October 19, 2016 / 1:00 PM / in a year

Brazil watchdog sees more telecoms investments with new rules

SAO PAULO, Oct 19 (Reuters) - A planned overhaul of telecommunications industry rules in Brazil should lead to an increasing amount of new investment into the sector, the head of industry watchdog Anatel said on Wednesday.

A draft plan with proposed changes to industry rules should be ready by year-end, and then delivered to Congress for discussion and approval, Anatel President Juarez Quadros said at an event in São Paulo. (Reporting by Ana Mano; Writing by Guillermo Parra-Bernal)

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