WOM secures 700MHz spectrum with USD82m bid

9 Feb 2021

Chile’s Department of Telecommunications (Subsecretaria de Telecomunicaciones, Subtel) has named WOM as the winner of the auction for 20MHz of spectrum in the 700MHz band, with an economic offer amounting to around CLP60.8 billion (USD82.4 million). The cellco saw off competition from would-be market entrant Borealnet, having tied with the company at the previous stage of the competition. As previously reported by TeleGeography’s CommsUpdate, the regulator began tender processes for the award of spectrum in the 700MHz, AWS, 3500MHz and 26GHz ranges for 5G services last year, and in January 2021 announced that it had received interest in the airwaves from a total of five companies. For the 26GHz range, there was sufficient spectrum to meet the requests of the three companies that had submitted offers, but for each of the other three bands there were more offers than available concessions. With the initial technical submissions scoring too closely to declare a winner, the tenders have proceeded to a tiebreaker phase. Auctions for the AWS and 3500MHz bands will be held on 11 February and 16 February, respectively.