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Telefonica SA

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  • HONG KONG, Jan 26- Li Ka- shing's hectic start to 2015 has meant record Asia M&A, loan and equity deals so far this month- good news for investment bankers close to the 86- year-old Hong Kong tycoon's empire. The brisk business- $108 billion of Asia M&A makes it the best start to a year, according to Thomson Reuters data- raises hopes that the Chinese Year of the Goat could...

  • RIO DE JANEIRO/ SAO PAULO/ MILAN, Jan 23- Oi SA, Brazil's most indebted phone carrier, is open to all options in a potential process of industry consolidation as long as the transaction helps create value for shareholders, Chief Executive Officer Bayard Gontijo said on Friday. However, management at Telecom Italia SpA, TIM's controlling shareholder, plans to meet...

  • *Telefonica exiting UK to cut debt. MADRID/ HONG KONG, Jan 23- Li Ka- shing's Hutchison Whampoa Ltd has agreed to buy Telefonica's British mobile unit O2 for up to 10.25 billion pounds, as Asia's richest man makes his boldest bet yet to revamp his European telecoms business. Hutchison already operates the Three Mobile network in Britain, and buying second-ranked O2...

  • HONG KONG, Jan 23- Hutchison Whampoa Ltd group finance director Frank Sixt said on Friday the company is in talks with private equity firms among others to offer a minority stake in its planned bid for Telefonica's British unit O2. Earlier, Hutchison confirmed that it was in exclusive talks to buy O2 for up to 10.25 billion pounds as Asia's richest Li Ka- shing makes...

  • HONG KONG, Jan 23- Li Ka- shing's Hutchison Whampoa Ltd said on Friday it had entered into exclusive talks to buy Telefonica's> British mobile unit O2 for up to 10.25 billion pounds. Hutchison, which already operates the Three Mobile network in Britain, agreed to pay an indicative price of 9.25 billion pounds, the company said in a securities filing to the Hong Kong...

  • *Telefonica exiting UK to cut debt. MADRID/ HONG KONG, Jan 23- Li Ka- shing's Hutchison Whampoa Ltd is set to buy Telefonica's British mobile unit O2 in a deal valued at more than 10 billion pounds, a source with direct knowledge of the matter said, as Asia's richest man makes one of his biggest bets yet to revamp his European telecoms business. The agreement is likely to...

  • Telefónica set to sell British branch O2 for £10B Thursday, 22 Jan 2015 | 7:33 PM ET
    A man works on the stand of mobile operator O2 at the CeBIT fair grounds in Hanover, Germany, in this March 6, 2006 photo.

    Telefónica is poised for a cash deal of more than £10 billion to sell O2 to Whampoa, a move that would create the UK's largest mobile group.

  • Jan 22- Telefonica SA is set to agree to a cash deal of 10 billion pounds to sell 02, its British mobile company, to Hong Kong tycoon Li Ka- shing's Hutchison Whampoa Ltd, the Financial Times reported on Thursday.

  • *He is Hong Kong's top tax payer for 5 years- report. HONG KONG, Jan 22- In late summer 2014, as mass protests rocked central Hong Kong, Canning Fok sat in his office quietly planning a business overhaul that would make his boss Li Ka- shing, Asia's richest man, richer still. After Li revealed the fruits of Fok's labour on Jan. 9, describing it as a "watershed" moment in the...

  • Hutchison & O2: 'A deal that makes sense'  Monday, 19 Jan 2015 | 4:35 AM ET

    Hutchison Whampoa is in talks with Telefonica about buying O2. CNBC's Helia Ebrahimi says Telefonica is known for its high amount of debt, so it's "a keen and willing seller."

  • LONDON, Jan 18- Hutchison Whampoa, owner of Britain's fourth-largest mobile operator Three, is in talks with Telefonica about buying its O2 network, the Sunday Times reported, citing unnamed city sources. O2, acquired by Spain's Telefonica in early 2006, is second in the British mobile market with about 22 million subscribers. Neither Telefonica nor Hutchison...

  • Resurgent BT comes back to haunt old rival Vodafone Tuesday, 16 Dec 2014 | 10:30 AM ET

    LONDON, Dec 16- BT's move to buy mobile operator EE is expected to put the former state-owned telecoms giant back in pole position as fixed line and mobile services converge, forcing rivals such as Vodafone to make costly moves of their own to keep up. The EE move also revives BT's rivalry with Vodafone which dates back to when they were the two biggest names in...

  • LONDON, Dec 15- BT has entered exclusive talks with the owners of EE for a potential 12.5 billion pound deal to give the former UK state telecoms firm the top position in mobile as well as fixed line broadband services. BT had been in competing talks with both the Spanish group Telefonica's rival mobile firm O2 and EE's owners, Orange and Deutsche Telekom, putting...

  • LONDON, Dec 15- Britain's BT has entered into exclusive talks with Orange and Deutsche Telekom to buy EE for 12.5 billion pounds, opting for the country's biggest mobile operator over rival suitor, Telefonica's O2. BT had been in talks with Telefonica and EE's owners since late November about a deal to buy one of the providers, giving the fixed-line firm an...

  • BT chooses EE over O2 in 12.5 bln stg mobile deal Monday, 15 Dec 2014 | 12:11 PM ET

    LONDON, Dec 15- Britain's BT has entered into exclusive talks with Orange and Deutsche Telekom to buy EE for 12.5 billion pounds, opting for the country's biggest mobile operator over rival suitor, Telefonica's O2. BT had been in talks with Telefonica and EE's owners since late November about a deal to buy one of the operators, putting the British telecom firm in an...

  • BT to enter exclusive talks with EE owners-sources Monday, 15 Dec 2014 | 12:03 PM ET

    LONDON, Dec 15- BT is expected to enter exclusive talks with the owners of EE, Orange and Deutsche Telekom, about buying Britain's biggest mobile network operator, three sources familiar with the situation said on Monday. BT has been in talks with both EE's owners and O2-owner Telefonica since late November about a deal to buy one of the operators, putting the...

  • With WebRTC, the Skype's no longer the limit Thursday, 11 Dec 2014 | 4:00 PM ET

    SINGAPORE, Dec 12- WebRTC, a free browser-based technology, looks set to change the way we communicate and collaborate, up-ending telecoms firms, online chat services like Skype and WhatsApp and remote conferencing on WebEx. Further ahead, WebRTC could add video and audio into all kinds of products and services, from GoPro cameras and educational software to...

  • LONDON/ MADRID, Dec 11- The battle to become the mobile partner of BT intensified on Thursday as the chairman of O2-owner Telefonica flew to London and the owners of EE indicated they were willing to offer more attractive terms to seal a rival deal. BT has been in talks with Telefonica and EE's owners, Orange and Deutsche Telekom since November about a deal to buy one...

  • LONDON, Dec 9- The board of BT met on Tuesday to discuss the possible acquisition of British mobile operators O2 or EE, and agreed to continue talks with both sides, a person familiar with the situation said. The telecoms group has been in talks with O2's owner Telefonica and with the parent firms of Britain's largest mobile carrier EE, France's Orange and Germany's...

  • BT has been in talks with O2's owner Telefonica and with the parent firms of Britain's largest mobile carrier EE, France's Orange and Germany's Deutsche Telekom. Telefonica is also eager to sell because it needs to cut debt. BT, Telefonica, Orange and Deutsche Telekom declined to comment.