News
31 October 2024

BNDES backs fibre providers

In:
Telecoms and Communications
Region:
Americas

Brisanet and Alloha, the two largest internet service providers in Brazil, have secured nearly BRL400 million ($69 million) in financing from BNDES to expand their fibre networks.Brisanet was approved BRL200 million in a loan sourced from Fust, the telecoms services fund managed by BNDES. Proceeds...

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