An Exciting Time for Telecommunications

The world of telecommunications is buzzing with excitement, particularly in Colombia's Ministry of Information and Communications Technologies (MinTIC). Recently, they published Resolution No. 3947, which sets the stage for the 5G auction process. Additionally, they are considering adjustments to the permits for utilizing specific radio spectrum for international mobile services (IMT) and welcome public feedback until the end of the month.

Resolution Highlights

Just a week ago, MinTIC made a significant move by releasing this resolution, which not only regulates the auction process but also facilitates permits for using radio spectrum. The bands included are:

• 700 MHz
• 1900 MHz
• Extended AWS
• 2500 MHz
• 3500 MHz

5G technology is central to this initiative, poised to unlock growth across sectors such as education, healthcare, mobility, and energy. As Mauricio Lizcano, the head of MinTIC, points out, this is an opportunity to improve the quality of life for all Colombians. The auction blocks have been designed to prevent monopolies and ensure multiple winners.

Background and Input

This resolution is grounded in careful evaluations and adjustments based on the competition advocacy concept from the Superintendence of Industry and Commerce. Additionally, MinTIC has considered insights from over 20 interested parties who provided nearly 500 comments regarding the deployment of 5G technology.

What's Next?

The final resolution outlines the requirements, conditions, and procedures that will pave the way for widespread 5G technology adoption in Colombia. You can read the full details here - https://www.mintic.gov.co/portal/715/articles-281096_recurso_5.pdf. The auction is scheduled for December 20th, with specific administrative actions and notifications to follow two months later.

Auction Details

Interestingly, the bands being auctioned are primarily the remaining spectrum in the bands currently used by 4G systems. For those in the know, the 3500 MHz band is where the exciting 5G developments will occur. Each of the four 80 MHz blocks in this band has a reserve value of 317,717 million Colombian pesos (approximately 74,882,751 dollars). Overall, the expected revenue from the spectrum exceeds 840 million dollars.

Conclusion

Colombia is stepping into the 5G revolution, a transformative shift that holds the potential to revolutionize education, healthcare, transportation, and more. This initiative marks a remarkable stride toward progress and innovation in the country.