Mozambique Looks Forward To Raising Over US$83-Million From Spectrum Auction
INACOM is the regulator in charge of the process.
Three spectrum bands were offered at the auction – 2.6 GHz, 800 MHz and 1800 MHz.
Five 2x5 MHz batches were on offer in the 800 MHz range, six 2x5 MHz batches were in the 1800 MHz range, and nine 2x5 MHz batches were offered in the 2.6 GHz range.
INACOM said that only three telecoms operators participated in the auction – Movitel, Vodacom Mocambique and Mcel.
They all took part in bids only for three of the five 2x5MHz bundles of the 800 MHz band.
No bids were submitted for 1800MHz and 2.6GHz spectrum bands.
According to the terms and conditions of the auction, payment would be made in phases beginning with the first instalment which is said to be 34% of the total bid amount.
Local media reported that this payment has already been received by the government of Mozambique.
The second and final payment which is 33% for each spectrum auctioned is expected to be received in 2019 and 2020 respectively.
The regulator issued a statement saying that the auction was conducted for the classification of rights of use of frequencies and it took place in three rounds of 45 minutes each, with an interval of thirty minutes between them.
It was a concurrent and open auction.
The frequency batches in the bands of 1800MHz and 2.6GHz were left untouched because there were no bids for them.
Credit: This article originated from www.itwebafrica.com