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Tag: telefonica
Telefonica has made no decision on TIM Brasil and Vivo
2013-12-10 10:12:00| Telecompaper Headlines
(Telecompaper) Telefonica cannot yet comment on the ruling by Brazil's anti-trust regulator, Cade, ordering the Spanish operator to scale back its interest in TIM Participacoes or find a new partner for its Vivo mobile phone unit, because it has yet to receive the full text of the decision. In a statement to Italian market regulator Consob, Telefonica said it was still waiting for the full confidential detail of Cade's ruling, including the deadline for selling its non-voting shares in Telecom Italia's controlling shareholder group, Telco, and the deadline for paying the BRL 15 million fine imposed by the Brazilian regulator.
Tags: made
decision
brasil
tim
Telefonica losing Pay TV share in key Latin American markets
2013-12-09 16:29:40| Digital TV News
Telefónica, which has leveraged its Latin American operations in recent years to help compensate for poor performance in its economically-troubled domestic market, is struggling to keep up with the growth rates of rival operators in the region, according to new research from Dataxis.
Telefonica Digital, Telstra invest in cloud storage provider Box
2013-12-06 01:00:00| Total Telecom industry news
New and existing investors together stump up $100 million to fund Box's global expansion.
Tags: box
digital
storage
provider
Cade orders Telefonica to scale back Brazil assets
2013-12-05 10:06:00| Telecompaper Headlines
(Telecompaper) Brazil's anti-trust regulator, Cade, has ruled that Telefonica must scale back its influence in the Brazilian telecoms sector by finding a new partner for its Vivo mobile phone unit or else convince Telecom Italia to sell its controlling stake in Tim Participacoes. The ruling, which is now definitive, also confirms the fine of BRL 15 million imposed on Telefonica for breaking a performance agreement signed in 2010, in which the Spanish group agreed not to participate in TIM Brasil's management decisions or raise its stake in Telecom Italia. Cade also fined TIM Brasil BRL 1 million.
Tags: back
orders
scale
brazil
Brazil issues warning over Telefonica plan to raise Telecom Italia stake
2013-12-05 01:00:00| Total Telecom industry news
Antitrust agency sends operators ultimatum in bid to preserve competition.
Tags: plan
issues
italia
brazil
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