America Movil (AM) has announced that its mobile subsidiary Radiomovil Dipsa (Telcel), has entered into an agreement with Mexican media conglomerate Grupo MVS to indirectly acquire approximately 60MHz of spectrum in the 2.5GHz band, covering an unspecified number of regions across the country. The agreement is subject to certain corporate and regulatory conditions, including the prior approval from the Federal Telecommunications Institute (Instituto Federal de Telecomunicaciones, IFT).
Among its other interests, Grupo MVS currently owns a 51% stake in satellite TV operator DISH Mexico. The frequencies in question, however, were previously used for a now-defunct fixed wireless access (FWA) network which was operated between 2006 and 2011. According to unconfirmed media reports the concession is due to expire on 31 December 2016, suggesting that Telcel has struck a pre-emptive deal before the frequencies revert to the regulatory authorities.