SAO PAULO (Reuters) – Brazil’s economy risks becoming less competitive if a long-awaited 5G spectrum auction is further delayed, an executive of China’s Huawei Technologies said in an interview.
FILE PHOTO: The EU flag and a smartphone with the Huawei and 5G network logo are seen on a PC motherboard in this illustration taken January 29, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
Huawei is widely expected to take a leading role in deploying high-speed, next-generation telecommunications networks in Latin America despite U.S. efforts to block that growth.
But Brazil’s 5G auction was delayed from an initially scheduled March date to the second half of the year because of concerns about frequency interference and uncertainties related to the rules governing the spectrum dispute.
Analysts have said it could be postponed further, which Carlos Roseiro, Huawei’s director of integrated solutions for Brazil, said would be worrisome.
“We see it very realistically and we adapt…
Source Reuters Tech News
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