Vivendi, Televisa join hand for license bid by Cofetel

www.WirelessFederation.com/news: A joint bid has been planned by Mexican media group Televisa and French telecommunications and entertainment group Vivendi for a mobile license in Mexico. The partnership agreement is expected to be reached by February 15.

Deployment of mobile network with nationwide coverage is intended by the two parties with an investment of over USD 3 million on the project in 2010. More than 90 companies have acquired the bid documents for the mobile license tender launched by Cofetel on 6 January.

Additional 120 MHz spectrum in the 1.7 and 1.9 GHz frequency bands has been offered as a part of the tender by Mexican telecoms regulator Cofetel. Cofetel’s authorization will allow the operators to submit their bids on 25 May and the result is expected to be released by June.