Thursday, 21 June 2018

Telcos line up to get a Brazilian

By Mary Lennighan, Total Telecom
Friday 22 August 14

Vivo will become Brazil's biggest operator by revenues if Telefonica beats Telecom Italia to GVT deal; talk of Vodafone weighing in seems far-fetched.

The telecoms press is waxing lyrical about the race to acquire Brazilian broadband provider GVT, a move that will reshape the country's telecoms market. Barely a day has gone by in the past couple of weeks without a fresh report – normally citing unnamed sources – of developments in Brazil as European heavyweights Telefonica and Telecom Italia mull their options. To summarise the situation, Telefonica made a cash and stock offer worth €6.7 billion for GVT in early August and, a fortnight later, Telecom Italia confirmed that it too was interested in the company…

The telecoms press is waxing lyrical about the race to acquire Brazilian broadband provider GVT, a move that will reshape the country's telecoms market. Barely a day has gone by in the past couple of weeks without a fresh report – normally citing unnamed sources – of developments in Brazil as European heavyweights Telefonica and Telecom Italia mull their options. To summarise the situation, Telefonica made a cash and stock offer worth €6.7 billion for GVT in early August and, a fortnight later, Telecom Italia confirmed that it too was interested in the company…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry