IBOV 177,003 ▼ 0.49% IPSA 10,929 ▼ 1.15% IPC MEX 66,489 ▼ 0.01% MERVAL 3,277,005 ▼ 0.10% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▼ 0.09% USD/BRL5.13▲ 0.44% USD/MXN17.50▲ 0.17% USD/CLP927.26▲ 0.26% USD/COP3,237▼ 0.27% USD/PEN3.40▲ 0.16% USD/ARS1,487▼ 0.03% USD/UYU 40.22 — 0.00% USD/PYG6,045▼ 0.17% USD/BOB10.35▲ 2.07% USD/DOP58.37▼ 0.19% USD/CRC448.53▼ 0.06% USD/GTQ7.62▼ 0.10% USD/HNL26.73▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▼ 0.25% USD/TTD6.74▼ 0.12% EUR/BRL5.85▲ 0.49% BRENT 79.59 ▲ 4.71% WTI 74.76 ▲ 4.69% IRON ORE 161.91 — — COPPER 6.34 ▲ 1.72% GOLD 4,023 ▼ 1.97% SILVER 58.33 ▼ 2.47% SOY 1,196 ▼ 0.04% CORN 467.00 ▲ 6.62% WHEAT 637.75 ▲ 0.91% COFFEE 331.95 ▼ 3.22% SUGAR 14.68 ▼ 1.34% ORANGE JUICE 138.00 ▼ 6.66% COTTON 82.94 ▲ 3.78% COCOA 5,737 ▼ 3.07% BEEF 231.38 ▼ 1.63% CATTLE 357.23 ▲ 0.74% LITHIUM 70.71 ▼ 2.23% PETR4 40.55 ▲ 2.27% VALE3 73.45 ▼ 0.98% ITUB4 44.02 ▼ 0.63% BBDC4 18.90 ▲ 0.21% ABEV3 15.97 ▲ 0.95% BBAS3 20.38 ▼ 0.97% B3SA3 15.19 ▼ 1.49% WEGE3 45.01 ▼ 3.23% PRIO3 56.12 ▲ 1.21% SUZB3 41.70 ▲ 0.36% RENT3 40.55 ▼ 1.34% AZZA3 18.96 ▼ 0.73% CSAN3 3.98 ▼ 2.21% RAIZ4 0.34 ▼ 2.86% PCAR3 2.61 ▼ 4.40% GMAT3 3.97 — 0.00% PSSA3 54.51 ▼ 0.84% CVCB3 1.26 ▲ 0.80% POSI3 3.91 ▼ 1.51% SLCE3 14.00 ▼ 0.14% NATU3 8.66 ▼ 0.23% BRKM5 6.73 ▲ 1.51% RANI3 8.01 — 0.00% CSNA3 5.25 ▲ 1.35% CMIN3 5.45 ▲ 4.21% USIM5 8.46 ▲ 0.12% GGBR4 23.00 ▼ 0.04% ENEV3 27.19 ▼ 1.31% CPFE3 47.13 ▼ 1.55% CMIG4 11.21 ▼ 1.49% EQTL3 40.34 ▼ 1.39% LREN3 14.36 ▼ 1.78% VIVT3 35.56 ▼ 0.53% RAIL3 14.18 ▼ 1.25% KLABIN 17.62 ▲ 0.46% RAIA DROGASIL 18.54 ▼ 1.23% RDOR3 35.82 ▼ 0.56% HAPV3 10.60 — 0.00% FLRY3 16.36 ▼ 0.37% SMTO3 16.59 ▲ 1.34% UGPA3 31.05 ▲ 1.11% VBBR3 33.45 ▲ 1.36% BBSE3 40.26 ▼ 0.22% BPAC11 58.20 ▼ 0.90% CURY3 33.80 ▼ 1.20% AERI3 2.07 ▼ 0.96% VIVARA 23.28 ▼ 1.06% COMPASS 25.33 ▼ 0.67% VAMOS 3.02 ▼ 1.31% SANB11 27.34 ▼ 1.01% ASAI3 8.84 ▼ 0.34% SBSP3 30.77 ▼ 1.09% WALMEX 49.60 ▲ 0.57% GMEXICO 198.66 ▼ 0.29% FEMSA 226.90 ▲ 1.61% CEMEX 21.73 ▼ 0.59% GFNORTE 185.08 ▼ 0.81% BIMBO 56.04 ▼ 0.11% TELEVISA 9.59 ▼ 1.44% AMX 23.11 ▲ 1.81% GAP 412.08 ▼ 0.09% ASUR 280.95 ▼ 1.46% OMA 234.49 ▼ 0.84% KOF 182.36 ▲ 1.23% GRUMA 283.46 ▼ 0.03% KIMBER 38.24 ▲ 0.45% SQM-B 67,294 ▼ 0.67% COPEC 6,080 ▼ 0.96% BSANTANDER 78.01 ▼ 1.25% FALABELLA 5,900 ▼ 0.08% ENELAM 84.61 ▼ 0.93% CENCOSUD 2,050 ▲ 0.24% CMPC 1,102 ▼ 0.64% BANCO CHILE 185.99 ▼ 1.53% LATAM AIR 25.40 ▼ 3.27% YPF 76,750 ▲ 3.16% GGAL 8,260 ▼ 0.90% PAMPA 5,250 ▲ 1.35% TXAR 667.00 ▼ 0.60% ALUAR 979.00 ▲ 0.36% TGS 9,675 ▲ 0.83% CEPU 2,384 ▼ 0.50% MIRGOR 17,200 ▼ 0.29% COME 45.60 ▼ 0.68% LOMA NEGRA 3,523 ▼ 1.67% BYMA 310.50 ▼ 1.11% TELECOM ARG 4,220 ▼ 0.59% ECOPETROL 15.65 ▲ 0.45% BANCOLOMBIA 81.99 ▼ 1.16% GRUPO AVAL 5.01 ▼ 1.18% CREDICORP 396.93 ▼ 0.97% SOUTHERN COPPER 179.15 ▲ 1.89% BUENAVENTURA 29.83 ▼ 0.57% MERCADOLIBRE 1,875 ▲ 1.20% NUBANK 13.73 ▼ 0.25% XP 16.56 ▼ 2.16% PAGSEGURO 9.35 ▲ 1.03% STONE 11.15 ▼ 0.58% GLOBANT 31.38 ▲ 4.74% TECNOGLASS 43.39 ▼ 1.17% GAP AIRPORT 234.93 ▼ 0.30% ASUR 280.95 ▼ 1.46% OMA AIRPORT 106.92 ▼ 1.04% AMX ADR 26.36 ▲ 1.33% FEMSA ADR 129.51 ▲ 1.45% CEMEX ADR 12.42 ▼ 0.52% PETROBRAS ADR 17.67 ▲ 1.99% VALE ADR 14.33 ▼ 0.93% ITAU ADR 8.59 ▼ 0.37% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.10 ▲ 0.81% CSN 1.03 ▲ 1.49% GERDAU 4.52 ▲ 0.33% LATAM ADR 54.87 ▼ 2.80% BTC 62,531 ▼ 1.92% ETH 1,773 ▼ 1.80% SOL 75.91 ▼ 1.25% XRP 1.07 ▼ 1.10% BNB 569.09 ▼ 0.85% ADA 0.16 ▼ 1.52% DOGE 0.07 ▼ 0.51% AVAX 6.65 ▲ 3.87% LINK 7.94 ▼ 0.68% DOT 0.83 ▼ 1.09% LTC 43.39 ▼ 1.32% BCH 238.19 ▼ 0.74% TRX 0.33 ▼ 1.65% XLM 0.18 ▼ 1.72% HBAR 0.07 ▼ 0.49% NEAR 1.95 ▲ 3.30% ATOM 1.54 ▼ 1.28% AAVE 95.48 ▼ 1.63% SELIC 14.25% EMBRAER 83.02 ▼ 1.87% EMBRAER ADR 64.72 ▼ 1.95% JBS 11.86 ▼ 0.46% JBS BDR 60.63 ▼ 0.25% MBRF3 15.12 ▼ 2.77% MBRFY 2.92 ▼ 3.31% INTER 5.66 ▼ 2.84% EGX 52,608 ▲ 0.67% USD/ZAR16.40▲ 0.48% USD/NGN1,378▼ 0.05% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY162.37▲ 0.40% USD/CNY6.77▼ 0.13% DAX 25,109 ▲ 0.17% CAC 8,367 ▲ 0.33% FTSE 10,503 ▲ 0.06% MIB 52,830 ▲ 0.41% IBEX 19,380 ▼ 0.02% STOXX 640.97 ▼ 0.02% EUR/USD1.14▲ 0.04% GBP/USD1.34▼ 0.10% SPX 7,557 ▼ 0.24% DJI 52,662 ▲ 0.05% NDX 29,513 ▼ 1.05% RUT 2,965 ▼ 0.43% TSX 35,308 ▲ 0.01% VIX 16.10 ▲ 7.12% USD/CAD1.41▼ 0.13% US10Y 4.5850 ▲ 0.35% IBOV 177,003 ▼ 0.49% IPSA 10,929 ▼ 1.15% IPC MEX 66,489 ▼ 0.01% MERVAL 3,277,005 ▼ 0.10% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▼ 0.09% USD/BRL 5.13 ▲ 0.44% USD/MXN 17.50 ▲ 0.17% USD/CLP 927.24 ▲ 0.26% USD/COP 3,237 ▼ 0.27% USD/PEN 3.40 ▲ 0.16% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 — 0.00% USD/PYG 6,045 ▼ 0.17% USD/BOB 10.35 ▲ 2.07% USD/DOP 58.37 ▼ 0.19% USD/CRC 448.53 ▼ 0.06% USD/GTQ 7.62 ▼ 0.10% USD/HNL 26.73 ▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.15% USD/TTD 6.74 ▲ 1.31% EUR/BRL 5.85 ▲ 0.49% BRENT 79.59 ▲ 4.71% WTI 74.76 ▲ 4.69% IRON ORE 161.91 — — COPPER 6.34 ▲ 1.72% GOLD 4,023 ▼ 1.97% SILVER 58.33 ▼ 2.47% SOY 1,196 ▼ 0.04% CORN 467.00 ▲ 6.62% WHEAT 637.75 ▲ 0.91% COFFEE 331.95 ▼ 3.22% SUGAR 14.68 ▼ 1.34% ORANGE JUICE 138.00 ▼ 6.66% COTTON 82.94 ▲ 3.78% COCOA 5,737 ▼ 3.07% BEEF 231.38 ▼ 1.63% CATTLE 357.23 ▲ 0.74% LITHIUM 70.71 ▼ 2.23% PETR4 40.55 ▲ 2.27% VALE3 73.45 ▼ 0.98% ITUB4 44.02 ▼ 0.63% BBDC4 18.90 ▲ 0.21% ABEV3 15.97 ▲ 0.95% BBAS3 20.38 ▼ 0.97% B3SA3 15.19 ▼ 1.49% WEGE3 45.01 ▼ 3.23% PRIO3 56.12 ▲ 1.21% SUZB3 41.70 ▲ 0.36% RENT3 40.55 ▼ 1.34% AZZA3 18.96 ▼ 0.73% CSAN3 3.98 ▼ 2.21% RAIZ4 0.34 ▼ 2.86% PCAR3 2.61 ▼ 4.40% GMAT3 3.97 — 0.00% PSSA3 54.51 ▼ 0.84% CVCB3 1.26 ▲ 0.80% POSI3 3.91 ▼ 1.51% SLCE3 14.00 ▼ 0.14% NATU3 8.66 ▼ 0.23% BRKM5 6.73 ▲ 1.51% RANI3 8.01 — 0.00% CSNA3 5.25 ▲ 1.35% CMIN3 5.45 ▲ 4.21% USIM5 8.46 ▲ 0.12% GGBR4 23.00 ▼ 0.04% ENEV3 27.19 ▼ 1.31% CPFE3 47.13 ▼ 1.55% CMIG4 11.21 ▼ 1.49% EQTL3 40.34 ▼ 1.39% LREN3 14.36 ▼ 1.78% VIVT3 35.56 ▼ 0.53% RAIL3 14.18 ▼ 1.25% KLABIN 17.62 ▲ 0.46% RAIA DROGASIL 18.54 ▼ 1.23% RDOR3 35.82 ▼ 0.56% HAPV3 10.60 — 0.00% FLRY3 16.36 ▼ 0.37% SMTO3 16.59 ▲ 1.34% UGPA3 31.05 ▲ 1.11% VBBR3 33.45 ▲ 1.36% BBSE3 40.26 ▼ 0.22% BPAC11 58.20 ▼ 0.90% CURY3 33.80 ▼ 1.20% AERI3 2.07 ▼ 0.96% VIVARA 23.28 ▼ 1.06% COMPASS 25.33 ▼ 0.67% VAMOS 3.02 ▼ 1.31% SANB11 27.34 ▼ 1.01% ASAI3 8.84 ▼ 0.34% SBSP3 30.77 ▼ 1.09% WALMEX 49.60 ▲ 0.57% GMEXICO 198.66 ▼ 0.29% FEMSA 226.90 ▲ 1.61% CEMEX 21.73 ▼ 0.59% GFNORTE 185.08 ▼ 0.81% BIMBO 56.04 ▼ 0.11% TELEVISA 9.59 ▼ 1.44% AMX 23.11 ▲ 1.81% GAP 412.08 ▼ 0.09% ASUR 280.95 ▼ 1.46% OMA 234.49 ▼ 0.84% KOF 182.36 ▲ 1.23% GRUMA 283.46 ▼ 0.03% KIMBER 38.24 ▲ 0.45% SQM-B 67,294 ▼ 0.67% COPEC 6,080 ▼ 0.96% BSANTANDER 78.01 ▼ 1.25% FALABELLA 5,900 ▼ 0.08% ENELAM 84.61 ▼ 0.93% CENCOSUD 2,050 ▲ 0.24% CMPC 1,102 ▼ 0.64% BANCO CHILE 185.99 ▼ 1.53% LATAM AIR 25.40 ▼ 3.27% YPF 76,750 ▲ 3.16% GGAL 8,260 ▼ 0.90% PAMPA 5,250 ▲ 1.35% TXAR 667.00 ▼ 0.60% ALUAR 979.00 ▲ 0.36% TGS 9,675 ▲ 0.83% CEPU 2,384 ▼ 0.50% MIRGOR 17,200 ▼ 0.29% COME 45.60 ▼ 0.68% LOMA NEGRA 3,523 ▼ 1.67% BYMA 310.50 ▼ 1.11% TELECOM ARG 4,220 ▼ 0.59% ECOPETROL 15.65 ▲ 0.45% BANCOLOMBIA 81.99 ▼ 1.16% GRUPO AVAL 5.01 ▼ 1.18% CREDICORP 396.93 ▼ 0.97% SOUTHERN COPPER 179.15 ▲ 1.89% BUENAVENTURA 29.83 ▼ 0.57% MERCADOLIBRE 1,875 ▲ 1.20% NUBANK 13.73 ▼ 0.25% XP 16.56 ▼ 2.16% PAGSEGURO 9.35 ▲ 1.03% STONE 11.15 ▼ 0.58% GLOBANT 31.38 ▲ 4.74% TECNOGLASS 43.39 ▼ 1.17% GAP AIRPORT 234.93 ▼ 0.30% ASUR 280.95 ▼ 1.46% OMA AIRPORT 106.92 ▼ 1.04% AMX ADR 26.36 ▲ 1.33% FEMSA ADR 129.51 ▲ 1.45% CEMEX ADR 12.42 ▼ 0.52% PETROBRAS ADR 17.67 ▲ 1.99% VALE ADR 14.33 ▼ 0.93% ITAU ADR 8.59 ▼ 0.37% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.10 ▲ 0.81% CSN 1.03 ▲ 1.49% GERDAU 4.52 ▲ 0.33% LATAM ADR 54.87 ▼ 2.80% BTC 62,531 ▼ 1.92% ETH 1,773 ▼ 1.80% SOL 75.91 ▼ 1.25% XRP 1.07 ▼ 1.10% BNB 569.09 ▼ 0.85% ADA 0.16 ▼ 1.52% DOGE 0.07 ▼ 0.51% AVAX 6.65 ▲ 3.87% LINK 7.94 ▼ 0.68% DOT 0.83 ▼ 1.09% LTC 43.39 ▼ 1.32% BCH 238.19 ▼ 0.74% TRX 0.33 ▼ 1.65% XLM 0.18 ▼ 1.72% HBAR 0.07 ▼ 0.49% NEAR 1.95 ▲ 3.30% ATOM 1.54 ▼ 1.28% AAVE 95.48 ▼ 1.63% SELIC 14.25% EMBRAER 83.02 ▼ 1.87% EMBRAER ADR 64.72 ▼ 1.95% JBS 11.86 ▼ 0.46% JBS BDR 60.63 ▼ 0.25% MBRF3 15.12 ▼ 2.77% MBRFY 2.92 ▼ 3.31% INTER 5.66 ▼ 2.84% EGX 52,608 ▲ 0.67% USD/ZAR 16.39 ▲ 0.28% USD/NGN 1,378 ▲ 0.15% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,211 ▲ 0.02% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY 162.30 ▲ 0.39% USD/CNY 6.7682 ▲ 0.02% DAX 25,109 ▲ 0.17% CAC 8,367 ▲ 0.33% FTSE 10,503 ▲ 0.06% MIB 52,830 ▲ 0.41% IBEX 19,380 ▼ 0.02% STOXX 640.97 ▼ 0.02% EUR/USD 1.1412 ▼ 0.06% GBP/USD 1.3380 ▼ 0.13% SPX 7,557 ▼ 0.24% DJI 52,662 ▲ 0.05% NDX 29,513 ▼ 1.05% RUT 2,965 ▼ 0.43% TSX 35,308 ▲ 0.01% VIX 16.10 ▲ 7.12% USD/CAD 1.4137 ▼ 0.11% US10Y 4.5850 ▲ 0.35%
since 2009
Monday, July 13, 2026

