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Uruguay postpones auction

date: January 21, 2002 - source: Siemens UMTS NewsDesk

Uruguay's government is blaming the financial crisis in Argentina for having to push back the date of its spectrum auction for 2.5G and 3G spectrum. The contest has been pushed back from 28th January to May 6th at the request of an interested party. Local media sources said that the interested party is Telecom Argentina.

The Uruguayan regulator, Ursec, has set April 12 as the deadline for submitting the US$1m guarantee fee and buying the rights to enter the contest. Just three operators had bought the contest rules by the previous deadline, which was Friday 11th January. They were Telefonica Moviles, Telecom Argentina and incumbent mobile operator Movicom Bellsouth.

A minimum price of US$6m has been set for each of the spectrum blocks on offer. The auction will allow operators to choose between CDMA or GSM based 3G systems, with frequencies being offered in both the 1800 and 1900 MHz bands.

Last month, Uruguay's delayed 2G and 3G spectrum auction was going to take place on January 28, 2002. Interested parties was able to buy bidding documents on January 11, 2001 along with a US$1m (EUR1.12m) deposit. For each block of 5Mhz uplink and downlink a reserve price of US$6m (EUR6.74m) has also been set.

 



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