Spanish telecoms giant Telefonica has been confirmed as the highest bidder in the Mexican government’s auctions for spectrum in the 1900MHz spectrum band, according to Bloomberg. Telefonica, Grupo Iusacell and a joint venture between NII Holdings and local media giant Grupo Televisa submitted the highest bids in the sale, the Comision Federal de Telecomunicaciones (Cofetel) revealed, and the regulator now has 30 days to review the auction and officially declare the winners.

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Source: telegeography