Tigo dominates 2.5GHz auction; Claro also snags spectrum

Tigo Guatemala successfully bid on the largest amount of 2.5GHz-2.6GHz spectrum in the frequency sale held by the Superintendence of Telecommunications (Superintendencia de Telecomunicaciones, SIT) on Friday 2 June. According to TeleSemana, the auction raised a total of USD48.947 million, of which 75% will be allocated towards connectivity projects. A total of 126MHz of spectrum went under the hammer, comprising frequencies in the 2500MHz-2550MHz and 2604MHz-2680MHz bands.

As per the report, Tigo paid a total of USD32.236 million to acquire the rights to the spectrum in Blocks B to H, while Tigo’s sole mobile rival, Claro Guatemala, paid USD16.711 million for the spectrum included in Blocks A and A´.