Paulo Bernardo News
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Credit-card payment processor Cielo SA, Brazil’s most profitable company, expects its mobile-payment services venture with Oi SA to generate even higher returns.
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Brazil’s telecommunication regulator Anatel ordered Tim Participacoes SA to suspend its Infinity Day Promotion because of concerns over its quality of service.
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Tim Participacoes SA and Telefonica Brasil SA are poised to be the biggest losers in Brazil’s plan for more competition and improved service among mobile-phone carriers.
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Brazil’s mobile-phone companies, reeling from intensifying regulatory scrutiny, must prepare for more changes as the government puts consumers’ needs ahead of corporate profits, Communications Minister Paulo Bernardo said.
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Brazil’s federal government will lobby against a proposal by state-level officials to more than double taxes on pay-television services from companies such as America Movil SAB and DirecTV.
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Brazilian phone carriers Tele Norte Leste Participacoes SA, Telefonica Brasil SA and America Movil SAB will be forced to share access to their networks with competitors without charging an “abusive” prices, Communications Minister Paulo Bernardo said.
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Brazil’s government plans to cut taxes on domestically manufactured tablet computers as part of a new industrial policy aimed at boosting production of high-end consumer technology goods, Communications Minister Paulo Bernardo said.
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Brazil Planning Minister Paulo Bernardo said his government supports the re-election of Luis Alberto Moreno as president of the Inter-American Development Bank.
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Brazil’s planned telecommunications rate cuts designed to help stimulate economic growth will reduce companies’ revenue, Communications Minister Paulo Bernardo told O Globo newspaper.
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Prices of tablet computers in Brazil may fall as much as 36 percent after the government cuts taxes on their production and sale, Communications Minister Paulo Bernardo told reporters today in Brasilia.
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