Mexico’s IFT Federal Telecoms Institute is finalising the publication of its auction terms which cover the sale of two valuable satellite orbital positions allocated to the country.
The two locations, at 113 degrees West and 116.8 degrees West, offer complete coverage of Mexico as well as the potential to reach millions of other homes North and South of Mexico.
The rights to broadcast from the locations will include C-band and Ku-band frequencies, and local reports say that 5 satellite operators have already expressed interest in bidding for the slots.
What is not yet clear is what the minimum bidding price might be. This is likely to be set by Mexico’s Finance Ministry, but a recent guide is a similar auction process organised by Brazil and which saw vigorous bidding and almost $70 million paid over.
It is likely that the winning bidder/s will be required to start transmissions from the site within two years.