Panama confirms AWS spectrum sale plans

3 May 2022

Panama’s Cabinet Council, which is headed by the President of the Republic, Laurentino Cortizo Cohen, has approved the allocation of additional spectrum in the AWS band for mobile broadband use. As per Cabinet Resolution 41-22 (dated 12 April 2022) the National Public Services Authority (Autoridad Nacional de los Servicios Publicos, ASEP) has set the price at PAB1,214,287 (USD1,214,287) per MHz. With a total of 120MHz of spectrum up for grabs, the frequency sale could generate up to USD145.68 million. (Note: 25% of the funds generated will be used to support the government’s Universal Access programmes.)

Tigo Panama has already declared its intention to acquire new AWS frequencies. Speaking during the group’s 1Q22 earnings call, Millicom CEO Mauricio Ramos commented: ‘The government of Panama has released really reasonable prices [for] AWS spectrum, which we’ll be picking up. I think we’re in the process of buying it and acquiring it … Panama has historically had a really good spectrum policy, which is parity of spectrum for everybody. And we think that is a really, really good spectrum policy going forward. Predetermined prices, reasonable prices, spectrum parity, so quite frankly that’s a good setup.’