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Government of Brazil received fewer offers than expected …

October 1, 2014

images | cms-image-000003112Claro, the mobile phone operator in Brazil of the Mexican group América Móvil, was awarded a new national transmission license for the fourth generation 4G radio spectrum, in the 700 megahertz (MHz) range, with an offer of 795 million Dollars.

TIM Participaçoes, a subsidiary of Telecom Italia, won the second lot with 1,947 million reais (about $ 794 million) each, Brazilian regulator Anatel said on Tuesday.

Telefónica Brasil, a subsidiary of the Spanish group Telefónica, won another of the lots with a bid of 1,928 million reais (786 million dollars).

Grupo Oi, Brazil’s fourth largest mobile phone operator, said last week that it would not participate in the tenders.

Anatel (National Telecommunications Agency) managed to sell only four of the six lots offered for the expansion of 4G Internet in the country. For this reason, the collection of 4.9 billion reais was 36% lower than expected by the federal government.

The companies that were interested in the licenses were Claro, TIM, Vivo and Algar. There were no foreign applicants.

via Government received fewer offers than expected for 4G licenses | Brasil 247 – News from Brazil in Spanish.

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