Discounting some notable exceptions such as Brazil and Chile, Latin America has generally lagged behind other parts of the world over 5G auctions, but not necessarily deployments, given that some operators have launched services in spectrum they already own. That has been the case in Mexico, where both AT&T and Telcel, the mobile subsidiary of the America Movil group (owned by the family of entrepreneur Carlos Slim) have been offering 5G services since 2022. Telcel, the country’s dominant operator, with over 75 million subscribers, almost two thirds of the total, was first in February 2022 with a limited launch in 18 cities, expanding to 400 just over a year later in April 2023. This ran over 100 MHz of mid-band…