The Telecommunications Authority of Trinidad and Tobago (TATT) recently conducted an auction on October 5th, 2007 for radio frequency spectrum in the 700 MHz, 12 GHz and 28 GHz frequency bands for the delivery of Broadband Wireless Access (BWA) services.
Out of five companies which were pre-qualified to participate in the auction, three companies took part :
- Green Dot Limited.
- Telstar Cable System Limited.
- Open Telecom Limited
The other two companies which qualified but didn’t take part were Sigma Communications Limited and Columbus Communications Trinidad Limited. The auction was held at the Hotel Normandie with PricewaterhouseCoopers as the auction manager.
The results of the auction were as follows (quoting from the October 5th, 2007 TATT press release (PDF ; 35K)) :
- “In the auction of spectrum blocks in the 12 GHz band, there was one (1) Winning Bidder. The Winning Bidder is Telstar Cable System Limited, who won all twelve (12) blocks in this band at TT$ 650,000.00 per block per annum. The annual licence fee for Telstar Cable System Limited will therefore be TT$ 7.8 million per annum in total, for spectrum awarded in 12 GHz band.
- In the auction of spectrum blocks in the Lower 700 MHz band, there was one (1) Winning Bidder. The Winning Bidder is Green Dot Limited, who won three (3) blocks in this band at TT$ 177,000.00 per block per annum. The annual licence fee for Green Dot Limited will therefore be TT$ 531,000.00 per annum in total, for spectrum awarded in Lower 700 MHz band,
- In the auction of spectrum blocks in the 28 GHz band, there was no Winning Bidder and, as a result, no award of spectrum blocks.”
Green Dot and Telstar Cable System Ltd are eligible for the spectrum license for a period of 10 years.