Vivendi has closed the deal to sell its Brazilian broadband business to Spain's Telefonica for cash and shares worth nearly $10 billion.» Read More
*Alcatel, Ericsson helped group that made bid. MEXICO CITY/ PARIS, Sept 19- Mexico has received its first bid from a consortium to build a $10 billion state-owned mobile network, a linchpin of efforts to break the hold of Carlos Slim's America Movil on telecom services.
MADRID— Spanish telecoms company Telefonica says it has reached a deal to buy Brazilian operator GVT from French media conglomerate Vivendi. Telefonica says it will pay 4.66 billion euros in cash as well as 12 percent of the shares in its Brazilian unit, Telefonica Brasil, into which GVT will be integrated.
*Vivendi accepts Telefonica's stake in Telecom Italia. PARIS/ MADRID, Sept 19- French media group Vivendi has closed the deal to sell its Brazilian broadband business GVT to Spain's Telefonica for cash and shares worth around 7.2 billion euros, the companies announced on Friday.
MADRID, Sept 19- Spain's Telefonica said on Friday it had closed a deal to buy Brazilian broadband unit GVT from Vivendi for 4.66 billion euros cash plus its stake in Telecom Italia and an about 7.4 percent stake in its new company, Telefonica Brasil.
SAO PAULO, Sept 16- Nextel operator NII Holdings Inc is hanging on to its Brazilian unit even though the welterweight mobile carrier has filed for bankruptcy protection in the United States and sold off other Latin American operations.
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MADRID— France's Orange has offered 3.4 billion euros to buy the operations of Spanish telecommunications company Jazztel. Jazztel PLC says in a statement to Spanish securities regulators that Orange SA offered 13 euros in cash for each Jazztel share.
Sept 12- Spanish call center operator Atento SA, owned by private equity firm Bain Capital Partners LLC, said it expected its initial public offering to be priced $19- $22 per share, valuing the company at up to $1.60 billion.
LONDON, Sept 9- European shares slipped for a third straight session on Tuesday, with companies that trade dollar-denominated commodities such as oil taking a hit as investors shortened the odds on an early hike in U.S. interest rates.
SAO PAULO, Sept 4- Spanish call center operator Atento SA, which is controlled by buyout firm Bain Capital Partners LLC, is likely to launch an initial public offering in the United States as early as next week, a source with knowledge of the deal said.
SANTANDER, Spain, Sept 1- Telefonica plans to exit Telecom Italia once the Spanish group has finalised the purchase of Vivendi's Brazilian broadband unit GVT, its chairman said on Monday, ending a long-standing shareholding.
PARIS/ LONDON/ MILAN, Aug 29- Telecom Italia has lost a promising path to earnings growth by failing to secure Brazilian broadband business GVT and may now turn from hunter to hunted in a fast-consolidating telecoms industry.
*Telefonica wins out with higher bid than Telecom Italia. PARIS, Aug 28- French media company Vivendi picked Telefonica for exclusive talks over the sale of its Brazilian broadband unit GVT, spurning a rival bid from Telecom Italia. Vivendi's decision deals a blow to Telecom Italia.
PARIS/ MILAN, Aug 28- French media group Vivendi said it would enter into exclusive talks with Telefonica over the sale of its Brazilian broadband unit GVT, choosing the Spanish group over a rival bid from Telecom Italia.
PARIS, Aug 28- French media group Vivendi said it would enter into exclusive talks with Telefonica over the sale of its Brazilian broadband unit GVT, siding with the Spanish group over a rival bid from Telecom Italia.
*Telefonica makes higher bid than Telecom Italia. PARIS/ MILAN, Aug 28- The battle over Brazil's telecoms market intensified on Thursday as European competitors Telecom Italia and Telefonica made rival offers for Vivendi's Brazilian broadband business GVT.
PARIS, Aug 28- The battle over Brazil's telecoms market ratcheted up on Thursday as European competitors Telecom Italia and Telefonica made rival offers for Vivendi's Brazilian broadband unit GVT.
MADRID, Aug 28- Spain's Telefonica said on Thursday it had launched a new bid for Vivendi's Brazilian unit GVT worth 7.45 billion euros to be paid in cash and shares. The offer is above Telefonica's initial 6.7 billion euro bid for GVT and a 7 billion euro counterbid from Telecom Italia.
PARIS, Aug 28- Vivendi said it received bids for its GVT Brazilian broadband unit from Telecom Italia and Telefonica, and that its supervisory board would examine the offers at a meeting on Thursday.
MILAN, Aug 28- Telecom Italia said on Thursday it had offered to buy Vivendi's Brazilian unit GVT in a cash-and-share offer that values the broadband company 7 billion euros.