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Image header Agence Europe
Europe Daily Bulletin No. 7806
Contents Publication in full By article 16 / 43
GENERAL NEWS / (eu) eu/brazil

EIB grants a further (50 million dollar) loan to Tele Nordeste Celular, subsidiary of Telecom Italia in Brazil

Luxembourg, 25/09/2000 (Agence Europe) - The European Investment Bank is granting a further $50 million loan to Tele Celular, company held by the Tele Nordeste Celular Group, subsidiary of Telecom Italia in Brazil. Similar to the $55 million granted in July by the EIB to Tele Leste Celula, subsidiary of Iberdrola and Telefonica, this funding is intended to modernise and develop the mobile telephony network in North-Eastern Barzil, in the framework of the privatization of the...

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