9 hrs ago
Telecom Italia Said to Weigh Possible Takeover of Oi in Brazil
Telecom Italia, Italy's biggest phone company, has spoken to advisers about using its Brazilian unit Tim Participacoes SA to buy Oi, said the people, who asked not to be identified because the discussions are private. No approach has been made, they said.
9 hrs ago
The Washington Post
Telecom Italia Said to Weigh Oi Takeover to Challenge Telefonica
Telecom Italia SpA is evaluating a potential acquisition of Brazilian carrier Oi SA to challenge Telefonica SA in the largest phone market in Latin America, according to three people familiar with the matter. Telecom Italia, Italy's biggest phone company, has spoken to advisers about using its Brazilian unit Tim Participacoes SA to buy Oi, said the people, who asked not to be identified because the discussions are private.
11 hrs ago
China Telecom POPS up in Amsterdam
China Telecom has expanded its network coverage in Europe through a Point of Presence in TelecityGroup's AMS 5 data centre in Amsterdam. The company will use the connectivity options in the Amsterdam facility - including the presence of the Amsterdam Internet Exchange, AMS-IX to further extend its services in Europe.
Sat Sep 13, 2014
Vivendi's Vincent Bollore Angles To Become Europe's...
Call it European Dis-Union: The battle for supremacy in the Euro TV market continues to heat up with Telefonica scoring a major victory over rival Telecom Italia in its attempts to acquire French media giant Vivendi's Brazilian broadband operator GVT. Got that? While the primary focus of that deal appears to be the rapidly expanding Brazilian market, the real significance is likely to be felt by European TV execs, already bracing for the imminent entry of Netflix into France, Germany, Austria, Switzerland, Belgium and Luxembourg.
Thu Sep 11, 2014
UPDATE 1-TIM Brasil CEO says any sale to rivals would involve high price
A potential sale of TIM ParticipaA A es SA to rivals would involve extraordinary price valuations for Brazil's second-largest wireless carrier, Chief Executive Officer Rodrigo Abreu said on Wednesday. Controlling shareholder Telecom Italia SpA has yet to propose or inform the price it is seeking for TIM ParticipaA A es, commonly known as TIM Brasil, Abreu told reporters in Brasilia.
Wed Sep 10, 2014
Tim Ceo unaware of potential price amid sale speculation
Telecom Italia SpA has yet to propose or inform the price it is seeking for its Brazilian subsidiary, TIM ParticipaA A es SA, the chief executive of the unit said on Wednesday. TIM ParticipaA A es will evaluate any potential takeover bids, Chief Executive Rodrigo Abreu told reporters in Brasilia.
Telecom Italia Braces for Failed Argentine Stake Sale
Telecom Italia SpA is considering creating a new unit to oversee its Latin American business as regulatory approval of a sale of its Argentine asset has become less likely, according to people with knowledge of the matter. The discussions are over a back-up plan in the event Telecom Italia's $960 million disposal of its 22.7 percent stake in Telecom Argentina SA to Mexican financier David Martinez's Fintech Group can't be completed, said the people, who asked not to be identified because the discussions are private.
Telecom Italia sets EUR13bn asking price for TIM Brasil stake
Bloomberg reports that Telecom Italia is asking for at least EUR13 billion for its 67% stake in Brazilian wireless carrier Brasil), valuing the company at around EUR20 billion - or a 73% premium over its stock value on Monday in Sao Paulo.
Thu Sep 04, 2014
Brazilian antitrust regulator to consider joint analysis of...
Following the announcement just a few days ago that French media group Vivendi had entered into exclusive talks to sell its Brazilian broadband, pay-TV and fixed telephony operator Global Village Telecom to Telefonica, Reuters reports that Brazil's antitrust watchdog Cade could examine the deal in tandem with the Spanish telecoms group's proposal to exit Telecom Italia , 'depending on how the deals are presented to regulators'.
Tue Sep 02, 2014
Buenos Aires Herald
Telef nica to exit Telecom after Brazil deal
Telefnica plans to exit Telecom Italia once the Spanish group has finalized the purchase of Vivendi's Brazilian broadband business GVT, ending a long-standing shareholding and easing competition concerns in Brazil.
Telefonica to Sell Telecom Italia Stake, Redrow Profit Surges
Johnson Service net swung to profit after revenue jumped 6%. Redrow profit surged 93% to 103 million.
Eurobites: EC Probes Facebook/WhatsApp Deal
Could the European Commission trip up Facebook 's planned $16 billion acquisition of OTT messaging provider WhatsApp? Antitrust regulators have sent out a questionnaire to Facebook's rivals and other operators asking them whether they think the acquisition, if completed, would lead to a "negative impact" for users of mobile messaging and social ... (more)
Wall Street Journal
What's Holding Up Europe's Mobile Broadband Roll-out?
A pedestrian speaks on a mobile device as she walks past a Telecom Italia SpA store in Rome, Italy, on Tuesday, March 4, 2014.
Mon Sep 01, 2014
The Washington Post
Telefonica's Brazil Stock Sale Means More Room for Acquisitions
Telefonica SA's plan to sell shares in its Brazilian unit to finance the bulk of the 7.45 billion- euro acquisition of broadband provider GVT keeps the Spanish carrier's financing options open for further deals.
Eurobites: Telefonica Gets EC Green Light on E-Plus Deal
Also in today's EMEA regional roundup: Iliad first-half revenues up, plus fresh T-Mobile bid speculation; Liberty Global sniffs around ITV; Vodafone protests net neutrality proposals.
Sun Aug 31, 2014
Telecom It weighs all options to boost Brazil unit -chairman to Corriere
Telecom Italia will consider all options to bolster its Brazilian unit, Tim Partecipacoes, after it lost a battle to buy Brazilian broadband business GVT, Telecom Italia Chairman Giuseppe Recchi told Corriere della Sera.
Sat Aug 30, 2014
Vivendi: Flush With Cash And Focused On Media/Content
Vivendi is flush with cash and owns a 5% stake in music streaming service, Spotify.
Fri Aug 29, 2014
Telecom Italia in a bind after losing GVT bid battle
Telecom Italia has lost a promising path to earnings growth by failing to secure Brazilian broadband business GVT and may now turn from hunter to hunted in a fast-consolidating telecoms industry.
Vivendi enters into exclusive talks with Telefonica for GVT
French media group Vivendi announced yesterday that it has entered into exclusive talks to sell its Brazilian broadband, pay-TV and fixed telephony operator Global Village Telecom to Telefonica for USD9.83 billion.
Thu Aug 28, 2014
Stock Market Review
European stock market, economy and companies update
He added that if true that Russian troops were on Ukraine soil it would be intolerable and unacceptable.