YOU ARE AT:Archived ArticlesTIW'S DOLPHIN RAISES $700M FOR BUILDING ESMR IN EUROPE

TIW’S DOLPHIN RAISES $700M FOR BUILDING ESMR IN EUROPE

MONTREAL-Telesystem International Wireless Inc. announced that its wholly owned subsidiary, Dolphin Telecom plc, raised about $700 million in financing it plans to use to deploy enhanced specialized mobile radio networks in Europe.

Proceeds from senior discount note issues, led by CIBC Oppenheimer and Bear, Stearns & Co. Inc., were about $300 million.

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