Second 4G sale planned in Peru

28 Aug 2013

The government of Peru is planning a new auction of 4G wireless spectrum before the end of this year, with the frequencies to be awarded in the first half of 2014, Telesemana reports citing Chilean newspaper Diario Financiero. Details of the spectrum to be offered in the auction have not yet been made public. Last month the Agency for Promotion of Private Investment (ProInversion) completed the sale of two 20-year, 40MHz (2×20MHz) spectrum licences in the 1700MHz and 2100MHz paired bands (also known as Advanced Wireless Services [AWS] spectrum) for 4G services. Movistar was awarded the ‘A’ block of 1700MHz/2100MHz frequencies for USD152.23 million – more than double the USD63.4 million reserve price – whilst Americatel Peru, the Peruvian arm of Chile’s Entel, won the ‘B’ block of AWS spectrum with a bid of USD105.51 million.