Colombia goals to award spectrum within the within the 700 MHz, 1.9 GHz, AWS, 2.5 GHz and three.5 GHz bands
Colombia’s ICT ministry Mintic issued the ultimate decision for the upcoming public sale of 5G frequencies.
The regulator goals to award spectrum within the within the 700 MHz, 1.9 GHz, AWS, 2.5 GHz and three.5 GHz bands.
The ministry mentioned it had adjusted the ultimate decision consistent with feedback submitted by telecom operators and commerce division SIC in addition to 20 events.
Feedback on the draft decree to manage the one process for telecoms infrastructure deployment will likely be obtained by this Friday, October 27.
Mintic had beforehand revealed the second draft of a decision to award spectrum for the availability of 5G companies within the nation. This decision had established the necessities, circumstances and reserve costs for every of the bands to be auctioned.
Within the case of the 700 MHz band, a 10-megahertz block will likely be auctioned with a reserve worth of COP 511.7 billion ($125.3 billion).
For the frequencies within the 1.9 GHz band, MinTIC mentioned that the reserve worth is COP295.5 billion.
Within the AWS band, three blocks of 10 megahertz will likely be auctioned for a reserve worth of COP295.5 billion, whereas the method may even embody three blocks of 10 megahertz within the 2.5 GHz band, with a reserve worth of COP 156.8 billion every.
In the meantime, for the three.5 GHz band the federal government will public sale 4 blocks, every of 80 megahertz, with a reserve worth of COP317.71 billion.
Moreover, 8 blocks of 10 megahertz will likely be supplied within the 3.5 GHz band for the winners of the 60 MHz blocks, in order that they’ll complement the spectrum for the availability of 5G, MintTIC mentioned.
In August, MinTIC revealed the primary draft of the method, with the technical and authorized facets of the spectrum public sale and the mechanisms of the public sale.
The Colombian authorities beforehand mentioned it anticipated to award the spectrum on December 20.
Native operators Movistar and Tigo have already carried out 5G trials within the nation.
5G subscribers in Colombia are forecast to achieve 37.8 million by 2030, up in comparison with 2.9 million in 2025, in keeping with a current report by telecom affiliation GSMA.
The report confirmed that 5G penetration by 2025 is anticipated to achieve 4% whereas it will broaden to 43% by 2030.
GSMA additionally famous that 5G networks will cowl 68% of the nation’s inhabitants by 2030, up from 30% in 2025.
5G is forecast to achieve 57% of the entire cell connections in Latin America in 2030, up from a present penetration of round 2%, in keeping with a current report by telecom affiliation GSMA.