Tech

No speculation allowed in 5G auction, says regulator

No speculation allowed in 5G auction, says regulator
Photo: Novikov Aleksey/Shutterstock

Along with its deep reformist agenda, the Brazilian government is moving to approve pro-market regulatory changes in order to encourage investment. In this field, the telecoms sector is high on the government’s priority list for alterations. Earlier this year, Congress passed an update to the sector’s legal framework and now, the National Telecoms Agency (Anatel) is working toward auctioning off 5G frequencies in 2020.

The head of the regulatory body, Leonardo de Morais, explained to The Brazilian Report that the priority is to ensure the proper amount of investment. However, the upcoming auction comes with a tough nut to...

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