Brazil’s telecoms regulator Anatel raised BRL762.7 million ($192 million) in the bidding for lots A and B in the auction of leftover frequencies in the 1.8 GHz, 1.9 GHz and 2.5 GHz bands.
“In one of the lots, the premium over the minimum price set by the regulator reached 1,272.53 percent,” it said in a statement.
Telefonia Brasil announced it was the winner of seven lots in the 2.5GHz frequency including the Sao Paulo and Rio de Janeiro regions for BRL185 million.
“The company will increase its service delivery capacity with 4G in key regions of the country, with extra band of 10 + 10 MHz in addition to the band of 20 + 20 MHz acquired in 2012’s bid,” the operator said.
“With today’s acquisition, the company achieves its goal of ensuring the necessary spectrum for the expansion of 4G service, thus meeting the growing demand for high-speed internet,” it added.
It was also reported that Claro won several licences for Sao Paulo, Rio de Janeiro, Espirito Santo and Rio Grande do Sul, while TIM won licences in Parana and Pernambuco.
The other companies that had shown interest in the auction were Clivo Participacoes, Lig Telecomunicacoes, Nextel, Sercomtel, Sky and TPA Telecomunicacoes for the A and B lots.
The date for a new bidding session for lot C will be announced soon.
Last year, Brazil’s auction of 4G spectrum in the 700MHz band generated less revenue than expected after just three of the four nationwide operators bid for licences.