Anatel to Raise BRL3.8bn from 4G Auction

in News, Anatel, 4G, LTE
Anatel 4G Auction

Brazilian telecom regulator Anatel expects to raise a minimum BRL3.8 billion (USD 2 billion) with auction of mobile frequencies in the 2.5GHz and 450MHz bands. Anatel says that 2.5GHz spectrum is to be used for LTE mobile services while 450MHz spectrum will be used to expand the coverage of voice and data (broadband internet) services in rural areas.