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LatAm: Oi drops out of 700 MHz Brazilian auction

LatAm: Oi drops out of 700 MHz Brazilian auction

Posted by Laura Zúñiga on September 25, 2014

In the wake of Telefónica’s acquisition of GVT in Brazil, mobile operator Oi said that it won’t bid in the country’s upcoming 700 MHz frequency band auction. Brazilian carriers had until Sept. 23 to present their proposals for the auction which will open on Sept. 30.

The 700 MHz band will be used for LTE services in Brazil, in addition to the 2.5 GHz band, which was auctioned in 2012. Algar Telecom, Claro, Vivo and TIM have all delivered proposals for the 700 MHz auction to the telecom agency Anatel.

The absence of Oi has lead to more merger speculation since Oi has already disclosed plans to buy rival TIM Brasil even though it does not have enough cash to make the acquisition alone. The total of amount of Brazil’s auction should be less than expected without Oi’s participation.

Argentina’s spectrum auction: On Oct. 31, Argentina will auction the AWS (1700/2100 MHz) and the 700 MHz band for LTE services as well as remaining spectrum in the 1900 MHz for 3G. The broadband supplier Arlink and three major carriers―Movistar, Claro and Personal― all submitted applications to take part in the process.

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