According to research, most users in the country believe the fifth-generation technology will transform the way they work, study, and play.
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But measures such as tax incentives need to be introduced and issues including lack of skills must be tackled, according to a Deloitte study.
Ten companies have been authorized to build the networks following the auction of the fifth generation spectrum.
A pool of 15 companies and consortia is bidding for the fifth generation spectrum auction, expected to raise nearly $30 billion.
Operators are expected to start offering the service before year-end in larger cities
The public notice for the auction expected to raise over $8 billion, has received the final seal of approval from the country's authorities.
Rodrigo Dienstmann will lead the firm's 5G strategy in the southern part of the region as countries prepare for the roll-out of the fifth-generation spectrum.