FEBRUARY 20, 2018 Reuters article:
>Brazil’s major telecoms operators stand to free up hundreds of millions of dollars to invest in technologies like 4G and broadband by unloading unwanted assets, as a push by the sector to overhaul decades-old rules shows signs of paying off.
>Although legislation will be slowed in 2018 because of elections, Communications Minister Gilberto Kassab will lead talks with lawmakers to promote the changes this year, said a person with knowledge of the issue who requested anonymity to discuss internal matters.
>If a bill is approved, it will free up significant cash to expand modern, profitable segments, according to company sources.
This commentary is taken from a BTG Pactual Global Research research report dated 31 October 2016:
Disclosure: I am/we are long VIV.