U.S. to fund Brazil’s purchase of Ericsson and Nokia 5G devices

The U.S. government has offered to fund Brazilian operators to buy 5G equipment from Ericsson and Nokia, and has stepped up efforts to persuade allies not to use Equipment from Chinese suppliers, the Sao Paulo Page reported. The aid will be provided by the U.S. International Development Finance Corporation (IDFC), Todd Chapman, the U.S. ambassador to Brazil, said in an interview with an interpreter. It is a government-run bank that invests in energy, health care, critical infrastructure and technology projects to advance the national interest.

He said discussions were under way with officials from Brazil and other countries.

It is the latest move by the US to pressure its allies to exclude Huawei from its telecommunications network, citing so-called “national security concerns”.

Huawei vehemently denies that it poses a threat.

In October 2019,media reported that U.S. officials were considering providing money to Ericsson and Nokia to enable them to offer more attractive terms to potential customers.

Jair Bolsonaro, Brazil’s president, said this week that the government would take security and foreign policy and economic considerations into account when formulating a 5G strategy.

U.S. to fund Brazil's purchase of Ericsson and Nokia 5G devices