Saturday, May 28, 2011

(BN) Brazil Senate May Not Vote on TV Until September, Oliveira Says

Bloomberg News, sent from my iPhone.

Brazil Senate May Not Vote on TV Until September, Oliveira Says

May 27 (Bloomberg) -- Brazil's Senate may not vote on a law which would permit telephone operators such as Telefonica SA, Tele Norte Leste Participacoes SA and GVT Holding SA to enter the subscription television market until September, according to Senator Eunicio Oliveira.

The measure, which would also end the restriction of control of television operators to national companies, may not be under discussion until the second half of the year due to other priorities, Oliveira said today by telephone from Fortaleza.

To contact the reporters on this story: Carla Simoes in Brasilia at csimoes1@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

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Mohamed E. Shaheen from iphone

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