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Chile Awards Three 700Mhz Spectrum Licenses

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Chile's telecoms regulator, Subtel has allocated 700Mhz radio spectrum to the country's three mobile networks following an auction last week.

The mobile networks now have 24 months to deploy a nationwide LTE network, and will have to have reached at least 1,281 isolated towns and over 500 schools within 18 months.

There are also regulations designed to promote the use of MVNOs in the future.

Entel paid CLP6.88 billion (USD12.3 million); Telefonica paid CLP4.25 billion (USD7.6 million) and Claro paid CLP404 million (US$722,000).

The Minister of Transport and Telecommunications, Pedro Pablo Errazuriz, said that "This contest is part of one of the commitments of the Government was to provide more spectrum for the development of telecommunication services in the country. In this period we have conducted two auctions of spectrum for 4G technology, vastly improving the conditions of competition in the market for Chilean mobile internet and thanks to the consideration of connectivity provided in both processes, is expected to reach 98% of the population coverage of telecommunications services,"

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Tags: subtel  Chile