FILE PHOTO: Brazil's Communications Minister Fabio Faria arrives at a news conference after the opening ceremony to 5G auction in Brasilia, Brazil, November 4, 2021. REUTERS/Ueslei Marcelino
SAO PAULO (Reuters) - Brazilian Communications Minister Fabio Faria said on Friday that the government may schedule a new 5G spectrum auction to sell batches that did not attract interest, mainly in the 26 GHZ frequency.
Brazil telecom regulator Anatel concluded an auction on Friday with Faria saying in a news conference that the sale raised a total of 46.79 billion reais ($8.44 billion) including future capital expenditure commitments, making it the largest auction of telecom assets to date in Latin America.
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