With a delay of two and a half years, Brazil has finally begun auctioning its 5G spectrum to telecom companies. The country’s “big 3” players in the sector — Vivo, TIM, and Claro, responsible for 80 percent of the mobile telephone market — snapped up the juiciest assets. Still, the addition of four new operators could be beneficial to consumers.
After the first of two days, the auction saw 16 frequency segments distributed for bids amounting to BRL 7.1 billion (USD 1.2 billion). When all is said and done, the government hopes to raise BRL 50 billion in tenders...
