BOLIVIA

摘要

Foley Hoag LLP secured a critical victory for the government of Bolivia when a federal judge held that foreign investors in a recently nationalized company had improperly attached the company s US assets, and issued an order dissolving the attachment. The decision could have major implications in other state-investor disputes in Latin America and elsewhere tied to nationalization of corporate assets. Complete text of Judge Swain s ruling issued July 30 is available on request. BNamericas is reporting that Bolivian cellco Entel Movil is planning to expand its rural coverage to 23 municipalities in the Chuquisaca region. Costs for the expansion are estimated at BOB24 million (USD3.4 million), with the operator expecting to reach approximately 43,000 new potential customers. Further rural rollouts are expected as part of the operator s involvement in the Telefonia Movil Rural programme, a project assisted by the Ministry of Public Works intended to bring mobile and Internet services to rural regions.