Vivo Cellular Project

Projektträger – zwischengeschaltetes Finanzinstitut

The promoter, Vivo S.A., is a joint venture between Portugal Telecom and Telefónica S.A.

Ort

• Brasilien

Beschreibung

The project concerns investments for the expansion and upgrade of an existing cellular mobile telecommunications network in Brazil. The project includes the building of a GSM-overlay network and the expansion of the existing CDMA network, together with the related investments in infrastructure, OSS and IT systems.

Ziele

Contributing to

1. improving overall business productivity in Brazil,
   
2. supporting two European companies with a strategic presence in Latin America and
   
3. supporting the European Commission policy and objective of promoting the adoption of open international telecommunications standards as GSM.

Sektor(en)

• Telekommunikation

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

Up to EUR 250 million.

Gesamtkosten (voraussichtlicher Betrag)

To be defined.

Umweltaspekte

Compliance with local and national regulation will be verified during appraisal and complete environmental details will be assessed.

Auftragsvergabe

The promoter is a private company providing its services in a liberalized market, and is therefore exempt from utility type regulations. The Bank will require the promoter to ensure that implementation of the project will be done in compliance with the Bank’s procurement guidelines.

Projektstatus

Unterzeichnet - 31/10/2007