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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
04/17/201505:53:37Telefonica Completes EUR3.05 Billion Rights Issue
04/13/201512:43:57Report of Foreign Issuer (6-k)
04/10/201507:26:00Vivendi: Clarification
04/10/201507:26:00Vivendi : précision
04/09/201516:54:38Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
04/09/201512:13:10Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
04/08/201513:46:00Vivendi: Press Release
04/08/201513:46:00Vivendi : communiqué de presse
04/07/201512:01:00Orange et Vivendi entrent en négociations exclusives pour l’acquisition de...
04/07/201512:00:00Orange and Vivendi Enter Exclusive Negotiations for the Acquisition...
04/07/201502:32:00Vivendi : communiqué
04/07/201502:32:00Vivendi: Press Release
04/02/201516:48:00Vivendi: press release
04/02/201516:48:00Vivendi : communiqué
04/02/201503:35:00Vivendi : Information mensuelle relative au nombre total de droits...
03/30/201516:04:41Confidential Treatment Order (ct Order)
03/30/201514:42:07Report of Foreign Issuer (6-k)
03/29/201501:50:499.84% Edge For 5 Technology High Yield, Low Price Stocks In March
03/29/201501:33:5510 Tech Dividend Dogs Deal 14% To 42% March Upsides
03/27/201511:05:40Report of Foreign Issuer (6-k)

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