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Brazil Congress Approves Communications Budget
Source: www.telecompaper.com
Source Date: Sunday, December 17, 2017
Focus: Thematic Website
Country: Brazil
Created: Dec 18, 2017

Brazil's National Congress approved the budget proposal for 2018 that will see the Ministry of Science, Technology, Innovations and Communications receiving BRL 12.7 billion, reports Teletime. However, excluding personnel and charges, the sum drops to BRL 3.5 billion and only BRL 599.3 million in investments. 

For telecom regulator Anatel, the estimated resources are BRL 614.1 million. State-owned operator Telebras received BRL 130 million for the satellite operations, BRL 19 million for submarine cables and BRL 19 million for the terrestrial network. For the extension of broadband, only BRL 61.2 million was allocated, while BRL 6.5 million would be spent on regulation.
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