Brazil’s authorities talked-up the success of its 5G spectrum auction, where big name operators and a handful of other parties pledged to spend a total of BRL47.2 billion ($8.5 billion)…

Bidders in Brazil’s 5G auction committed to spend more than BRL7.1 billion ($1.27 billion) on 5G licences during the first day of the sale, with the local units of Telefonica,…