Peru To Auction New Phone License

Peru has set the date of March 31 to auction its second fixed-line telecoms license in a bid to open up the market to competition. The 25-year license will cover fixed-line telephony and internet access for Lima and Callao. Currently there is only one operator – an affiliate of Spanish company Telefónica, which has dominated the market since 1994. State investment company ProInversión is managing the sale. Interested bidders include Telefónica, Americatel and Millicom.