$43 million Paid for Mobile Frequencies

In the tender for 70 MHz of frequencies for telephone and mobile telephone and Internet services in Costa Rica, Claro paid $19 million for three blocks of frequencies and Movistar $24 million for four blocks.

Wednesday, July 19, 2017

In the against the clock auction, in a single round, the Telecommunications Superintendence (Sutel) sold the 70 MHz that had been left idle since the first radio spectrum contest was held in 2011.

Nacion.com reports that "...The auction ended with the following distributions: Claro paid $19 million for two blocks in the 1,800 MHz band and another in the 2,100 MHz band. Movistar paid $24 million for another two blocks also in the 1,800 MHz band and two remaining blocks in the 2,100 MHz band. The telephone companies did not exceed the base price set by the Sutel of $43 million for the seven blocks sold in the auction."

"... The auction was based on base prices of $7 million for four blocks and $5 million for the other three."

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