Dec. 6 (Bloomberg) -- Tim Participacoes SA and Tele Norte Leste Participacoes SA gained more airwaves for wireless services in a Brazilian government auction that raised 237.5 million reais ($132 million).
Tim, controlled by Telecom Italia SpA, acquired nine lots of spectrum in the 1.8 gigahertz band for 109.3 million reais, Brazil’s telecommunications regulator said today on its website. Tele Norte Leste, which operates under the Oi brand, spent 110.6 million reais for four lots in the same band. Both companies are based in Rio de Janeiro.
The auction of airwaves left over from previous sales will help carriers build more capacity as demand surges for mobile- phone services such as Internet downloads, said Anatel, as the regulator is known. Brazil had 232 million wireless subscriptions at the end of October, up 19 percent from a year earlier, according to government statistics.
America Movil SAB, based in Mexico City, spent 14.5 million reais for one lot in the 800 megahertz band, and Sercomtel SA paid 3.03 million reais for a lot in the 1.8 gigahertz band, Anatel said.
Tim is Brazil’s second-largest carrier after Telefonica Brasil SA. America Movil, controlled by billionaire Carlos Slim, is third, followed by Oi. Sercomtel is sixth, according to government statistics.
--Editors: James Callan, John Lear
To contact the reporters on this story: Carla Simoes in Brasilia Newsroom at firstname.lastname@example.org; Crayton Harrison in Mexico City at email@example.com
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