Mexico’s telecoms regulator, the Comision Federal de Telecomunicaciones (Cofetel), has revealed that it aims to complete two auctions of wireless spectrum prior to the end of June 2010, Dow Jones Newswires reports. Having released the bidding rules for the upcoming sale process Cofetel announced that it would declare the winners of the auction within 30 days of the final date for submitting bids, which has been set as 25 May. Those companies interested in bidding for frequencies must first be approved by the Federal Competition Commission.
As previously reported by CommsUpdate, the regulator will make available nine blocks of spectrum in the 1850MHz-1990MHz band in eight of the country’s nine mobile operating regions, while a further seven blocks between 1710MHz and 2179MHz will be offered in all nine regions in a separate auction. Speaking of the likely impact of the spectrum sale, Cofetel noted: ‘The auctions will provide for the entrance of new competitors in the mobile telecommunications markets and promote the growth of existing operators.’