Mexican regulator blames high prices for spectrum auction failure

It’s not often a spectrum auction attracts as little interest as the one that just closed in Mexico.
The country had 41 blocks of spectrum in various bands up for sale and managed to offload just three of them to the only two companies that submitted bids. AT&T submitted bids for two blocks of frequencies in the 800 MHz band, while America Movil’s Telcel bid for one block of 2.5 GHz spectrum, regulatory body the Instituto Federal de Telecomunicaciones (IFT) announced.
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