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Claro surpasses Entel and wins 5G contest with an offer of almost US$ 90 million in Chile
Monday, June 17, 2024 - 18:45
Fuente: El Economista

His counterpart, on the other hand, submitted a much lower offer of US$45.4 million.

After a “technical tie” was defined between the proposals of Entel and Claro, this Monday's auction gave the latter company as the winner, after presenting an offer of $83.5 billion (US$89.5 million) for the award. of five 10 MHz blocks in the 3.5 GHz band.

His counterpart, on the other hand, presented a much lower offer of $42,375 million (US$45.4 million).

With this new tender, it is expected to incorporate 121 locations without access to this technology, along with connecting 1,500 kilometers of highway to 5G.

“The concessions granted will correspond to a public telecommunications service and will have a duration of 30 years,” states the Subtel website.

“The concessionaire must provide effective coverage to users within the committed service area, being obliged to offer the service to any interested party who requests it. The equipment, networks and systems of the concession must consider a technology that ensures the provision of high-capacity, high-speed and low-latency mobile services,” they add from the Undersecretariat of Telecommunications.

CLARO WINS THE 5G CONTEST WITH A MILLIONAIRE OFFER

For his part, the Minister of Transportation and Telecommunications of Chile, Juan Carlos Muñoz, indicated that the ministry is satisfied with the process.

“We believe that it has managed to achieve a very important requirement that had been requested of us by the Court for the Defense of Free Competition and that had been notified by the Supreme Court, which was that we could also have an additional actor in the 5G spectrum. “said Muñoz, according to Pulso.

The 5G public tender had several stages, the first of which was in October 2023 with the first notice calling for tenders.

A few months later, in March of this year, the submission of proposals for the award began, with applications open for receipt between the 13th and 20th of that month.

Among the telecommunications companies that presented was WOM, who had previously won a tender for 5G. However, Subtel later decided to apply sanctions to the company for alleged non-compliance in the deployment of the technology.

That is why WOM decided to abstain from this Contest, as Pulso recaps.

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