Sunday, April 21, 2024

Logo Central America Link

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