Nextel Mexico announces US $375 M loan from the China Development Bank to fund 3G network build-out

Nextel Mexico has signed an agreement with China Development Bank (CDB) to receive a US$ 375 million loan in order to acquire 3G network infrastructure from Huawei Technologies Co. Ltd., a global provider of next-generation telecommunications network solutions. The announcement was made July 27 by NII Holdings, Inc.The financing has a final maturity of ten years
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