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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; [email protected]

Stock News for Vivo Participacoes S.a. (VIV)
DateTimeHeadline
02/24/201713:37:59Report of Foreign Issuer (6-k)
02/24/201708:57:00Press Release: Vivendi
02/24/201708:57:00Communiqué de presse : Vivendi
02/23/201717:48:00Telefonica Brasil S.A. Announces The Filing Of Its Annual Report...
02/23/201717:14:35Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
02/23/201717:07:39Annual and Transition Report (foreign Private Issuer) (20-f)
02/23/201712:37:00Vivendi: 2016 Revenues of €10.819 bn (+0.5%), EBIT of €1.194 bn...
02/22/201707:15:39Report of Foreign Issuer (6-k)
02/22/201706:11:00Telefonica Brasil Fourth-Quarter Net Profit Up 9%
02/22/201706:06:47Report of Foreign Issuer (6-k)
02/22/201706:06:47Report of Foreign Issuer (6-k)
02/22/201706:06:34Report of Foreign Issuer (6-k)
02/21/201718:10:004Q16 Results: Telefônica Brasil S.A.
02/13/201716:30:19Report of Foreign Issuer (6-k)
02/13/201716:27:36Report of Foreign Issuer (6-k)
02/03/201707:54:57Statement of Ownership (sc 13g)
02/03/201706:06:00Vivendi : Information relative au nombre total de droits de vote...
02/01/201705:52:00Vivendi: Marie-Annick Darmaillac Appointed Vice President, Corporate...
02/01/201705:52:00Vivendi : Marie-Annick Darmaillac est nommée Directrice RSE
01/27/201714:58:16Report of Foreign Issuer (6-k)

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