Government expects to raise R$ 10.6 billion with auction of 5G – Prime Time Zone

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Winning companies will invest R$ 39.1 billion to meet the requirements set out in the notice, approved by Anatel’s board of directors this Friday

Carolina Antunes /PRFabio Faria

The Minister of Communications, Fabio Faria, and members of the National Telecommunications Agency (Anatel) informed this Friday, 24, that the auction of 5G, scheduled for November 4, will move R$ 49.7 billion. The federal government must raise R$ 10.6 billion, which will be disbursed by the winning companies to explore the technology. The other R$ 39.1 billion will be invested by the companies to meet the requirements set out in the notice, approved by Anatel’s board of directors early this Friday morning. The government’s expectation is that the 5G will start working in July 2022 in some cities in the country. Four fifth-generation internet frequency bands will be offered at the auction, with 20-year exploration rights. The winning companies will have some compensation to be made in the form of investment, such as installing fiber optic cables in the Amazon and building a private network for the government. The companies must also fulfill certain commitments, such as bringing quality internet to schools and guaranteeing 5G technology for all cities with more than 30,000 inhabitants by 2028. In cities with more than 500,000 inhabitants, the deadline is July 2025.