Ecuador: Employees of Claro, Movistar concerned over proposed reduction by government in profit sharing

Posted on August 11, 2014 • Filed under: Business, Ecuador, Politics reported employees of Claro and Movistar are concern about not knowing how they will cover their debts of housing or educational and upset by the statements of President Rafael Correa, in which questions that profits of telecommunications companies are fruit of its productivity, marked the day of workers of enterprises Movistar and Claro.

They reject reform bill to the Telecommunications Act, which proposes the reduction of 80% of its profits (from 15% to 3%), because they consider that violates their rights of workers. Yesterday a group of employees of clearing was agreement to go to work with black t-shirts to “reject the reform that you want to apply the Government”, according to Estefania Mantilla, one of the organizers of this initiative.

Bryan Zambrano. In an interview with Direct contact, he emphasized that the Government supports the draft law in article 328 of the Constitution – which allows in an exceptional way to regulate the percentage of participation in profits in companies that exploit non-renewable natural resources-, and opposed that resolution number six of the (Constitutional) Court has said that the spectrum does not fit into this figure. Read Article

Share This Story
  • Print
  • Digg
  • StumbleUpon
  • Facebook
  • Yahoo! Buzz
  • Twitter
  • Google Bookmarks
  • Add to favorites
  • email