Summary sheet
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.
Contributing to
- improving overall business productivity in Brazil,
- supporting two European companies with a strategic presence in Latin America and
- supporting the European Commission policy and objective of promoting the adoption of open international telecommunications standards as GSM.
Compliance with local and national regulation will be verified during appraisal and complete environmental details will be assessed.
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.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).
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