Brazil’s president, Jair Bolsonaro, has signed a law modernising Brazil’s telecoms regulations in a move long expected by the industry to allow new investment opportunities and help salvage bankrupt carrier Oi, reports Reuters. “The law, which took 5 years to clear Congress, will boost telecoms companies by lifting restrictions on sales of their formerly state-owned assets.
It will also allow for a secondary market for trading cellphone frequencies. Fixed-line concession holders will be allowed to migrate their licenses to a private regime in which they can more freely allocate investments to expand broadband services.” “Fixed-line companies got a pathway out of the over-regulated concession regime, while cellphone companies can now trade frequencies,” said Ricardo Tavares, CEO of TechPolis, a telecoms policy consulting company.
Satellite companies will be able to apply directly for frequencies, as opposed to through auctions. “This law gave President Bolsonaro a chance to build his deregulation credentials in a sector that badly needed it,” Tavares said. Telecoms association SindiTelebrasil praised the removal of “obsolete” restrictions that will free up resources for the expansion of internet access for Brazilians. “The new legal framework for telecoms will finally put Brazil on the road to the digital economy,” the lobby group said in a statement. Read more
Brazil’s president, Jair Bolsonaro, has signed a law modernising Brazil’s telecoms regulations in a move long expected by the industry to allow new investment opportunities and help salvage bankrupt carrier Oi,.
We give innovators and regulators a forum in which to explore, debate and agree the best policies and regulatory frameworks for widest societal benefit.
Insight: Exchange: Influence
We give members a voice through conferences, symposiums and private meetings, as well as broad exposure of their differing viewpoints through articles, reports and interviews.
The new website will make it easier for you to gather fresh insights, exchange views with others and have a voice in the debateTake a look Learn more about our updates
You are seeing this because you are using a browser that is not supported. The International Institute of Communications website is built using modern technology and standards. We recommend upgrading your browser with one of the following to properly view our website:Windows
Please note that this is not an exhaustive list of browsers. We also do not intend to recommend a particular manufacturer's browser over another's; only to suggest upgrading to a browser version that is compliant with current standards to give you the best and most secure browsing experience.