Colombia’s three major telephone operators, Claro, Tigo Une, and Movistar, have asked the Colombian government to wait until the takeover of the new administration, which takes office on August 7, to advance with the allocation of the 700 MHz broadcasting spectrum. Several attempts have been made to assign this resource since 2015, all unsuccessful.
The Superintendence of Industry and Commerce submitted some observations and recommendations on the proposed contest, suggesting that the formulas for establishing coverage be revised, considering that excessive coverage requirement “may discourage some operators from valuing the spectrum and thereby reduce the intensity of competition during the auction “. The SIC called for removing “unnecessary” obstacles that may discourage participation.
In this context, the Mobile Industry Association of Colombia said that less than 27 days before the start of the government of President Ivan Duque, “it is not appropriate to define, hastily and without clarity, the conditions for the bidding, leaving it a fait-accompli for the incoming administration, which would take on the consequences.”
Full Content: Dinero
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Nvidia’s $700 Million Buyout of Run:ai Gets EU Approval, Deal Finalized
Jan 1, 2025 by
CPI
Taiwan FTC Halts Uber’s $950M Foodpanda Buyout Over Antitrust Fears
Jan 1, 2025 by
CPI
White House Pushes for Stronger Healthcare Data Security
Jan 1, 2025 by
CPI
Microsoft’s Cybersecurity Bundles Draw Antitrust Inquiry
Jan 1, 2025 by
CPI
UK Watchdog to Review IBM’s $6.4 Billion Acquisition of HashiCorp
Jan 1, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand