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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 could cede 20% to Vivendi in 7bn GVT deal

2014-08-18 02:00:00| Total Telecom industry news

Latest press report claims Italian incumbent working on all-stock deal that would enable it to combine TIM Brasil with Vivendi's GVT.

Tags: deal italia telecom vivendi

 
 

Telecom Italia CEO, Vivendi chairman discuss Brazil tie-up

2014-08-14 02:00:00| Total Telecom industry news

Marco Patuano reportedly offers to distribute Vivendi content in bid to beat Telefonica to GVT.

Tags: italia discuss brazil ceo

 

Telecom Italia talks to Vivendi on GVT counterbid - report

2014-08-08 08:55:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has entered direct talks with Vivendi over possible cooperation in Brazil, according to multiple reports. The negotiations follow Telefonica's bid for Vivendi's Brazilian operator GVT, for which it offered a stake in Telecom Italia as partial payment. Telecom Italia is in talks with Vivendi on its own bid for GVT and aims to at least match Telefonica's offer, sources familiar with the situation told Reuters. The plan, which could be finalised over the next three weeks, would allow Vivendi to take a stake in Telecom Italia or in its unit TIM Brasil, which would be merged with GVT. Vivendi's pay-TV arm, Canal Plus, is also in talks to buy a majority stake in Italian rival Mediaset Premium, some of the sources said. The business could ultimately be folded into Telecom Italia, despite Telefonica's agreeing last month to buy 11 percent of Mediaset Premium for EUR 100 million. Bloomberg reports that talks on a possible alliance have taken place between Telecom Italia CEO Marco Patuano and Vivendi Chairman Vincent Bollore. Its sources said the talks were already under way before Telefonica made its offer for GVT. 

Tags: report italia telecom talks

 

Vivendi to redistribute EUR 5 bln from SFR sale

2014-04-25 08:57:00| Telecompaper Headlines

(Telecompaper) Vivendi announced that it will have about EUR 5 billion of cash after the sale of French operator SFR to Altice/Numeriable and will initially redistribute EUR 3.5 billion to its shareholders in the form of dividends and/or share buy-backs. Chairman and CEO Jean Fourtou also confirmed that he would step down at the AGM of 24 June to be succeeded by Vincen Bollore.

Tags: sale eur sfr vivendi

 

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