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Wireless

Claro Brasil claims 5G auction in 2020 makes no sense

Wednesday 6 May 2020 | 16:52 CET | News
Claro Brasil's CEO Paulo Cesar Teixeira has said that the planned auction of 5G frequencies in 2020 "would not make any sense" in view of the economic uncertainty and impact of the new coronavirus pandemic, reports Teletime.com.br. Speaking on an online conference organised by Futurecom, he pointed out that figures already indicated higher levels of default and bad debts and said that it would be "healthier" to reschedule the auction for early next year. 

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Categories: Mobile & Wireless
Companies: Claro
Countries: Brazil
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