Native operators Movistar and Tigo have already performed 5G trials within the nation
Colombiaâs telecom ministry, MinTIC, has printed the second one draft of a solution to award spectrum for the supply of 5G services and products within the nation.
This new draft solution establishes the necessities, prerequisites and reserve costs ââfor every of the bands to be auctioned.
This procedure will grant lets in for the usage of spectrum at a countrywide stage within the 700 MHz, 1.9 GHz, AWS, 2.5 GHz and three.5 GHz bands.
In relation to the 700 MHz band, a 10-megahertz block can be auctioned with a reserve value of COP 511.7 billion ($125.3 billion).
For the frequencies within the 1.9 GHz band, MinTIC stated that the reserve value is COP295.5 billion.
Within the AWS band, 3 blocks of 10 megahertz can be auctioned for a reserve value of COP295.5 billion, whilst the method can even come with 3 blocks of 10 megahertz within the 2.5 GHz band, with a reserve value of COP 156.8 billion every.
In the meantime, for the three.5 GHz band the federal government will public sale 4 blocks, every of 60 megahertz, with a reserve value of COP238.72 billion.
Moreover, 8 blocks of 10 megahertz can be presented within the 3.5 GHz band for the winners of the 60 MHz blocks, in order that they are able to supplement the spectrum for the supply of 5G, MintTIC stated.
The successful operators will make an preliminary fee of 20% of the spectrum value inside 90 days following the signing of the executive act assigning the allow for the usage of the frequencies.
In August, MinTIC printed the primary draft of the method, with the technical and felony facets of the spectrum public sale and the mechanisms of the public sale.
The Colombian govt stated it goals to put up the overall solution on October 17 and award the spectrum on December 20.
Native operators Movistar and Tigo have already performed 5G trials within the nation.
5G subscribers in Colombia are forecast to succeed in 37.8 million by way of 2030, up in comparison to 2.9 million in 2025, in keeping with a contemporary document by way of telecom affiliation GSMA.
The document confirmed that 5G penetration by way of 2025 is predicted to succeed in 4% whilst it will enlarge to 43% by way of 2030.
GSMA additionally famous that 5G networks will duvet 68% of the rusticâs inhabitants by way of 2030, up from 30% in 2025.
5G is forecast to succeed in 57% of the full cellular connections in Latin The us in 2030, up from a present penetration of round 2%, in keeping with a contemporary document by way of telecom affiliation GSMA.