Home / chile / WOM's CEO believes that if companies do not return the spectrum, there will be 5G in the short term
WOM's CEO believes that if companies do not return the spectrum, there will be 5G in the short term
chile May 18, 2019 chile
CEO of Wom, Christopher Laska, in conversation with Diario Financiero addressed the company's current moment and its future plans. In addition, he delivered the company's position for future bidding of 5G in Chile and announced a few months ago.
Considering this previous topic, executive believes that the telecommunications secretary (subtel) "corrects the errors of previous governments in terms of spectrum distribution", and expects it to be evenly distributed among all competitors.
When it comes to the presentation of Subtel's proposal before the Free Competition Tribunal (TDLC), of the new spectrum distribution, Laska believes that the competitors should be happy, as they should not return to spectrum, as the Supreme Court decided. He also added that he hopes that TDLC will not contribute to the delay of the process, otherwise "there will not be 5G in the short, medium and long term".
Spectrum return and 5G tender
With reference to the Supreme Court's decision, representatives of the company, He hopes that "Kiko (referring to Claro, Entel and Movistar) can also implement the return of bands to ensure a good base for the expansion of 5G."
As for the tender proposed by the Authority, Laska points out that the 50 MHz proposed for the 3.5 GHz band is not enough for the development of 5G in Chile, but it's good to start. That is why he expects the return of the spectrum and thus "has a clearer mapping".
WOM is planning
Address the current moment in the UK company, which already occupies 15% of the Chilean market. CEO of Wom This suggests that they want to remain a disturbing company, but with shades.
As for the financial plans, the company, which is linked to the Novator Partners Fund, has invested $ 800 million from 2019, and hopes to complete $ 1,000 million in 2019. will meet the goal of installing 1000 antennas per year and reaching 4,000 by 2020.
Source: Diario Financiero
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