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Stephen Eisenhammer, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The bidding season is open for companies looking to invest in the development of 4G technology in Brazil, with the government having set the auction date for June. Companies wanting to get a slice of Brazil’s technological expansion will have to pay R$1.5 billion for a national license alongside the promise of building thousands of antennas up and down the country, each costing R$400,000.

The 4G is a super-fast mobile internet connection that is on average twelve-times faster than its technological predecessor, 3G - the system . . .

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