Net keeps charging the extra point to Pay TV
This article was translated by an automatic translation system, and was therefore not reviewed by people.
The Director Financial and Investor Relations of Net, João Adalberto, Jr., said today that the company maintains a collection of extra point of his service to cable TV as there is a final decision on the matter.
"The Net continues its policy of practicing recovery supported by an injunction from Justice," explained the executive. The injunction was obtained in June of last year by the Brazilian Association of pay TV (ABTA), allowing the collection.
The company's director general, José Antônio Félix, said the Net is looking at the resolution of the National Telecommunications Agency (Anatel) published last week in the Diário Oficial da União (DOU), which determined the order of recovery of the extra point Pay TV. "On this issue, we are studying the resolution of Anatel. When we have a conclusion, we express ourselves," said the executive.
The CFO also noted that the decision be appealed by Anatel's Cable TV operators. "We do not know exactly what will happen when we have a clarification on the broader issue," he added.
Recently the Net announced the release of Securities Commission (CVM) stating that recovery of the extra point represents 15% to 20% of EBITDA (English acronym for earnings before interest, taxes, depreciation and amortization) of the company, and between 4% and 5% of gross revenues.
Source: State Agency
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Important:
The JurisWay site does not interfere in the work provided by doctrine, why only reflect the opinions, ideas and concepts of their authors.
