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Telefónica seeks buyer for its Mexican business: Report

Telefonica aims to finalize the sale before its annual shareholders' meeting, typically held in April or May Spanish telecommunications giant Telefónica has hired investment bank JP Morgan to oversee the sale of its Mexican business, according to a report by financial newspaper Cinco Días, which...

Mexico to launch 5G spectrum auction this month

The IFT-12 tender will allocate 2,223 blocks of radio spectrum across several frequency bands for 5G services Mexico’s telecommunications watchdog Federal Institute of Telecommunications (IFT) has announced the launch of the IFT-12 spectrum tender, a major step in the country’s efforts to expand 5G connectivity. In...

Mexico’s 5G auction faces limited interest due to high fees: Report

The country’s telecom regulator IFT initiated a public consultation on this 5G spectrum auction on May 7, 2024 Mexico’s 5G auction faces hurdles as high spectrum fees deter operator interest, according to a recent report by GlobalData. The country’s telecom regulator IFT initiated a public consultation...

AT&T Mexico, Movistar extend deal to share infra until 2030

Through a previous deal, AT&T provided Movistar capacity in its network for the provision of 3G, 4G and 5G services Mexican carriers Movistar México and AT&T México announced the signing of an agreement to extend an existing deal for access to wireless last-mile capacity until...