Brazil's Bolsonaro signs telecoms law to boost sector

The law, which took five years to clear Congress, will boost telecom 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 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 telecom-policy consulting company. …read more

Source:: Yahoo Finance

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