Brazilian telecoms urge postponement of 5G auction this year due to pandemic [Reuters]
Telefonica Brasil S.A. American Depositary Shares (Each representing One Common Share) (VIV)
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Source: Reuters
Brazilian telecoms urge postponement of 5G auction this year due to pandemic RIO DE JANEIRO, April 8 (Reuters) - Brazilian telecommunications firms have urged the government to postpone a spectrum auction for fifth-generation (5G) mobile network this year, citing the impact of the COVID-19 pandemic on Latin America’s largest economy. “In a moment of crisis as such it is difficult to think in a long-term investment,” said Marcos Ferreira, head of industry group SindiTelebrasil in Tuesday evening interview, adding that 5G technology will require heavy investments. SindiTelebrasil represents Brazil’s main carriers Telefonica Brasil SA, TIM Participacoes SA, America Movil’s Claro and Oi SA, among others. Brazilian telecoms regulator Anatel launched public hearings on spectrum availability and other rules for the auction, which is expected to be concluded by April 17. If confirmed, it could mark the world’s largest bandwidth auction for 5G to date. In February, Anatel President Leonardo de
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News
- Telefonica Brasil (NYSE:VIV) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Telefonica Brasil (NYSE:VIV) was downgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "buy (b-)" rating to a "hold (c+)" rating.MarketBeat
- JPMorgan lowers Tim SA to Neutral after 'very strong performance', shares down [Yahoo! Finance]Yahoo! Finance
- Telefonica Brasil (NYSE:VIV) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c+)" rating to a "buy (b-)" rating.MarketBeat
- Telefonica Brasil (NYSE:VIV) had its "overweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
VIV
Earnings
- 2/25/25 - Beat
VIV
Sec Filings
- 11/28/25 - Form 6-K
- 11/28/25 - Form 6-K
- 11/25/25 - Form 6-K
- VIV's page on the SEC website