Megacable seeking MXN120m for return of 2.5GHz spectrum

3 Jun 2014

Mexican cableco Megacable has reportedly called on local telecoms regulator the Instituto Federal de Telecomunicaciones (Ifetel) to pay it MXN120 million (USD9.17 million) to return its unused spectrum in the 2.5GHz band.

With Megacable having said it was seeking ‘just compensation’ in return for surrendering a portion of the spectrum it holds in the 2.5GHz band last November, CommsUpdate reported the previous month that Mexico’s government had agreed to a deal with the majority of companies holding frequencies in the aforementioned band under which it would recover a significant portion of such spectrum. At that time it was said that nine of the eleven licence holders – excluding Megacable – had voluntarily given up at least a portion of their spectrum holdings, while the Secretario de Comunicaciones y Transportes (SCT) was said to have confirmed that the concessions for the remaining 60MHz of spectrum that was not being returned had been extended for 15 years.

Now, Mexican news source El Economista has cited Megacable CEO Enrique Yamuni as saying his company is interested in returning the spectrum, subject to reaching an agreement with the state over its value, with financial appraisals of the frequency holdings said to have gotten underway by both the cableco itself and the Institute of Administration and Estimates of National Heritage (INDAABIN).

Mexico, Instituto Federal de Telecomunicaciones (IFT), Megacable