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Tag: telefonica
EU court says Telefonica fine should be reviewed
2013-09-26 02:00:00| Total Telecom industry news
Spanish incumbent fined 151.9 million in 2007 for blocking rival ISPs.
Tags: should
fine
court
reviewed
Telefonica, Telecom Italia may be forced to sell some Brazil assets
2013-09-25 02:00:00| Total Telecom industry news
Spanish operator's deal with Telco causes competition concern for Brazilian comms minister.
Tags: sell
italia
brazil
forced
Telefonica, Italian partners renew TI shareholder agreement
2013-09-24 10:14:00| Telecompaper Headlines
(Telecompaper) Telefonica has reached an agreement with its Italian partners, Mediobanca, Intesa Sanpaolo and Generali, to maintain their shareholder agreement with regard to Telecom Italia and to reinforce the balance sheet of Telco, the holding vehicle which owns 22.4 percent of Telecom Italia. The agreement provides for a capital increase in Telco, by issuing Class C shares without voting rights, which Telefonica will subscribe fully for a total amount of EUR 324 million. Simultaneously, Telefonica will reach 70 percent of the bond issued by Telco for a total purchase price of EUR 424 million, paid for with existing treasury stock. Telefonica thus increases its stake in Telco to 66 percent, while maintaining its existing voting rights at 46.2 percent.
Tags: agreement
partners
italian
renew
Telefonica strengthens grip on Telecom Italia: source
2013-09-24 05:41:49| Telecom - Topix.net
Spanish telecoms company Telefonica has agreed to hike its stake in rival Telecom Italia , a source close to the deal said, ending months of speculation on the future of the debt-laden Italian group and opening the way to asset sales.
Tags: source
italia
telecom
grip
Telefonica, Italian shareholders agree to recapitalise Telco
2013-09-24 02:00:00| Total Telecom industry news
Spanish operator will gradually take over Telecom Italia's largest shareholder.
Tags: agree
italian
shareholders
telefonica
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