Native operators Movistar and Tigo have already carried out 5G trials within the nation
Colombia’s telecom ministry, MinTIC, has revealed the second draft of a decision to award spectrum for the availability of 5G companies within the nation.
This new draft decision establishes the necessities, situations and reserve costs for every of the bands to be auctioned.
This course of will grant permits for using spectrum at a nationwide degree within the 700 MHz, 1.9 GHz, AWS, 2.5 GHz and three.5 GHz bands.
Within the case of the 700 MHz band, a 10-megahertz block shall be auctioned with a reserve value of COP 511.7 billion ($125.3 billion).
For the frequencies within the 1.9 GHz band, MinTIC stated that the reserve value is COP295.5 billion.
Within the AWS band, three blocks of 10 megahertz shall be auctioned for a reserve value of COP295.5 billion, whereas the method will even embrace three blocks of 10 megahertz within the 2.5 GHz band, with a reserve value of COP 156.8 billion every.
In the meantime, for the three.5 GHz band the federal government will public sale 4 blocks, every of 60 megahertz, with a reserve value of COP238.72 billion.
Moreover, 8 blocks of 10 megahertz shall be supplied within the 3.5 GHz band for the winners of the 60 MHz blocks, in order that they will complement the spectrum for the availability of 5G, MintTIC stated.
The profitable operators will make an preliminary fee of 20% of the spectrum value inside 90 days following the signing of the executive act assigning the allow for using the frequencies.
In August, MinTIC revealed the primary draft of the method, with the technical and authorized points of the spectrum public sale and the mechanisms of the public sale.
The Colombian authorities stated it goals to publish the ultimate decision on October 17 and award the spectrum on December 20.
Native operators Movistar and Tigo have already carried out 5G trials within the nation.
5G subscribers in Colombia are forecast to succeed in 37.8 million by 2030, up in comparison with 2.9 million in 2025, in response to a latest report by telecom affiliation GSMA.
The report confirmed that 5G penetration by 2025 is predicted to succeed in 4% whereas it might develop to 43% by 2030.
GSMA additionally famous that 5G networks will cowl 68% of the nation’s inhabitants by 2030, up from 30% in 2025.
5G is forecast to succeed in 57% of the overall cell connections in Latin America in 2030, up from a present penetration of round 2%, in response to a latest report by telecom affiliation GSMA.
