Telecom Italia SPA Newswire (Page 3)

Comprehensive Real-Time News Feed for Telecom Italia SPA. (Page 3)

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  1. Oi SA - Is The Recent News The Catalyst We Were Waiting For?Read the original story w/Photo

    Monday Nov 3 | Seeking Alpha

    The infusion of cash will improve Oi's financial flexibility, allowing the company to launch a joint bid for TIM Brazil. Oi SA is a telecommunications service provider in Brazil.

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  2. Oi Shares Jump on $8.8 Billion Offer for Portuguese AssetsRead the original story

    Monday Nov 3 | The Washington Post

    ... offer to acquire Tim Participacoes SA, Brazil's second-largest wireless carrier that is controlled by Telecom Italia SpA. Carlos Zenteno, CEO of America Movil's Claro, said last month that the Mexican company had been approached by BTG to bid for ...

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  3. UPDATE 2-Altice offers to buy Portugal Telecom's home business for $8.8 blnRead the original story

    Monday Nov 3 | Reuters

    Telecoms group Altice SA has made a bid worth 7.03 billion euros for the Portuguese operations of Brazil's Oi as Oi unwinds its troubled merger with Portugal Telecom. Altice, controlled by Franco-Israeli billionaire telecoms entrepreneur Patrick Drahi, already owns two small cable companies in Portugal and buying the former state-owned monopoly would vault it into prime position to compete with Vodafone and Optimus.

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  4. Oi Jumps After Receiving $8.8 Billion Bid for Portuguese AssetsRead the original story

    Monday Nov 3 | The Washington Post

    ... offer to acquire Tim Participacoes SA, Brazil's second-largest wireless carrier that is controlled by Telecom Italia SpA. Carlos Zenteno, CEO of America Movil's Claro, said last month that the Mexican company had been approached by BTG to bid for ...

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  5. Oi SA And Portugal Telecom - M&A News Appears To Be ImminentRead the original story w/Photo

    Monday Nov 3 | Seeking Alpha

    A recent report states that Oi SA and two other companies have agreed to acquire Brazil's mobile operator TIM Participacoes to become the third largest telecommunications company in Brazil. A prerequisite for TIM's acquisition is for OIBR to sell Portugal Telecom to one of 6 suitors for about $8.8B.

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  6. Altice makes EUR 7.025B offer for Portugal TelecomRead the original story

    Oct 24, 2014 | Theflyonthewall.com

    America Movil units, Oi near deal to buy Tim Participacoes, Folha reports America Movil units Claro and Vivo and Oi S.A. have agreed to buy Tim Participacoes , the Brazilian subsidiary of Telecom Italia , said Folha de Sao Paulo, which added that while the value of the deal is not finalized it may reach $13B. Under the agreement, Claro should own 40% of TIM, and the other 60% will be split between Vivo and Oi, Folha said.

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  7. Oi Said to Seek at Least $8.8 Billion for Portuguese AssetsRead the original story

    Friday Oct 31 | The Washington Post

    ... that Oi, Telefonica SA and America Movil SAB agreed on an offer to buy the carrier, controlled by Telecom Italia SpA, that values the company at as much as 31.5 billion reais ($12.9 billion). Representatives of Oi, Altice and Telefonica declined to ...

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  8. Different Clouds for Different Needs By @CiscoCloud | @CloudExpo [#Cloud]Read the original story w/Photo

    Friday Oct 31 | WebSphere Journal

    In his General Session at 15th Cloud Expo , Fabio Gori, Director of Worldwide Cloud Marketing at Cisco, will provide answers to big questions: Do you see hybrid cloud as where the world is going? What benefits does it bring? And how does Cisco connect all of these clouds? He will also tell us everything about Intercloud and Cisco investment on it. Speaker Bio: Fabio Gori currently leads World Wide Cloud Marketing as a Director on the Data Center and Cloud Marketing team, covering SP and Enterprise customers across Cisco.

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  9. UPDATE 5-Oi, America Movil, Telefonica to bid for Brazil's TIM, sources sayRead the original story

    Friday Oct 31 | Reuters

    Brazil's Grupo Oi SA, Mexico's America Movil SAB and Spain's Telefonica SA agreed to place a joint bid worth around 32 billion reais for TIM ParticipaA A es SA, two sources with direct knowledge of the matter said on Friday. The companies agreed to present a single offer to minority shareholders and Telecom Italia SpA, which owns about 67 percent of TIM ParticipaA A es, Brazil's No.

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  10. TIM Participacoes, controlling shareholder not aware of rival bidRead the original story

    Friday Oct 31 | Reuters

    TIM ParticipaA A es SA, the Brazilian wireless carrier controlled by Telecom Italia SpA, is not aware of any attempt by its three rivals in the country to place a bid for it and break it up. In a securities filing unveiled on Friday, TIM said neither Telecom Italia nor its board of directors are involved in talks regarding a potential sale of the company.

