Telecom Italia chairman Franco Bernabe has confirmed that the group’s Brazilian asset TIM Participacoes (TIM Brasil) will take part in the country’s upcoming auction of 4G mobile spectrum, despite concerns over the regulator, Anatel’s, auction process. Now TIM Brasil Lines Up To Participate In 4G Auction.
TIM Brasil Lines Up To Participate In 4G Auction
With the auction of frequencies suitable for Long Term Evolution (LTE) technology set to start on 12 June, only last week Brazil’s leading cellcos TIM, Oi, Vivo, Claro and Sweden’s AINMT (which controls Net1), reportedly filed separate petitions to challenge Anatel’s auction plan. TIM Brasil published a statement questioning the regulator’s, decision to forge ahead with the sale of 4G frequencies in the 450MHz and 2.5GHz bands, calling it ‘a premature initiative’. Highlighting what it sees as potential risks in the plan, TIM Brasil argued that the watchdog’s bidding documents contain elements that could adversely impact competitiveness among potential bidders.