Wednesday, December 7, 2011

Iusacell and Nextel call off legal wrangling over 2010 auction

Mexican mobile network operators Grupo Iusacell and Nextel de Mexico have reportedly withdrawn lawsuits previously filed relating to the government’s 2010 auction of wireless frequencies in which the latter bagged 30MHz of spectrum in the 1900MHz band. As noted in TeleGeography’s GlobalComms Database, political pressure to overturn the auction result was quick, with calls for regulator Comision Federal de Telecomunicaciones (Cofetel) to reject Nextel’s bid (which was made as part of a joint venture with Televisa, since disbanded). Indeed, Javier Corral, a deputy of the conservative National Action Party (PAN), vowed to try to stop the communications ministry from awarding the block, with the politician quoted in the wake of the sale as saying: ‘(Communications Minister Juan) Molinar is selling the spectrum at a bargain price.


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OVETEL Iusacell and Nextel call off legal wrangling over 2010 auction

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