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  11. Eurobites: Telefonica Eyes Slice of TIM Brazil?Read the original story w/Photo

    Friday Oct 31 | Light Reading

    Also in today's EMEA regional roundup: Hungary abandons data tax; KPN takes control of Reggefiber; EU does cyber-security drill. Telefonica SA is to join forces with America Movil S.A. de C.V. and Brazil's Oi to bid for and then, if successful, divide the spoils of TIM Brasil , Telecom Italia SpA 's Brazilian unit, according to a report in Brazilian newspaper Folha de S. Paulo, cited by Reuters .

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  12. Telecom Italia denies latest Brazil asset sale rumourRead the original story w/Photo

    Thursday Oct 30 | Total Telecom

    The Brazilian press is once again reporting that TIM Brasil's rivals plan to buy it and split its assets between them, but yet again Telecom Italia has dismissed the rumours. "We have not received any offer," for TIM Brasil, Italian financial publication Il Sole 24 Ore quoted the telco's chairman Giuseppe Recchi as saying.

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  13. America Movil, Telefonica, Oi to bid for Brazil's TIM: reportRead the original story w/Photo

    Friday Oct 31 | Reuters

    Mexico's America Movil SAB, Spain's Telefonica SA and Brazil's Grupo Oi SA agreed to place a bid for and to break up TIM ParticipaA A es SA , Brazil's second-largest wireless carrier, Folha de S. Paulo reported on Friday without saying how it obtained the information. According to Folha, the accord between the three companies was not fully finalized, but they agreed in principle to pay 31.5 billion reais for TIM, the Brazilian unit of Telecom Italia SpA.

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  14. Eurobites: Boffins Unveil 7-Core FiberRead the original story w/Photo

    Tuesday Oct 28 | Light Reading

    ... The news leaves the Italian telecom sector in something of a hiatus, as the future of national operator Telecom Italia SpA (NYSE: TI) is anything but certain. (See Telecom Italia Looks Vulnerable .) Speaking of Telecom Italia... The incumbent has ...

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  15. Telecom Italia to sell part of Argentina unitRead the original story

    Sunday Oct 26 | Buenos Aires Herald

    Telecom Italia said yesterday it would sell only part of its majority stake in Telecom Argentina and the rest once the regulator approved its full sale to New York-based fund Fintech, owned by Mexican billionaire David Martnez. The Italian phone group had agreed to sell its controlling stake in Telecom Argentina holding company Sofora to Fintech for US$960 million almost one year ago, but the Argentine telecoms regulator SECOM has been slow to approve the deal.

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  16. UPDATE 1-Telecom Italia to sell part of Argentina unit, awaits regulator for remainderRead the original story

    Oct 25, 2014 | Reuters

    Telecom Italia said on Saturday it would sell only part of its majority stake in Telecom Argentina and the rest once the regulator approved its full sale to New York-based fund Fintech, owned by Mexican billionaire David Martinez. The Italian phone group had agreed to sell its controlling stake in Telecom Argentina holding company Sofora to Fintech for $960 million almost one year ago, but the Argentina telecoms regulator SECOM has been slow to approve the deal.

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  17. Telecom Italia Gives Fintech 30 Months for Argentine DealRead the original story

    Oct 25, 2014 | The Washington Post

    Telecom Italia SpA agreed to give Mexican financier David Martinez 30 months to complete a purchase of a stake in Telecom Argentina SA that has failed to win regulatory approval in almost a year. Martinez's Fintech Group, which agreed in November last year to acquire Telecom Italia's 22.7 percent indirect stake in Telecom Argentina for $960 million, had already received two extensions of a deadline to close the deal, the most recent one of which expired yesterday.

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  18. UPDATE 1-Telecom Italia closer to Brazil mobile tower sale - sourcesRead the original story

    Oct 23, 2014 | Reuters

    Telecom Italia is in advanced talks to sell the mobile phone towers of its Brazilian unit TIM Participacoes and could agree a deal in weeks, three people with direct knowledge of the situation told Reuters. Telecom Italia is aiming to raise 900 million euros from the sale of TIM Brasil's towers but is unlikely to fetch the full ticket, as bids have come in at between 500 million and 600 million euros, the sources said.

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  19. Eurobites: Huawei Plans EU Procurement SurgeRead the original story w/Photo

    Oct 22, 2014 | Light Reading

    ... agreement that enables it to use Angola Cables' subsea assets. (See TeliaSonera IC Hooks Into Angola .) Telecom Italia SpA (NYSE: TI) has won the tender to build a fiber network in the region of Calabria. Around 800,000 households will gain access ...

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  20. TI says enforced networks sale would be illegalRead the original story

    Oct 20, 2014 | TeleGeography CommsUpdate

    The chairman of Telecom Italia says the firm will resist any moves by the government to force it to spin off its networks business, saying such a move would be illegal. Last week a member of parliament revived the idea of a sell-off for the operator's infrastructure, claiming it would help speed up the development of broadband internet networks in the country if the business was under state control.

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