On this Wednesday, the Senate approved a legislative bill that
introduces modifications and creates new investments opportunities
in the Brazilian telecom sector. The text is now pending on
President Bolsonaro's approval.
Such modifications are summarized as follows:
(i) Introduced the possibility of the migration of fixed switched
telephone service concessions (SFTC) to the private system
(authorization), with the significant reduction of the obligations,
and thus, enabling the development of new businesses (focusing on
broadband);
(ii) The end of the limitation of a single extension for the
terrestrial and satelital radio-frequencies spectrum licenses,
included the right of use of the orbital slots;
(iii) Creation of a secondary spectrum market, allowing the
transfer between the telecommunications services providers;
and
(iv) Exclusion of broadcasting companies from payment of the Fund
for Universal Access to Telecommunications Services (FUST);
Part of what is going to be introduced by the new law will depend
on the regulation that will be issued by the National
Telecommunications Agency (ANATEL).
We put ourselves at your disposal to discuss the subject and
clarify eventual doubts.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.