Brazil Weekly

Brazil to open up 5G to foreign capital

Happy Monday! Today, we look at the latest developments involving Brazil’s 5G auction, with potential new permissions for foreign capital. A bill in the Senate would allow politicians to take charge of embassies, without losing their office in parliament.

Regulator to allow foreign capital companies to bid for 5G

Brazil to auction 5G frequencies next week. Photo: Alf Ribeiro/Shutterstock
Brazil to auction 5G frequencies next week. Photo: Alf Ribeiro/Shutterstock

Telecoms regulator Anatel’s public procurement committee received six requests against the upcoming auction of 5G frequencies — scheduled for November 4. Five were dismissed, but the agency is leaning in favor of one of them, which challenges restrictions on companies owned by foreign capital.

  • The agency has already positioned itself...

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