Sunday, 04 December 2016

Telecom Italia confirms GVT interest

By Nick Wood, Total Telecom
Friday 15 August 14

Operator hopes to beat Telefonica in race for Vivendi's Brazilian broadband and TV provider.

Amid mounting speculation, Telecom Italia on Thursday confirmed its interest in acquiring GVT Brazil and merging it with its Brazilian mobile arm TIM Brasil. Rumours that Telecom Italia was lining up an offer for the Vivendi-owned broadband and pay TV provider emerged last week. It is thought to be preparing a deal that would see Vivendi take a stake in Telecom Italia…

Amid mounting speculation, Telecom Italia on Thursday confirmed its interest in acquiring GVT Brazil and merging it with its Brazilian mobile arm TIM Brasil. Rumours that Telecom Italia was lining up an offer for the Vivendi-owned broadband and pay TV provider emerged last week. It is thought to be preparing a deal that would see Vivendi take a stake in Telecom Italia…

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