Brazil gives go ahead to 5G auction after auditor's OK

Brazil has given the go-ahead to a 5G telecoms auction after the federal audit court the TCU fully signed off on the sale, the country's Communication Minister Fabio Faria said in a Tweet on Wednesday.

The auction is scheduled to take place in October at the latest, and is expected to raise about 45 billion reais ($8.63 billion).

($1 = 5.2117 reais)

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