Brazil’s TIM Appeals Regulator’s Decision on New Phone Chips

Tim Participacoes SA (TIMP3) has appealed to a federal court a decision by Brazil’s telecommunications regulator, known as Anatel, which banned sales of new phone chips in 18 states and Distrito Federal, the company said in an e-mailed statement sent yesterday.

To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at mlima11@bloomberg.net

To contact the editor responsible for this story: Sylvia Wier at swier@bloomberg.net