
[Update] Brazil raised BRL 2.44 billion in the first day of its auction of 3G spectrum. The mobile telephony operators Vivo, Oi , Claro and TIM won the first lots in the auction, covering the states of Bahia, Sergipe, Rio de Janeiro and Espirito Santo. Vivo presented an offer 90 percent higher than the minimum set by market regulator Anatel for the first lot, paying BRL 310.3 million (EUR 118.4 million), while Oi bid BRL 467.9 million, TIM offered BRL 528 million and Claro paid BRL 612 million. Vivo also acquired a licence for the federal district and areas of Rio Grande do Sul, Santa Catarina, Parana, Mato Grosso do Sul, Mato Grosso, Goias Tocantins, Rondonia and Acre for a total BRL 528.2 million.