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Home - Bank approves loan for Colombia cellular equipment
Archived ArticlesCarriers

Bank approves loan for Colombia cellular equipment

by RCR Wireless News June 11, 2004
written by RCR Wireless News June 11, 2004 Share
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WASHINGTON-The Export-Import Bank of the United States approved a $15 million long-term loan guarantee to support the sale by U.S. suppliers of cellular equipment, software and services to Colombia Movil, a wireless carrier in Colombia.

Suppliers of the contract include Hewlett-Packard Co., Portal Software Inc., Siebel Systems Inc., Oracle Corp., Intec Telecom Systems and Tibco Software.

Colombia Movil is a new operator in Colombia and will use the technology for a combined operations and business support system for its cellular network.

“Colombia is a market that offers many opportunities for U.S. exporters,” said Ex-Im Bank Chairman Philip Merrill.

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