Vivo Participacoes, the Brazilian fixed and mobile group controlled by Telefonica of Spain, has signed a memorandum of understanding (MoU) with AINMT Holdings to explore the possibility of setting up a Long Term Evolution (LTE) network in the 450MHz band. The vendor operates in Sweden, Norway and Denmark, and under the MoU, will work with Vivo to help it to provide voice and mobile broadband services in rural parts of Brazil.
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OVETEL Vivo signs MoU to develop 450MHz LTE in Brazil
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