Mozambique makes USD83.4m from spectrum sale

Mozambique’s National Communications Institute (Instituto Nacional de Comunicacoes de Mocambique, INCM) has revealed that the government brought in a total of USD83.4 million from its recent 4G spectrum sale. While frequencies were on offer in the 800MHz, 1800MHz and 2600MHz ranges, only the lower band attracted bids, with the three incumbent operators – Vodacom, Movitel and mCel – all securing 800MHz spectrum. Payments for the licences are due in instalments, with 34% to be paid when the concessions are allocated and further payments of 33% each are due in 2019 and 2020.

Source: TeleGeography