Brazilian 5G authorisations expected on 14 December

10 Nov 2021

The winners of Brazil’s recent 5G spectrum auction can expect to receive their final authorisations from the government on 14 December, TeleTime reports. The multi-band frequency sale drew to a close on Friday 5 November, generating total bids of BRL47.2 billion (USD8.5 billion), although around BRL7.44 billion of the total commitments will be converted into ‘goodwill’ bonds, which will see the winning bidders extend coverage to predetermined underserved areas.

As per the terms of the auction, winning bidders must offer 5G services in all state capitals and the Federal District (Distrito Federal) by 31 July 2022.