Regulator to hold public consultation on telecoms law amendment

10 Oct 2008

The Brazilian telecoms regulator Anatel plans to hold a public consultation in Brasilia on 16 October to discuss proposed changes to the country’s telecoms law, BNamericas writes citing a statement by the regulator. The country is looking to push through a rule change which would allow telecoms operators to acquire rival telcos which hold concessions in different parts of the country. If passed, the new rules would allow for Oi (Telemar’s) BRL13 billion (USD5.61 billion) purchase of fellow fixed line firm Brasil Telecom (BrT). Anatel has already conducted a series of public discussions on the proposals in Brasilia, Sao Paulo, Recife, Belem, and Porto Alegre.