Radio spectrum is of paramount importance to the telecommunications industry and especially so in the mobile sector. Mobile communications have enabled communication with persons while on the go and outside of their static places of reference and have progressively become responsible for connecting remote populations for the benefit of family members who live distant from one another. In recent years, they have enabled the first Internet access for millions of people. Spectrum allocation for the mobile industry is an essential requirement in the Knowledge Society and for countries’ economic development. According to a report from the Inter-American Development Bank (IDB), every 10 new broadband subscribers per 100 inhabitants in Latin American and Caribbean countries has the positive consequence of raising the GDP by 3.19%, while increasing productivity by 2.61% and creating 67,016 new jobs.