This Friday the operator will put on sale its 10 MHz concession of the 1.9 GHz band.
Eleven months after the Supreme Court definitively forced the companies Movistar, Claro and Entel to return part of its spectrum for exceeding the 60 MHz limit, the Spanish capital firm decided to initiate compliance with the ruling and put its concession up for sale through a private tender that will start this Friday, September 25.
On October 28, 2019, the Supreme Court gave a series of options to the telecos to adjust to the regulations of the -now- old spectrum limits. And, among them, the possibility of putting some of its blocks up for sale. Movistar was the only one who took this path, in a process that was not easy for the operator, since on two occasions the Undersecretariat of Telecommunications (Subtel) rejected the bidding conditions for not complying with the General Law of the sector.
The company, for its part, was reluctant to start such a complex process, when the Covid-19 crisis was unleashed in Chile and the world and the possibility was being considered that no bidder would arrive for its 10 MHz block in the 1.9 GHz band, the frequency chosen for the release.
However, on the third attempt, Subtel gave the go-ahead and started the process, where they explain that this approval was also part of the Supreme Court and the Tribunal for the Defense of Free Competition (TDLC).
This Friday, September 25 at 5:00 p.m. the bidding process begins with the availability of the bases, where for an amount of $ 1,000,000 the companies They will be able to know its content and make inquiries until October 9.
A month later, on November 9, Movistar will give answers to the queries by the bidding conditions, while the receipt of Offers will be made between 12:00 hrs and 15:00 hrs on December 7, 2020.