In order to fund a new 3G Network build-out, NII Holdings, Inc. [NASDAQ: NIHD] or Nextel Mexico, has taken a $375 Million dollar loan from the China Development Bank. Infrastructure for the 3G Network will be supported by Huawei Technologies Co. Ltd., a global provider of next generation telecommunications network solutions. "The financing has a final maturity of ten years, with a three year drawdown period and a seven year repayment term."
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