Oil And Gas Companies Will Invest In 5G Acquisition To Accelerate Digital Transition

Oil Industry Wants to Invest in 5G Aiming to Accelerate Digitalization and Achieve Greater Security in Operations

Companies in the oil and gas sector want to invest in the acquisition of 5G, in a technological network that guarantees a rapid digital transition and protects data in their operations, as hacker attacks have become more frequent these days.

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IBP – Brazilian Institute of Oil and Natural Gas, has been meeting with other institutions so that the regulation next year for the auction of new frequency bands brings specific frequencies for the oil and gas sector.

The Anatel – National Telecommunications Agency, along with the ABDI – Brazilian Agency for Industrial Development, signed a contract to conduct tests of the 5G network in Brazil, for exclusive business use.

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What is 5G:

5G technology is the next generation of mobile internet network. The promise is that it will bring even more speed for downloads and uploads, wider coverage, and more stable connections.

The idea is to use the best radio spectrum and allow more devices to access mobile internet at the same time. According to experts, 5G will enable more than 1 million devices to connect per square meter.

The 5G Network in Brazil:

The technology is expected to fully arrive in Brazil only next year. The auction for 5G in the country is set to be the largest radio frequency auction in the country’s history and the largest public offering of capacity for fifth-generation mobile technology in the world.

Originally scheduled for late 2020, the auction was postponed due to the COVID-19 pandemic, according to the Minister of Communications, Fábio Faria (PSD-RN).