Vivo

Telefonica cements deal for Vivo Brazil

Spanish carrier Telefónica said Wednesday that it has finally reached an agreement with Portugal Telecom over the acquisition of Brazilian operator Vivo.

EU rules against Portugal’s use of golden share in Brazil deal

Spanish incumbent operator Telefónica is still chasing its Brazilian dream after the European Court of Justice ruled that the Portuguese Government’s use of a so called ‘golden share’ to block Telefónica’s acquisition of Vivo was unlawful.

Telefonica bid for Vivo derailed

Spanish and Latin American carrier Telefónica has seen its designs on Brazil trashed after the Portuguese government blocked the acquisition of Portugal Telecom’s stake in Vivo.

Telefónica sells stake in Portugal Telecom

Spanish incumbent and Latin American carrier Telefónica has sold eight per cent of its ten per cent stake in Portugal Telecom (PT) amid fears it will not be allowed to vote as a PT shareholder on the acceptance of its offer to buy PT out of Brasilcel,which controls Brazilian mobile player Vivo .

Telefonica cannot block Vivo dividends says PT

Portugal Telecom has denied that Telefonica is able to block dividends from the two operators’ Brazilian joint venture Vivo as analysts warn that the Portugese incumbent cannot afford to lose its presence in the high growth Brazilian market.

Slim launches $22bn LatAm shake up

Latin American operator, America Movil, has launched its $21.8bn bid for control of three other regional telecoms firms. It sounds like big money but given that America Movil’s top man is none other than Carlos Slim Helu, the richest man in the world, such moves are to be expected.

No Vivo deal yet

Spanish carrier Telefonica confirmed on Wednesday that it has held discussions with Portugal Telecom on the acquisition of the Portuguese company’s 50 per cent share in Brazilian operator Vivo but denied it has reached an agreement. The revelation came after rising speculation that a deal hinges on whether Portugal Telecom can substitute its half of […]