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  • RIO DE JANEIRO/ PARIS, Aug 27- Brazil's Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country's second-biggest wireless carrier and upstaging merger bids by foreign rivals.

  • MADRID/ PARIS, Aug 27- The battle over Brazil's telecoms market is heating up, with the country's biggest fixed-line firm Oi signaling it may make an offer for Telecom Italia's local mobile business.

  • UPDATE 2-Brazil telecoms battle heats up as Oi steps in Wednesday, 27 Aug 2014 | 7:31 AM ET

    MADRID/ PARIS, Aug 27- The battle over Brazil's telecoms market is heating up, with the country's biggest fixed-line firm Oi signaling it may make an offer for Telecom Italia's local mobile business.

  • Telecom Italia to go ahead with bid for Vivendi's GVT Tuesday, 26 Aug 2014 | 2:37 PM ET

    *Vivendi would get 15-20 pct in Telecom Italia- sources. MILAN, Aug 26- Telecom Italia will make a bid valued at roughly 7 billion euros for Vivendi's Brazilian broadband unit GVT, which would leave Vivendi with a 15 to 20 percent stake in the Italian group, said four people familiar with the matter.

  • SAO PAULO, Aug 14- Telecom Italia SpA on Thursday confirmed its interest in acquiring Vivendi SA's Brazilian broadband unit GVT SA, challenging a surprise 6.7 billion euro bid by Telefonica SA.

  • The discovery of the deceit last month crippled the company and undermined credibility in Spain's stock market just as the country recovers from a four-year recession. Spain's judicial system does not require a formal plea and Garcia Martin has not given one.

  • Aug 11- Mobile service provider NII Holdings Inc, reporting its ninth quarterly loss in a row, said on Monday it may have to file for bankruptcy after struggling to compete in Brazil and Mexico. The company, which operates in Latin America under the Nextel brand, ended the second quarter with a net debt of $4.8 billion and with $1 billion in cash and investments.

  • FRANKFURT, Aug 7- Deutsche Telekom rejected an offer from Iliad for its mobile business in the United States and said regulators there should help smaller players compete against bigger rivals if they are not allowed to merge.

  • Deals of the day- Mergers and acquisitions Wednesday, 6 Aug 2014 | 9:31 AM ET

    **Rupert Murdoch's Twenty-First Century Fox decided to pull its $80 billion offer to buy Time Warner Inc on Tuesday, abandoning plans to create one of the world's largest media conglomerates.

  • The privately held company obtained a license to operate in Mexico earlier this year, and will use the network owned by Spain's Telefonica, the sources, who requested anonymity as the plans were still not public, said.

  • Earnings, M&A help Europe stocks recover Tuesday, 5 Aug 2014 | 10:55 AM ET

    PARIS, Aug 5- European shares gained ground on Tuesday in a tentative rebound following last week's sharp sell-off, supported by forecast-beating results from blue-chips including Deutsche Post. M&A fever also helped, with Vivendi surging 3.9 percent after Telefonica unveiled a 6.7 billion euro offer for the French firm's Brazilian business GVT.

  • Robust earnings help European stocks to bounce back Tuesday, 5 Aug 2014 | 8:04 AM ET

    PARIS, Aug 5- European shares gained ground on Tuesday in a tentative rebound following last week's sharp sell-off, supported by forecast-beating results from blue-chips such as BMW.

  • *Telefonica offers up Telcom Italia stake to Vivendi. PARIS/ MADRID, Aug 5- Spain's Telefonica has made a 6.7 billion euro bid to France's Vivendi for its Brazilian broadband unit GVT, seeking to strengthen its position in a market that accounts for one-fifth of revenue. Telefonica also offered Vivendi the chance to acquire its 8.3 percent stake in Telecom Italia.

  • Controlling around 70 percent of Mexico's mobile market and more than 60 percent of landlines, Slim's America Movil has been blamed for overcharging consumers for patchy service since he bought a former state-run phone monopoly in the early 1990 s.

  • Slim's Mexico telecoms sale opens doors to competitors Wednesday, 9 Jul 2014 | 5:11 PM ET

    MEXICO CITY, July 9- Mexican tycoon Carlos Slim's plan to divest a chunk of his most valuable asset, phone company America Movil, could open Mexico's telecoms market as never before to rivals.

  • Pain in Spain: Tech firm’s collapse rattles faith Wednesday, 9 Jul 2014 | 8:29 AM ET
    A Gowex advertisement in Madrid, Spain

    The downfall of Gowex—a company once heralded as a Spanish tech success story—has raised concerns about the strength of some the country's companies.

  • UPDATE 3-Carlos Slim bows to Mexico telecoms reform Tuesday, 8 Jul 2014 | 11:13 PM ET

    MEXICO CITY, July 8- Billionaire Carlos Slim's America Movil said on Tuesday it is ready to divest assets in an unprecedented step to cut its market share in Mexican telecoms below 50 percent and escape the burden of tougher regulations.

  • *Peers seek exit from Spain's alternative market. MADRID, July 7- The collapse on Sunday of wireless provider Gowex could rattle investors' confidence in Spain and its companies just as the country emerges from the worst of a five-year slump and foreign money starts to flow back into it.

  • *Peers seek exit from Spain's alternative market. The supervision of Spain's alternative stock exchange Mercado Alternativo Bursatil, which was thrown into the spotlight by the case, falls under the responsibility of both the market operator Bolsas y Mercados Espanoles and the bourse watchdog Comision Nacional del Mercado de Valores.

  • European shares edge lower after German data miss Monday, 7 Jul 2014 | 4:08 AM ET

    *FTSEurofirst 300 down 0.1 pct, Euro STOXX 50 down 0.2 pct. *Total, Sanofi fall after cautioning over results. EDINBURGH, July 7- European shares fell on Monday after weak data out of Germany took the wind out of a rally that saw a top index post its best week in over three months.