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Tag: telefonica
Telefonica in talks to sell O2 to Hutchison - report
2015-01-19 09:29:00| Telecompaper Headlines
(Telecompaper) Telefonica is in talks with Hutchison Whampoa about merging their subsidiaries Telefonica UK (O2) and 3 UK, a person with knowledge of the situation told the Financial Times. Telefonica has been examining various options for the future of O2 since summer 2014, and was in talks to acquire EE, which is now in due diligence to be bought by BT. Other potential partners for Hutchison include TalkTalk and Sky, the person said. Telefonica also has the option of floating O2 in the UK. Telefonica has been advised by UBS since last autumn. He added that there was no urgency to strike a deal as BT's acquisition of EE is not likely to be completed until 2016. According to analysts, Telefonica is likely to want over GBP 8 billion for its UK business and is said to prefer cash rather than shares in a merged group given its need to cut its debt. Hutchison Whampoa has been strengthening its European operations and has reached an agreement to buy Telefonica's business in Ireland and was in talks to merge its Italian operations with those of VimpelCom. Telefonica would not comment on the matter and Hutchison Whampoa was not available to comment.
Hutchison Said to Weigh Acquiring O2 in U.K. From Telefonica
2015-01-19 07:42:08| Telecom - Topix.net
Other options Hong Kong-based Hutchison is studying include merging its Italian mobile unit with a local competitor, the people said, asking not to be identified because the deliberations are private. The U.K. plans are at an early stage and no deal is imminent, said the people.
Tags: uk
acquiring
weigh
telefonica
Giffgaff founder leaves Telefonica for customer engagement gig
2015-01-09 01:00:00| Total Telecom industry news
Gav Thompson to take on marketing chief role at Thunderhead.
Tags: customer
leaves
engagement
founder
Anatel approves GVT acquisition by Telefonica
2014-12-23 13:52:00| Telecompaper Headlines
(Telecompaper) Brazil's National Telecommunications Agency (Anatel) has issued conditional approval for the purchase of broadband operator GVT by Telefonica. The conditions include the return of the fixed telephony concessions in areas where the two companies overlap (mainly in Sao Paulo) and a minimum 18 months for GVT to maintain current contracts with its users, reports Reuters. The same deadline will apply for both companies to maintain joint plans and offers. Anatel also established a period of 18 months for the Spanish operator to dispose of its shareholding in Telecom Italia. Anatel also determined that, for 18 months, Telefonica loses rights in the management of Telecom Italia. It was also decided that the planned transfer of shares held by Telefonica in Telecom Italia to Vivendi, as part of the payment for GVT, will have to be resubmitted to the Brazilian regulatory agency. Anatel also approved the entry of Vivendi in the capital of Telefonica Brasil, an operation also included in the purchase of GVT, as well as the payment of EUR 4.66 billion for the broadband operator.
Tags: acquisition
approves
telefonica
anatel
Telefonica Peru, Ericsson to implement LTE project in Amazon
2014-12-18 19:07:00| Telecompaper Headlines
(Telecompaper) Telefonica Peru and Ericsson are implementing a project to provide internet access via 4G LTE technology to governmental entities including schools and healthcare centres, in the Peruvian Amazon during 2015. According to the companies, this is the first project in Latin America to use 4G technology as fixed wireless internet access in remote rural areas with difficult geography.
Tags: project
amazon
implement
peru
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