Business

Bill to transfer Telecom control advances

Posted: Friday, May 04, 2012 - By Clayton R. Norman
The bill still faces one more round of discussions before being signed into law.

From the print edition

Lawmakers unanimously approved a bill in a first-round vote on Monday that would transfer control of the telecommunications industry from the Environment, Energy and Telecommunications Ministry to the Science and Technology Ministry, according to a statement on the Science and Technology Ministry’s website.

“We heard about the approval of this transfer in the first debate,” Science and Technology Minister Alejandro Cruz said. “We are happy because it is a new responsibility that comes with challenges. We are ready to work immediately on the transition process.”

The bill still faces one more round of discussions before being signed into law. If it is approved, it will be published in the official government newspaper La Gaceta before going into effect.

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