Mexico. The Federal Institute of Telecommunications, IFT, gave a positive part on the bidding process for AM and FM radio frequencies. The interest in both frequencies exceeded the expectations that were had about him.
On average, the highest bids received by the 16 participants were seven times the sum of the Minimum Reference Values of the 31 frequencies for which positions were received for a total of 133 million Mexican pesos. This concludes this stage corresponding to the presentation of offers of the participants in AM and FM. The total economic components of the AM and FM tenders in the IFT-4 Tender amounted to 1,578.9 million pesos.
It is the first time that the process of assigning radio frequencies for commercial use is done through a public tender and is the first process of assigning radio frequencies for commercial use in more than two decades.
Know the complete list of the natural and legal persons participating in the tender of the AM and FM radio frequencies, including the highest bids and the corresponding folio numbers, by clicking here.
