Tech

Lagging in current technologies, Brazil eyes a 5G spectrum auction

Brazil plans to enter the 5G era next year, according to Anatel—the country’s telecommunications regulator. The government’s goal is to auction the 5G spectrum in March 2020, hoping to foster investments and make sure there will be enough coverage throughout the country, something that has been lacking only 20 years after the sector was opened for private actors.

“We are not going to donate the spectrum as China did, but to consolidate the 5G ecosystem in Brazil we need an invitation for bids that compels companies to make it, not to pay for it. It is not going to be an auction to raise money, because what we will get from revenues and taxes further down the line will be much bigger than the value of the auction,” said Leonardo Euler de Morais, to newspaper Valor.

Bidding proposals may start as soon as the second...

TBR Newsroom

We are an in-depth content platform about Brazil, made by Brazilians and destined to foreign audiences.

Recent Posts

Ayrton Senna, a true Brazilian hero

In 2000, Formula 1 great Michael Schumacher had just racked up his 41st race win,…

16 hours ago

OECD improves Brazil’s GDP growth forecast once again

Overall, the worldwide economic outlook has improved according to the Organization for Economic Co-operation and…

18 hours ago

Brazil missing the target with its match-fixing drama

“This is f***ing corruption, it has to change,” protested an irate John Textor, owner of…

18 hours ago

Rio Grande do Sul declares state of calamity due to rains

Eduardo Leite, governor of the southern Brazilian state of Rio Grande do Sul, on Wednesday…

19 hours ago

Lula, Congress swap places in fiscal responsibility debate

Moody’s is the latest rating agency to improve its assessment of Brazil, bumping up the…

19 hours ago

The Brazilian Report shortlisted for four Digiday Media Awards

Other finalists include the Harvard Business Review, Fortune, Condé Nast, and the NFL

22 hours ago