August 20, 2021 |
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
Government minister says the planned October auction is due to attract $8.5 bln in investment and fees