Agreement on expanding telecommunications network.(Nordea Bank of Denmark)(Brief article) From: Africa & The Middle East Telecom | Date: January 1, 2006 | COPYRIGHT 2006 Information Gatekeepers, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The Nordea Bank of Denmark signed an agreement for a loan of 12.7 million euros (about US$15.2 million) to be used in extending the fiber-optic National Transmission Network of Mozambique's telecommunications company, TDM.

The areas to benefit are Quelimane and Mocuba in the central province of Zambezia, and the northern cities of Nampula and Cuamba.

The agreement formalizing the loan was signed by Deputy Finance Minister Pedro Couto, and the first deputy chai...

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