Claro El Salvador cleared to renew mobile license
El Salvador' telecom watchdog Siget authorized the renewal of telco Claro's license for the use of 30MHz of spectrum.
Claro, a subsidiary of Mexican telecom giant América Móvil, became the first operator to renew a concession under the current legal framework. The renewal extends the license for 20 years.
Local newspapers quoted Claro El Salvador director Balmore Menjívar as saying that the agreement is a sign of legal certainty and gives the company confidence to carry out long term investments in the country. He added that it is not possible to give an estimate of the company's investment plans at the moment, as these depend on the price of technology and equipment.
Claro's competitor Tigo is currently discussing with Siget the terms under which its spectrum licenses can be renewed, as these will expire next year.
The regulator has also stated that it will tender 120MHz of spectrum for mobile technology this year, although no dates have been given.
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