The consortium comprising media group Televisa and Nextel Mexico, a unit of NII Holdings, has emerged as the sole bidder in Mexico’s auction of 90MHz spectrum in the 1.7GHz frequency band. The consortium offered the minimum bid price of MXN 180.3 million for 30MHz in the 1710MHz to 2170MHz frequency band in each of the country’s nine mobile operating regions, the Mexican telecoms regulator Cofetel announced. Televisa plans to invest USD 1.44 billion for a 30 percent stake in Nextel Mexico if the partners obtain enough spectrum to deploy a 3G network. Cofetel declared the sale of a second nationwide license deserted. The requirements imposed by the Federal Competition Commission meant that only Televisa-Nextel could bid for one of the two nationwide licenses. America Movil offered MXN 3.79 billion for 21 blocks of 10MHz in all operating regions. Telefonica offered MXN 1.27 billion for six 10MHz blocks in six regions. Cofetel is expected to announce the tender winners within the next 30 days. A separate auction of blocks in the 1850MHz to 1990MHz frequency band ended on 18 July, with combined bids reaching MXN 2.98 billion.