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The Dominican Republic expects its upcoming 5G auction to generate between US$200 million and US$300 million, according to Nelson Arroyo, the president of regulator Indotel (Instituto Dominicano de las Telecomunicaciones).
The mooted amount is aimed at setting expectations for potential newcomers to the country’s mobile market, with registration for the upcoming auctions open to interested parties until May. Indotel is keen to attract new operators to the market, with the country’s wireless penetration rate sitting at just above 80% as of September last year.