The new look of the Colombian tower industry
A new player, rural densification and enhanced competition following the 700MHz auction
For the last couple of years, Colombia had been waiting for the 700MHz spectrum auction that promised to improve both 4G coverage and capacity across the country. Last December, after many delays, the Ministry of Information Technologies and Communications (MinTIC) finally conducted a process that brought a new player, very ambitious coverage obligations and a breath of fresh air for the country’s tower industry. The much-awaited 700MHz auction will massively expand connectivity by pushing MNOs to expand their networks in rural and remote locations, where they will need to rollout a considerable number of macro sites over the next five years.