Antel wants to auction 3G licences before end-2005

23 Jun 2005

According to local news agency Agencia Eastado, Brazilian telecoms regulator Anatel has revealed plans to auction 3G licences before the end of 2005. The regulator said it will allow licence winners a payment schedule of eight years, but has not revealed when the process will begin.

Meanwhile, investment bank JP Morgan has said that it is more likely to invest in the country’s fixed line market than the mobile sector, claiming there is a more favourable regulatory environment in the wireline market, as well as less competition. The award of 3G concessions could also have a negative impact on wireless investments.