EX-4.22 3 dp53707_ex4022.htm EXHIBIT 4.22
 
Exhibit 4.22
 
English Language Summary
 
Authorization Agreement for radiofrequency blocks associated with the National Mobile Service – Termo de Outorga de Uso de Blocos de Radiofrequências associadas do Serviço Móvel Pessoal - SMP Nº 138/2014
 
Parties:
Telefônica Brasil S.A., as authorizee, and Agência Nacional de Telecomunicações (ANATEL), as grantor.
   
Date:
December 2, 2014
   
Term:
15 years
   
Purpose:
Authorization to provide service in radiofrequency blocks associated with the national mobile service, under the private regime.
   
Area:
States of Rio de Janeiro, Minas Gerais, Espírito Santo, Bahia, Sergipe, Alagoas, Pernambuco, Paraíba, Rio Grande do Norte, Ceará and Piauí.
   
Amount:
The amount owed under the grant is R$1,719,838,447.08.
   
Penalty:
Breach of the Authorization Agreement and applicable regulations to Multimedia Communication Services may result in administrative proceedings by ANATEL, the application of warning sanctions, fines, temporary suspension or revocation of licenses.