Peru’s Ministry of Transport and Communications (MTC) has awarded Russian WiMAX operator Yota a concession to operate telephony and internet services throughout the country, writes BNamericas citing state news service Andina. With the spectrum, Yota del Peru will be able to launch internet and telephony services. According to the report, the 2668MHz-2692MHz band will be used to provide WiMAX services in the provinces of Lima, Callao and Trujillo, while the 2668MHz-2690MHz band will be used for the rest of the country.
Yota was the only prequalified company in the process and presented an offer of USD3.9 million. A spokesperson at Peru’s state agency for promoting private investment, ProInversion, told BNamericas that the MTC and Yota signed the formal contract on 20 January. The concession was originally awarded in August last year. Under the contract, Yota is expected to deploy 9,000 internet connections during the first year of operations and 60,000 by the fifth year of the concession. The company said it estimates that total investment during the first five years of concession will reach USD100 million.