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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.

Tags: deals brazil exit heads

 

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.

Tags: usd brasil sells stake

 

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