The Ministry of Transport and Communications in Peru has granted WiMax operator Yota bandwidth spectrum use in the Latin American country. The Russian operator will use the 2668MHz-2692MHz band for WiMax services in the provinces of Lima, Callao and Trujillo. The 2668MHz-2690MHz bandwidth will be used for the rest of the country.
Yota was the single pre-qualified company to bid on spectrum and the official $3.9 million contract will be signed on January 20. The contract stipulates that Yota will deploy 9,000 internet connections during the first year of operations and 60,0000 by the fifth year of the contract. The company estimates the total investment during the initial five years of the contract will reach 100 million USD.
Photo Courtesy of Bit Ramone via Flickr
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