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Brazilian telecommunications regulators say 5G auction rules will be released by Monday

File Photo: The 5G logo will be displayed on the Hanging Cube at Mobile World Congress on February 26, 2019 in Barcelona, ​​Spain. REUTERS / SergioPerez / File Photo

September 24, 2021

Sao Paulo (Reuters) -The Brazilian government expects to attract about R $ 50 billion ($ 9.35 billion) from planned auctions for the 5th generation (5G) mobile spectrum, and auction rules will be issued by Monday. Abra Ambarbino, director of communications regulator Anatel, said. On Friday.

Barbino said the value of the company’s expected capital expenditures would be discounted from the bid, with capital expenditures of R $ 40 billion expected.

($ 1 = 5.3471 real)

(Report by Alberto Alerigi)



Brazilian telecommunications regulators say 5G auction rules will be released by Monday

Source link Brazilian telecommunications regulators say 5G auction rules will be released by Monday

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