Clipping of news on Brazilian Culture, Law and Citizenship
09/26/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Spanish company will increase investment in Telecom Italia .
Rezende says he wants to be cautious because control will not change now .
The president of the National Telecommunications Agency ( Anatel ) , José Rezende said on Wednesday ( 25 ) that within 30 days will not dwell on the increased share capital of Telefónica in Telecom Italia announced this week . He said the companies did not consult or having consulted Anatel needed because the change does not alter initial capital control .
João Rezende , president of Anatel , participates in a seminar in Sao Paulo on Wednesday ( 25 ) ( Photo : Simone Cunha/G1 )
" Any change in this relationship Telefónica Telecom Italia will first be submitted to the agency for us to do an analysis of the impacts that will occur in the market," he says .
On Tuesday , Telefónica announced that it will increase its stake in Telecom Italia , which controls the TIM in Brazil . With this, the company , which already controls the operator Vivo, TIM also could control .
Rezende said he wants to be cautious on the issue because there is no change in control of the company . " What we have seen so far is just a fact which Telefónica announced an increase in the share of non-voting shares ," he said .
Analysis of Anatel
" What 's lawyers Telefónica told me is that in the coming days will be filing shareholder agreements of what happened in the fact that we do our analysis," he said.
Rezende agreed that the fact says that there is a possibility there is another increase , but said the FCC can only analyze the business after seeing the shareholders' agreement , " which will be filed in the coming days ." " The FCC has to look inside and you will not know what will .
He recalled that the change in the company's capital does not conflict with the resolution of Anatel , 2007 , which authorized Telefónica in Telecom Italia , " provided that it remains non-interference in the affairs of TIM ."
" So much so that he did not protolocaram nenenhum kind of expedient because the FCC does not have to do it, why not change the account control issue ," he said .
Earlier, the counselor Anatel Marcelo Bechara said a possible union between operators Vivo and TIM , due to the increased share capital of Telefónica in Telecom Italia announced this week , is damaging to the Brazilian telecommunications sector , since , together , companies have more than 50 % of the mobile market in the country .
" The shareholders 'agreement has 30 days ( to be reviewed by the FCC ) . Including the legal staff of the TIM has said he will send in the next few days this shareholders' agreement for the agency to do the analysis to see if that agreement, that fact relevant , there is no kind of contradiction in the act of Anatel , "he said .
Rao participates in a seminar held by the Brazilian Association of Service Providers for Competitive Telecommunications , Telcomp in São Paulo .
Source : G1
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This article was translated by an automatic translation system, and was therefore not reviewed by people.