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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; matthew.cowley@dowjones.com

Stock News for Vivo Participacoes S.a. (VIV)
DateTimeHeadline
12/09/201616:14:55Report of Foreign Issuer (6-k)
12/09/201616:11:22Report of Foreign Issuer (6-k)
12/09/201616:07:54Report of Foreign Issuer (6-k)
12/07/201613:51:00Vivendi Exceeded the 25% Shareholding Threshold in Ubisoft
12/07/201613:51:00Vivendi a franchi le seuil de 25 % du capital d’Ubisoft
12/07/201604:13:00Vivendi: Appointment of Caroline Le Masne of Chermont as Head...
12/07/201604:13:00Vivendi : Caroline Le Masne de Chermont, Directrice juridique...
12/06/201605:38:00Vivendi : Information relative au nombre total de droits de vote...
12/01/201612:06:00Vivendi and Harry Shearer
12/01/201612:06:00Vivendi et Harry Shearer
11/25/201613:40:50Report of Foreign Issuer (6-k)
11/23/201602:15:00Vivendi Owns 23.15% of Telecom Italia’s Ordinary Shares
11/23/201602:15:00Vivendi détient 23,15 % des actions ordinaires de Telecom Italia
11/21/201606:12:00Telefonica to Invest BRL24 Billion in Brazil Through 2019
11/21/201606:04:43Report of Foreign Issuer (6-k)
11/17/201612:20:00Vivendi Issues a €600 Million Bond
11/17/201612:20:00Vivendi émet un emprunt obligataire de 600 millions d’euros
11/17/201607:23:24Report of Foreign Issuer (6-k)
11/14/201612:31:00Vivendi, CANAL Group, and EA SPORTS Organize the FIFA 17 Ultimate...
11/14/201612:31:00VIVENDI, LE GROUPE CANAL ET EA SPORTS ORGANISENT LA FIFA 17 ULTIMATE...

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