. The state will receive a total amount of USD6.32 billion over the 15 year licence period. The source said that this figure includes the value of the concession, payments for spectrum and national taxes. Both Porta and Movistar’s current mobile licences run out later this year; their new permits will begin automatically when the old licence expires.