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Brazil collects $1.4 billion from 4G auction
15 June 2012
Average premium paid for 54 frequencies sold in auction was 31%
The Brazilian government has collected 2.93 billion Brazilian reals ($1.4 billion) from the auction of 4G wireless airwaves, Bloomberg has reported. Joao Rezende, president of regulator Anatel, told reporters that the average premium paid for the 54 frequencies sold in the auction was 31%.
Anatel stated that the operators that have won spectrum will have to set up 4G network in cities conducting soccer’s Confederations Cup by April. Telefónica Brasil submitted a bid worth 1.05 billion Brazilian reals ($507 million) to acquire 20 megahertz of national spectrum, while América Móvil vouched 844.5 million Brazilian reals ($407.7 million) for a similar block of spectrum, Bloomberg reported.
TIM Participações offered 340 million Brazilian reals ($164.1 million) for 10 megahertz of spectrum, while Oi submitted a bid of 330.9 million Brazilian reals ($159.8 million) for it. América Móvil purchased 19 regional 4G frequencies for 144.3 million Brazilian reals ($69.6 million), while TIM Participações bought six regional 4G frequencies for 42.2 million Brazilian reals ($20.4 million).
Sunrise Telecomunicações paid 19.1 million Brazilian reals ($9.2 million) for two licences in São Paulo. DirecTV unit, Sky Brasil Serviços paid 90.6 million Brazilian reals ($43.7 million) for 12 regional frequencies that cover São Paulo and Rio de Janeiro states, added Bloomberg. GTB
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