Wireless Network Financing in Hungary

Delphos structured and arranged a $209,000 grant through the USAID Capital Development Initiative for US WEST who became a partner in WESTEL Radiotelefon, a joint venture with the Hungarian Telecommunications Company, and which is today T-Mobile.  The project involved the operation of the first cellular telephone system in Central Europe.  The grant supplemented a $105 million commitment for loans and equity from OPIC and IFC to develop an action plan to re-finance and operate the new GSM system.

Details

Category

  • Telecom, Media and Technology

Client Name

US West

Services Provided

  • Capital Raising

Region

  • Central & Eastern Europe

Country

  • Hungary