The Alliance Dominican Against corruption (Adocco) He greeted on Thursday the decision of the Board of Directors of the Dominican Institute of the Telecommunications (Indotel) that orders the companies Intermerica Broadcasting & Production Company, SA and Trendy, SA, which operate the 7 VHF and 21 UHF channels, adapt their structure operational to the mandate of the Law 153-98 General of Telecommunications to have a Dominican socialitarian control.
The entity ordered the measure for companies through resolution number 006-2025.
The Law 153-98 establishes that companies concessionaires Of public and television diffusion public services, they must have a Dominican majority social control, the resolution of the rector of telecommunications, granted a period of 30 business days, counted from the notification of the resolution.
A press release refers that after a complaint presented by the entity, the Indotel initiate revocation of the concessions granted to the companies mentioned, in view of the fact that they operate in violation of the Law 153-98, since its social control would be under foreign societies, specifically domiciled in the British Virgin and Bahamas.
He Indotel rejected the request for revocation presented by Adoccobut validated the complaintwhich reaffirms the obligation of companies concessionaires If you adjust to the current regulatory framework, establishing the aforementioned resolution, that the Inter-Auto Holding Company, the majority shareholder of Intermerica Broadcasting & Production Company, has an share scheme that does not meet the requirements of the Law 153-98.
This scheme includes majority participation of foreign entities such as Latam Investments Services, Inc., domiciled in the British Virgin Islands.
In the complaint presented by Julio de la Rosa Tiburcio, president of Adoccoestablished that the current structure SHAREHOLD constitutes a contravention of article 73.2 of the law, which requires that the companies of broadcasting are controlled by Dominican or Naturalized Nationals, “we will be vigilant until we achieve full compliance with the resolution and announce that we will take the case to the instance that is necessary.” I end up saying the spokesman of the entity that fights corruption.
