As the country's major telecom players release Q3 financial results, BNamericas takes a look at where the investments are flowing.
Google Play has recorded 1bn monthly installs from Latin American users, and revenue from app subscriptions in the region has increased exponentially.
TIM and Ericsson had already launched the Latin America's first commercial NB-IoT network in March, also in Brazil's Minas Gerais state.
Uncertainty abounds among Brazil's officials about the technology plans of president-elect Jair Bolsonaro's incoming administration. Meanwhile, the fate of an industry 4.0 program and the national IoT plan hangs in the balance.
Brazil's increased caps have made Nextel a potential M&A target, as NII Holdings reportedly hired Rothschild & Co as financial advisers to sell the asset.