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Telecom Italia considering Oi takeover bid - report
2014-09-17 08:30:00| Telecompaper Headlines
(Telecompaper) Telecom Italia is evaluating the possible acquisition of Brazilian operator Oi in a move to challenge local rival Telefonica, reports Bloomberg, citing unnamed sources close to the talks. No approach has yet been made but the Italian group is said to be speaking to advisors about using its local unit TIM Brasil to buy Oi, and thus strengthening its fixed-line network to sell broadband services after losing out to Telefonica in a bid to merge with another Brazilian operator, GVT. A takeover of Oi would be a way of countering an initiative by rivals America Movil, Telefonica and Oi itself to launch a BRL 30 billion bid for TIM Brasil, which recent reports in the Brazilian press have indicated could occur by 30 September. Any bid for Oi would have to take on the Brazilian operator's almost USD 20 billion in net debt, but TIM Brasil can afford a leveraged deal for Oi, partly financing it with its own stock, according to analysts cited in Bloomberg's report.
Tags: report
italia
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telecom
Telecom Italia looking at Oi buy
2014-09-17 02:00:00| Total Telecom industry news
M&A rumours in Brazil continue as Telecom Italia hires advisors to look at bulking up TIM through acquisition of rival.
Sky Italia Deploys Imagine Communications Magellan(TM) SDN Orchestrator
2014-09-11 06:00:00| Industrial Newsroom - All News for Today
Software-Defined Networking (SDN) solution enables seamless integration of IP and legacy workflows<br /> <br /> AMSTERDAM, – Imagine Communications, a market leader of media software and video infrastructure solutions serving the global broadcast, multichannel video programming distributor and enterprise markets, today announced that Sky Italia has taken a major step forward in shaping the future of broadcast infrastructures by deploying Imagine Communications' Magellan™ SDN ...This story is related to the following:Machinery and Machining Tools Sponsored by: Haas Automation, Inc. - Category Sponsorship September2014Electrical Equipment and SystemsSearch for suppliers of: Communications Network Routers |
Tags: communications
italia
sky
imagine
Telecom Italia wants 13bn for Brazil stake
2014-09-10 02:00:00| Total Telecom industry news
Italian telco reportedly looking for offers of at least 11 times EBITDA for TIM Brasil.
Tags: italia
brazil
telecom
stake
Telecom Italia pushes for green light on Argentina stake sale
2014-09-06 16:57:11| Telecom - Topix.net
Telecom Italia, which agreed to sell its stake in Telecom Argentina to Fintech last year for $960 million , has already pushed back completion of the sale twice while awaiting regulatory approval. The deadline, originally set for early August, has now been delayed to Sept.
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