Colombia’s Ministry of Information Technologies and Communications (Ministerio de Tecnologias de la Informacion y las Comunicaciones, MinTIC) has issued Resolution 3947 of 2023 ahead of the country’s multi-band 5G spectrum auction on 20 December. The Resolution incorporates adjustments made by MinTIC after it received almost 500 comments from industry stakeholders in relation to its earlier consultation.

Notably, the new Resolution has set a USD317.717 million reserve price for each of the four 80MHz blocks of 5G-suitable 3.5GHz spectrum. As previously announced, the watchdog will auction spectrum in the following bands: 700MHz (10MHz block), 1900MHz (10MHz), Extended AWS (30MHz), 2500MHz (30MHz) and 3500MHz (320MHz).