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Spain's Telefonica makes $9 billion offer to buy Brazilian operator GVT
2014-08-05 12:35:49| Telecom - Topix.net
Spain's telecommunications company Telefonica says it has made a 6.7 billion-euro offer to buy Brazilian operator Global Village Telecom, or GVT, from French media conglomerate Vivendi.
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Telefonica bids BRL 20.1 billion for Vivendi's GVT
2014-08-05 08:58:00| Telecompaper Headlines
(Telecompaper) Telefonica has made a bid to acquire GVT, the Brazilian broadband operator owned by Vivendi, for BRL 11.96 billion cash and a 12 percent stake in the new Telefonica Brasil, after its merger with GVT. Based on the current value of Telefonica Brasil, the offer values GVT at BRL 20.10 billion (EUR 6.70 billion). The 60 percent of the offer in cash would be financed via a capital increase at Telefonica Brasil, subscribed by Telefonica in proportion to its current stake of 74 percent in the company. Telefonica has also offered Vivendi its stake in Telecom Italia as partial payment. Telefonica still holds 1.11 billion shares in the Italian operator, equal to 8.3 percent of its voting rights. Vivendi confirmed it received the offer and the details. While underlining that "none of its subsidiaries are for sale", the French company said its supervisory board would consider the Telefonica offer at its next meeting, in the best interests of its shareholders and the GVT employees.
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Telefonica Leverages Broadcom Technology for Ultra HD IPTV Broadcasts
2014-08-05 06:00:00| Industrial Newsroom - All News for Today
Global Operator Brings 4k Content to Subscribers in Brazil<br /> <br /> SAO PAULO — ABTA 2014 - Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today announced Telefonica, one of the top global telecommunications providers with operations in Europe, Asia, North America and South America, has chosen Broadcom's HEVC-enabled system-on-chip (SoC) technology to deliver Ultra High Definition (Ultra HD) IPTV ...This story is related to the following:Computer Hardware and PeripheralsSearch for suppliers of: Chip Sets
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telefonica
Telefonica makes 6.7bn offer for GVT Brazil
2014-08-05 02:00:00| Total Telecom industry news
Spanish incumbent's bid gives Vivendi option to acquire 8.3% of Telecom Italia.
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brazil
telefonica
Telefonica adds 494,000 pay TV subscribers in 2Q 2014
2014-07-31 10:10:55| Digital TV News
Telefónica (Madrid and NYSE: TEF) has released its second quarter 2014 results. Pay TV access growth was 32% year-on-year in organic terms reaching 4.2 million subscribers at the end of June, with 494 thousand net additions.
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telefonica
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