Public Notice For New 4G Auction

On July 17th, the Brazilian National Telecommunications Agency (Agência Nacional de Telecomunicações - ANATEL) approved the draft of the public bid notice relating to the 700 MHz frequency for fourth generation mobile services (4G).

The minimum bid prices will be disclosed only with the publication of the final version of the public notice, whose draft is still being evaluated by the Federal Audit Court (Tribunal de Contas da União - TCU). The document will also set the maximum amount that bid winners will have to spend to "clean" the 700 MHz frequency, currently occupied by analogue broadcasting signals.

The TCU will also establish the amounts for mitigating any interference in the signals and for the purchase of digital TV converters for approximately 13 million households listed in the “Bolsa Família” program.