The Brazilian Senate has approved a law that allows telecommunications operators and foreign companies to provide cable TV services in the country. The measure is now awaiting the approval of President Dilma Rousseff.

Under the new law, America Movil would be able to exercise the option it has to acquire control of voting rights in Net Servicos, Brazil’s largest cable TV operator. America Movil already owns 49 per cent of the voting rights and a 92 per cent financial shareholding in Net. Oi, which is 26.5 per cent owned by Portugal Telecom, will be able to offer TV services through its telephone network.

Other posts by :

1. Safran Space links laser direct to satellite
2. SpaceX fearful of AST SpaceMobile’s potential?
3. Equatys wants 2,800 new satellites
4. FCC eyes freeing up Weird Space Stuff spectrum
5. SES happy with releasing 160MHz of spectrum for 5G
6. Inmarsat “likely to win appeal” over Ligado/AST action
7. FCC seeks fair play over foreign satellite access
8. Bank raises RocketLab target price
9. Paramount throws kitchen sink

Categories: Articles, Broadcast, Cable, Telco