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Oi considers takeover bid for TIM Brasil

2014-08-27 08:49:00| Telecompaper Headlines

(Telecompaper) Brazilian operator Oi announced it's considering a takeover bid for rival TIM Brasil. Oi said it hired Banco BTG Pactual to review its options for a bid for the Telecom Italia subsidiary. The announcement comes as Telecom Italia is looking at its own acquisition in Brazil, of broadband operator GVT, owned by Vivendi. Earlier this year it reportedly considered breaking up TIM in a sale to other operators. Telecom Italia's largest shareholder Telefonica is under pressure from Brazilian regulators to resolve its holdings in the country, as it also controls the largest mobile operator, Vivo. 

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Oi mulls bid for TIM Brasil

2014-08-27 02:00:00| Total Telecom industry news

Brazilian telco hires bank to advise on possible offer for Telecom Italia's local unit.

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Telefonica's new GVT bid will not reach 8bn

2014-08-27 02:00:00| Total Telecom industry news

Source claims Spanish telco will beat Telecom Italia's offer for Brazilian firm, but will not be as high as some have predicted.

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AT&T's DirecTV bid nearing approval - NY Post

2014-08-26 11:11:52| Telecom - Topix.net

AT&T Inc, has reached a tentative deal with antitrust regulators to pave the way for it to buy DirecTV, the New York Post reported, citing unspecified sources.

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Amazon tops Google's bid to buy Twitch, report says

2014-08-26 05:32:32| IT Services - Topix.net

Twitch, the San Francisco-based computer game livestreaming company co-founded and run by Emmet Shear, has reportedly agreed to a buyout offer from Amazon that topped one from Google.

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