Brazil's 5G kick-off to lure big investment

Brazil's 5G kick-off to lure big investment

Corporate & Sovereign Strategy Equity Brazil Telecoms Mobile Project & Infrastructure Finance

Brazilian Communications Minister Fabio Faria said on Thursday that an auction in October for building a 5G broadband network in Latin America's largest economy is due to attract BRL37 billion ($6.85 billion) in investment from an array of investors. "There will not be any shortage of money. I do visit international funds everytime I travel abroad. I meet with banks and investors," he said during a press conference with foreign correspondents. "All the countries we visited are interested to come

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