BMI View: Peru held its auction of 4G spectrum during July 2013, successfully selling two blocks of frequencies to Telefónica and Entel, through their respective subsidiaries Movistar and Americatel Peru. While this is a strong step forward for the market, the decision to auction just two blocks has left the second-largest player Claro, without 4G spectrum. This could pose a problem over the medium term, as mobile broadband growth in Peru has been driven by the Movistar-Claro competition. However, the government announced plans to auction another batch of frequencies by end-2013, leaving the door open for Claro to enter the …
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