Three telecommunications companies have been awarded 20-year licences to develop 5G in Argentina, after bids for spectrum that netted over US$875 million for the government.
Argentina’s communications regulator Enacom has confirmed the country s planned upcoming 5G spectrum auction for 24 October and suggested it will raise about US$1.05 billion.
Argentinean operators Telefonica and Telecom Argentina (which respectively operate as Movistar and Personal) have confirmed last-minute bids to join Claro in the country’s upcoming auction of 5G spectrum.
A Federal Court in Argentina has issued several directives to the country’s regulator ENACOM relating to its upcoming 5G spectrum auction, just days ahead of the deadline for bids.