Brazil 3G auction
Brazil has finished its 3G auction with no big changes in the landscape—all the licenses were won by the big three telcos in Brazil (Vivo Participacoes, TIM Participacoes and Claro) reports Cellular News. There was a significant premium above the expected price paid for the licenses, ranging from 34 percent to 274 percent above the market price. Regulator Anatel has raised the forecast revenues from 4 billion reals to 6 billion reals (US$3.3 billion).
source: MoCoNews
source: MoCoNews
Labels: Brazil
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