Portugal Telecom has confirmed that its 40% owned subsidiary, CVMóvel had submitted a application for the awarding of a 3G mobile license in Cape Verde. CVMóvel, a wholly owned subsidiary of the CVTelecom Group, follows T+ and Cabo TLC de São Vicente, the other two companies that have submitted applications to ANAC, the telecoms regulator.
It is worth recollecting that applications could be submitted from August 2010 until last Monday.
The result of the tender will be disclosed in March 2011.
The licenses include 2x15MHz of paired spectrum in the bands 1920-1980MHz / 2110-2170 MHz and 5 MHz of unpaired spectrum in the 1900-1920 MHz band, for each one of the rights of frequency, and the allocation of one nationwide right of frequency use in the range reserved for GSM services.
The country currently has two mobile networks, T+ and Cabo Verde Telecom. Estimates from the Mobile World analysts is that the country has around 496,000 subscribers, representing a population penetration level of 97%.
Source: Cellular News