Federal Telecommunications and Broadcasting Law entered into force
13 Aug 2014
On 13 August 2014, the Federal Telecommunications and Broadcasting Law and the Public Broadcasting System Law entered into force. The Federal Telecommunications and Broadcasting Law establishes the regulatory framework for foreign direct investment up to 100% in telecommunications and satellite communications, and up to 49% in the broadcasting sector, subject to reciprocity from the country of the ultimate investor. To obtain a concession for broadcasting services involving the participation of foreign investment, the prior favorable opinion from the National Commission of Foreign Investments is required. The reform is part of the Constitutional Reform in telecommunications, radio and television broadcasting established by a decree that entered into effect on 12 June 2013.
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Type:
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Entry and establishment (Ownership and control)
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Industry:
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Services (Publishing, audiovisual and broadcasting activities)
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Sources:
