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Telefonica waives TI rights to pave way for GVT takeover

2015-03-23 09:20:00| Telecompaper Headlines

(Telecompaper) Telefonica has formally waived its voting rights in Telecom Italia as part of the conditions required by Brazil's National Telecommunications Agency (Anatel) to grant approval for the Spanish company's acquisition of broadband operator GVT. Earlier this month the Brazilian regulator gave the go ahead for Telefonica to transfer 8.3 percent of its Telecom Italia voting shares to French media group Vivendi as part of the payment for GVT, as well as 11.3 percent of its preferential shares in Telefonica Brasil. In a statement to Spain's market regulator CNMV, the Spanish operator confirmed it had agreed to waive its voting rights in Telecom Italia in an unrestricted manner to comply with Anatel's rulings.

Tags: rights takeover telefonica pave

 

Telefonica waives Telecom Italia voting rights

2015-03-23 01:00:00| Total Telecom industry news

Spanish operator moves to comply with ruling from Brazil's Anatel that is linked to GVT deal.

Tags: rights italia telecom voting

 
 

Telefonica set to announce 3bn capital hike for Brazil buy

2015-03-20 01:00:00| Total Telecom industry news

Spanish telco reportedly working with nine banks on capital increase; announcement could come next week.

Tags: set buy capital brazil

 

Anatel OKs Telefonica to transfer Telecom Italia shares

2015-03-13 01:00:00| Total Telecom industry news

Brazilian regulator gives the green light to phase two of Telefonica's GVT buy.

Tags: italia transfer shares telecom

 

Liquid, Telefonica make late bid to change German auction

2015-03-06 10:36:00| Telecompaper Headlines

(Telecompaper) Telefonica and Liquid Broadband are going to court over this summer's auction of spectrum in the 700 MHz band, complaining that the rules are anti-competitive, and seeking to have them changed, according to WirtschaftsWoche magazine on its website. Potential bidders have until 15:00 hrs on 06 March to submit application documents to the Federal Network Agency (Bundesnetzagentur, BNetzA or BNA).

Tags: make change late german

 

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