Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

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) 
US:NYSE Investor Relations: telefonica.com.br/ir
Company Research 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 Show less Read more
Impact Snapshot
Event Time:
VIV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
VIV alerts

from News Quantified
Opt-in for
VIV alerts

from News Quantified