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Tag: telefonica
Liberty Global, Telefonica to merge O2, Virgin Media in 50-50 joint venture in UK
2020-05-07 08:17:00| Telecompaper Headlines
(Telecompaper) Liberty Global and Telefonica have reached an agreement to merge their UK operations in a 50-50 joint venture. This brings together the country's largest mobile operator O2 UK with cable operator Virgin Media and its MVNO Virgin Mobile.
Telefonica Germany grows revenues, OIBDA in Q1, confirms outlook for 2020
2020-05-06 09:42:00| Telecompaper Headlines
(Telecompaper) Telefonica Germany said its revenues grew by 3.8 percent year-on-year in Q1 to EUR 1.84 billion, in line with expectations. The company confirmed its guidance for the fiscal year 2020, for flat to slightly higher revenues, broadly stable to slightly higher adjusted OIBDA and capex at 17-18 percent of revenues, while continuing to monitor the impact of the Covid-19 crisis.
Tags: germany
outlook
revenues
grows
Telefonica, Liberty Global discuss merger of UK assets O2, Virgin Media - report
2020-05-04 08:55:00| Telecompaper Headlines
(Telecompaper) Telefonica and Liberty Global are discussing a merger of their activities in the UK, bringing together mobile operator O2 UK and the cable operator Virgin Media, people familiar with the matter told Bloomberg. If they reach an agreement, a transaction could be announced in the coming week, the people said.
Tags: report
media
global
discuss
Millicom withdraws from USD 570 mln acquisition of Telefonica Costa Rica
2020-05-04 08:29:00| Telecompaper Headlines
(Telecompaper) Millicom confirmed it has pulled out of a USD 570 million agreement to acquire Telefonica's mobile telecommunications assets in Costa Rica, paving the way for possible legal action from the Spanish operator. In a brief statement, Millicom said it exercised its right to terminate the Share Purchase Agreement (SPA) on the grounds that Telefonica had failed to secure "required regulatory approvals that were agreed by the parties and set forth in the SPA, certain of which have not yet been issued," without providing further details.
Tags: costa
usd
rica
acquisition
Telefonica squabbles with Millicom over Costa Rica unit takeover
2020-04-30 02:00:00| Total Telecom industry news
Back in February 2019, Telefonica signed a significant deal for the sale of its Costa Rican, Panamanian and Nicaraguan units for a total of $1.65 billion. At first, the takeover process went smoothly, with the transfer of the Nicaraguan assets complete by May and the Panamanian unit by August…read more on TotalTele.com »
Tags: unit
costa
rica
costa rica
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