Brazil Business - Brazil

“We are prepared to fight for 5G in Brazil,” says Ericsson CEO

By · March 30, 2021 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

RIO DE JANEIRO, BRAZIL – The first factory for 5G devices in Latin America is ready. The start of the process was given by Ericsson last week, with the inauguration of the production line at the São José dos Campos plant in São Paulo’s countryside. It is one more step the company has taken to conquer a market disputed by telecom giants.

Ericsson’s investment related to 5G is R$1 billion between 2020 and 2024. According to the company’s president in Brazil, Eduardo Ricotta, planning for the production line took about a year and a half — most of that time in the middle of the Covid-19 pandemic. “From the components to the radios, we will provide for the Brazilian market and Latin America as well.”

One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
The Swedish company’s subsidiary has inaugurated the first factory for 5G devices in Latin America and promises billionaire investment. (Photo internet reproduction)
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

Ricotta recalls that the company has 130 contracts signed regarding the technology and 80 networks in operation worldwide. In South America, the company should start to install the first 5G networks in Chile by the middle of this year.

Ericsson, however, does not disclose data about the production capacity at the São José dos Campos plant and does not have an estimate of how many jobs the new line will generate.

In the race for 5G, the multinational sees other technology giants’ appetite, such as Finland’s Nokia and China’s Huawei, as positive for the market. But it wants a bigger share than the competition. “We are super prepared for any competition, and Ericsson will keep fighting,” says Ricotta.

More speed and innovation

The 5G technology promises greater speed to the internet network in the country. The radio frequency auction, by the National Telecommunications Agency (Anatel), had its rules approved earlier this year and should occur in July.

The forecast is that the new internet frequency will be available throughout 2022, putting new equipment on the market, such as cell phones and smartphones compatible with the technology.

“We are going to have a vast innovation ecosystem. 5G impacts the consumer, but the biggest impact will be on efficiency and cost reduction for companies and several sectors of the economy. This is what we have seen around the world, and it will be no different in Brazil,” says the president.

About to leave Ericsson’s command in the country, Ricotta bets that a successful experience now can also prepare the company to be ahead with 6G in the next generation.

“I believe that the best way to prepare for 6G is to have an significant market share in 5G. One thing is always connected to the other,” he evaluates.

Source: CNN Brasil

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.