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Brazil kicks off 5G auction

Nov, 04, 2021 Hi-network.com

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After several delays, Brazil has kicked off the auction for the 5G spectrum today (November 4), with expectations to raise nearly 50 billion reais ($8.8 billion) in the largest telecommunications auction for the country so far.

Expected to last until Friday (5) due to the high number of proposals -- 15 companies have signed up to bid for the 700MHz, 2.3GHz, 3.5GHz and 26GHz frequency bands in national and regional blocks -- the auction is being held at the main auditorium of the National Telecommunications Agency (Anatel), in Bras

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