Argentina spectrum bids total USD2.23bn; 13% above floor price

3 Nov 2014

Authorities in Argentina have confirmed that they received bids totalling USD2.23 billion in Friday’s auction of 3G and 4G wireless spectrum, a 13% premium on the floor price of USD1.97 billion. Mobile operators Claro Argentina, Telecom Personal and Telefonica Moviles (Movistar) all participated in the tender, alongside media conglomerate Arlink (Grupo Uno); the winning bidders are expected to be announced in mid-November.

As previously reported by TeleGeography’s CommsUpdate, the Secretaria de Comunicaciones (SeCom) offered up national 4G LTE spectrum in the 700MHz and 1700MHz/2100MHz (AWS) frequency bands, as well as surplus regional 3G spectrum in the 850MHz (SRMC) and 1900MHz (PCS) ranges. Winning bidders of the 4G spectrum will be required to provide coverage of all localities with more than 500 inhabitants (around 98% of the population) within five years, with the licences valid for a period of 15 years. The 3G licences have been divided up into three geographic areas: North, South and Buenos Aires metropolitan area.