Monday, 24 July 2017

Vivendi to quit Brazil to boost Telecom Italia stake

By Mary Lennighan, Total Telecom
Monday 22 June 15

French firm could announce a deal to up its stake in Italian incumbent as early as this week, but antitrust issues in Brazil could block its path.

Vivendi is close to announcing a deal to raise its stake in Telecom Italia to just under 15%, according to various news outlets, but competition concerns mean it may well have to offload its stake in Telefonica Brasil first. The French firm…

Vivendi is close to announcing a deal to raise its stake in Telecom Italia to just under 15%, according to various news outlets, but competition concerns mean it may well have to offload its stake in Telefonica Brasil first. The French firm…

Please login or register to view this content

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

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