Brazil’s foreign trade body cuts LTE equipment taxes

3 Jan 2013

Brazilian foreign trade body Camex has cut the import duties charged on 4G Long Term Evolution (LTE) equipment entering the country to 2%, BNAmericas reports. The announcement was confirmed in Brazil’s official federal gazette, is valid until 30 June 2014, and comes in with immediate effect. The tax cut applies to LTE equipment operating in the 2500MHz band which was sold off by the regulator Anatel in June last year. It will also apply to gear used for 700MHz band services which are due to be auctioned off by Anatel this year for mobile telephony services. The band is currently the preserve of TV broadcast companies.