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Brazil's BNDES Lends BRL3 Billion To Telefonica's Vivo

SAO PAULO -(Dow Jones)- Brazil's national development bank, or BNDES, on Tuesday said it has agreed to lend 3 billion Brazilian reais ($1.7 billion) to mobile phone company Vivo SA, a unit of Spain's Telefonica SA (TEF.MC, TEF). The money will be used to extend the coverage of the company's 3G-technology network, as well as increase the capacity of its 2G and 3G networks, BNDES said in a statement. With the 3G network, the company aims to offer mobile internet coverage to more than 85% of Brazilians by the end of this year, according to the statement. Vivo is also planning to extend the main transmission network which provides the backbone for its operations, according to the statement. -By Matthew Cowley, Dow Jones Newswires; +55 11 3544 7082;

Stock News for Vivo Participacoes S.a. (VIV)
11/19/201516:30:03Report of Foreign Issuer (6-k)
11/19/201516:25:37Report of Foreign Issuer (6-k)
11/17/201502:18:00Vivendi: Information at Consob’s Request
11/17/201502:18:00Vivendi : communication à la demande de la Consob
11/12/201506:23:21Report of Foreign Issuer (6-k)
11/11/201512:36:00Vivendi: repurchase of own shares
11/11/201512:36:00Vivendi : rachat d’actions
11/10/201514:03:00Vivendi: Results for the First Nine Months of 2015 in Line with...
11/10/201514:03:00Vivendi : Résultats des neuf premiers mois de 2015 conformes a...
11/05/201516:14:20Report of Foreign Issuer (6-k)
11/04/201516:45:003Q15 Results: Telefonica Brasil S.A.
11/04/201516:30:21Report of Foreign Issuer (6-k)
11/04/201507:25:00Vivendi : Information mensuelle relative au nombre total de droits...
10/27/201520:10:29Telecom Italia, Oi: Brazil needs looser rules before mergers
10/26/201518:30:45Bloomberg: Telecom Italia leaning against $4B offer for TIM tie-up
10/26/201513:08:00Declaration of Intent Concerning Vivendi’s Equity Interest i...
10/26/201513:08:00Déclaration d’intention concernant la participation de Vivendi da...
10/23/201512:10:00Vivendi holds 20.03% of Telecom Italia
10/23/201512:10:00Vivendi détient 20,03 % de Telecom Italia
10/22/201502:44:00Vivendi Increases Its Equity Interest in Ubisoft and Gameloft

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