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Telecom Italia makes 7bn GVT offer, Telefonica ups bid

2014-08-28 02:00:00| Total Telecom industry news

Battle for Brazilian broadband provider heats up; Telecom Italia acknowledges Oi's interest in TIM Brasil.

Telefonica beats Telecom Italia in battle for GVT

2014-08-28 02:00:00| Total Telecom industry news

Vivendi enters into exclusive sale talks with Spanish incumbent over Brazilian broadband unit; currency fluctuations hit 1H revenue.

Tags: italia battle telecom beats

Telefonica may up GVT offer as Telecom Italia, Vivendi board meetings loom

2014-08-26 02:00:00| Total Telecom industry news

Spanish telco reportedly considering upping Brazil bid to 8 billion, while Italian operator's executives meet with Vivendi's Bolloré.

Tags: board offer italia meetings

Telecom Italia to offer up to EUR 7 bln for GVT - report

2014-08-18 08:53:00| Telecompaper Headlines

(Telecompaper) Telecom Italia is preparing an offer of as much as EUR 7 billion to outbid Telefonica for Vivendi's Brazilian broadband unit GVT, people with knowledge of the plan told Bloomberg. Vivendi would get a 20 percent stake in Telecom Italia and a stake in the entity that combines the two companies' Brazilian units. Telefonica offered EUR 6.7 billion for GVT earlier this month. The Brazilian newspaper Folha de Sao Paulo reported separately that Telecom Italia was set to make an all-stock bid for GVT valued at as much as EUR 7 billion.

Tags: report offer eur italia