Brazil opens 5G tender, seeking $9 bn in investment

06 Nov, 2021

BRASÍLIA: Brazil opened an international tender Thursday to build one of the world's biggest 5G data networks, seeking $9 billion in investment for Latin America's largest economy.

Calling it a "historic" moment, President Jair Bolsonaro opened the tender in Brasilia with a symbolic bang of the auctioneer's hammer, kicking off bidding by 15 companies that officials said could last through Friday.

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