Last month’s Mexican spectrum swap between Telefonica-backed Movistar and AT&T Mexico was worth USD168 million, El Universal reports, citing information from legal firm Jones Day, which represented the Spanish operator in the deal. The transaction involved a 10MHz block of Personal Communications Service (PCS) spectrum in the 1900MHz band transferring to Movistar, while Advanced Wireless Services (AWS) spectrum in the 1700MHz/2100MHz band reverted to AT&T. The deal encompassed frequencies in Regions 2, 3, 4, 6, 7 and 9.
As a result of the transaction, Movistar Mexico has clarified that it has decided not to take part in the country’s imminent Combinatorial Clock Auction (CCA) for AWS spectrum. AT&T Mexico (registered as AT&T Comunicaciones Digitales) and Telcel (registered as Radiomovil Dipsa) were the only two companies to submit applications ahead of the auction process, which will commence on 15 February.