Jamaica delays LTE sale

28 May 2013

Plans to auction spectrum in the 700MHz band for 4G LTE services have been delayed due to a lack of interest and concerns that the asking price may have been set too high. BNamericas cites local news reports as saying that the reserve prices for the two blocks of spectrum, USD40 million and USD45 million respectively, were set to be low enough to encourage multiple bidders, whilst securing a reasonable payment for the concessions. However, the Spectrum Management Authority (SMA) has postponed the tender, without setting a new deadline for the sale. Jamaica is home to just two wireless operators, LIME Jamaica and Digicel, following the latter’s controversial acquisition of America Movil’s Claro unit in late 2011.

Jamaica, Digicel (Jamaica), LIME Jamaica