Jones Day instructed on telecommunications spectrum swap in Mexico

Jones Day in Mexico has advised Telefonica and its subsidiary, Pegaso PCS, in the country’s first ever spectrum swap and lease.

Telefonica exchanged 10 MHz in the 1.7/2.1 GHz AWS-1 bandwidth licensed to Pegaso for 10 MHz in the 1.9 GHz PCS band licensed to AT&T.  The spectrum swap and lease is valued by regulators at $168 million, however, attorneys for both sides said money was not exchanged in the operation.

The Federal Telecommunications Institute, Mexico’s telecom regulator, authorized the transactions in advance of a government spectrum auction. Telefonica will not take part in the auction, according to market reports. 

Partners Luis Rubio and Octavio Lecona led the team advising Telefonica on this deal while AT&T instructed Galicia Abogados.

 

Jones Day instructed on telecommunications spectrum swap in Mexico

Ignacio Abella

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram