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Vivo secures USD772m loan from the BNDES for GSM overlay

Brazil’s national development bank BNDES has approved a BRL1.5 billion (USD772 million) loan for the country’s largest mobile operator Vivo, writes BNamericas. The loan will be used to allow the cellco to complete its GSM overlay project, as well as for other general network improvements. Vivo, a joint venture between Spain’s Telefónica and Portugal Telecom

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Comcel to roll out 3G network

Colombia’s largest cellco by subscribers, América Móvil-owned Comcel, plans to rollout a W-CDMA/HSDPA network ahead of a launch of 3G services in first quarter of 2008. Speaking to local daily Portafolio, Comcel’s president Adrián Hernández said that the operator has already made a formal request to the communications ministry for additional spectrum, and that the

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