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Mexico to raise $2.5 billion in spectrum auction

Friday, February 19, 2016


Mexico's telecoms regulator on Thursday said it will raise about $2.5 billion over the next 15 years after an auction of wireless spectrum.

The auction will allow the two participating companies, Carlos Slim's America Movil and new rival AT&T to deploy new mobile services and improve quality, the Federal Telecommunications Institute said.





Source: Reuters