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Tag: vivendi
Vivendi close to upping Telecom Italia stake again
2015-10-02 02:00:00| Total Telecom industry news
French conglomerate reportedly aims to raise shareholding to 19%.
Tags: close
italia
telecom
stake
Vivendi increases Telecom Italia stake
2015-09-10 02:00:00| Total Telecom industry news
French firm now holds 15.5% of Italian telecoms incumbent.
Tags: italia
increases
telecom
stake
Telecom Italia stake gives Vivendi southern focus
2015-09-07 12:37:41| Telecom - Topix.net
Vivendi SA's investment in Telecom Italia SpA is the French company's first step in building a media group with a distinct focus in southern Europe, according to its chief executive officer, who doesn't rule out further boosting its stake in Italy's largest telecommunications provider. The owner of broadcaster Canal Plus and Universal Music Group fully supports Telecom Italia's management and its strategy, including the rollout of an ultra-fast broadband network that could help Vivendi distribute content, Arnaud De Puyfontaine said in an interview with Bloomberg Television in Cernobbio, Italy.
Tags: focus
italia
southern
telecom
Vivendi heads for Brazil exit with two Telefonica deals
2015-07-31 02:00:00| Total Telecom industry news
French company says it intends to pursue strategic partnerships in Europe.
Vivendi sells Telefonica Brasil stake for USD 877 mln
2015-07-30 12:53:00| Telecompaper Headlines
(Telecompaper) French media conglomerate Vivendi has announced the sale of its remaining 4 percent stake in Telefonica Brasil for USD 877 million. The company's move comes a day after it agreed to exchange another 3.5 percent stake in the Brazilian operator for a 0.95 percent stake in the unit's parent company, Telefonica. Vivendi had acquired the 7.5 percent stake in Telefonica Brasil as part of the sale of its Brazilian broadband unit GVT to Telefonica, which also ceded an 8.24 percent stake in Telecom Italia to the French company. However, Brazil's competition authority CADE ruled that Vivendi couldn't continue as an indirect shareholder in Telecom Italia's Brazilian unit TIM Brasil as well as Telefonica Brasil. The French media giant has now proceeded to exit Telefonica Brasil through the share swap and sale, while becoming Telecom Italia's largest shareholder with a 14.9 percent stake.
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