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Articles tagged with: Brasil Telecom and Telecom Italia
Brazil's Oi: Signs Deal to Buy Rival Brasil Telecom
SAO PAULO -(Dow Jones)- Brazil's largest phone operator Tele Norte Leste Participacoes, or Oi, announced Friday the much-anticipated deal to buy control of smaller local rival Brasil Telecom Participacoes, creating a major local operator to face regional giants Spain's Telefonica and Mexico's America Movil. more
Related Tags: citigroup, telefonica, portugal-telecom, tim, oi, pension, vivo, vivo-participacoes, Brazil
Reports: Telecom Italia employees accused of spying on TEF, TMX
Related Tags: telefonica, cesar-alierta, Brazil
Probe into Telecom Italia Bribery Allegations
The allegations came to light in a recent edition of Italian magazine Panorama, which said TI executive Giuliano Tavaroli confessed to judge Giuseppe Gennari that the company paid "tips" to members of the lower house's science and technology committee. more
Related Tags: bribery, tim, credit-suisse, Brazil
Brazil Telecoms Benefit from Falling Rates, Strong Currency in 3Q
SAO PAULO -(Dow Jones)- Third-quarter earnings of Brazil's telecommunications companies will probably benefit from lower interest rates and a stronger Brazilian real. more
Related Tags: portugal-telecom, telefonica, tim, oi, tim-participacoes, vivo, vivo-participacoes, Brazil
Anatel to assess TEF, TI deal on Aug 30
Related Tags: tim, credit-suisse, tim-brasil, yankee-group, vivo
Telecom Italia Mobile 3G Subscribers Pass 5 Million
Telecom Italia (TI) has released preliminary figures for the first half of 2007 and the operational numbers are typically light on much useful detail. However, they show that domestic mobile unit TIM had a 3G customer base of over 5.1m at the end of June, overall customer numbers rising to 34.3m from 33.6m at the end of March. Mobile service revenues increased by 6.5% year on year between Q2 2006 and Q2 2007, the biggest increase recorded in some while, although this statistic excludes "discontinuities" which have impacted the way revenues are accounted for in the last year. The elements accounted for as discontinuities by TI include a change in the way roaming traffic is accounted for (following EU guidelines), a termination rate cut for fixed-to-mobile calls and the so called "Bersani Decree" - a recent piece of government legislation affecting all Italian companies. However unfortunate it may be, domestic and European regulation and legislation is a fact of life for all Europe's telcos. Of course we understand why TI shows us figures excluding "discontinuities" - to demonstrate that the underlying business is performing well - but take out termination and roaming rate cuts and the like and many peers would also have a very much better story to tell. As it was, on an actual basis, stated mobile service revenues at TI fell by 1.3% or €30m year on year from €2.351bn in Q2 2006 to €2.321bn in Q2 2007. more
Related Tags: avea, vas, tim, eu, entel, tim-brasil, oger-telecom, vivo, turk-telecom
TI sells indirect stake in Brasil Telecom for US$515mn
European telecoms operator Telecom Italia has sold its indirect stake in Brazil's third largest fixed line operator Brasil Telecom (BrT) for US$515mn, the former said in a statement. more
Related Tags: citigroup, tim, pension
Brazil Telecom Vivo Shares Rise On Telefonica Bid Report
SAO PAULO -(Dow Jones)- Shares in Brazil's leading wireless operator Vivo Participacoes rose sharply on the Sao Paulo Stock Exchange, or Bovespa, Tuesday morning, following a Financial Times report that Spain's Telefonica had made a EUR3 billion ($4 billion) bid for Portugal Telecom's stake in the company. more
Related Tags: portugal-telecom, tim, tim-participacoes, cesar-alierta, vivo, vivo-participacoes
TIM receives fixed line telephony license
Brazil's telecoms regulator Anatel has granted the country's second largest mobile company TIM a license to supply fixed line telecoms services, TIM said in a statement. more
Related Tags: tim, number-portability, tim-brasil, oi, claro
Analysts: TEF can legalize TIM control situation
Spain's Telefónica will not fall foul of Brazilian antimonopoly laws if it can prove it will maintain separate management of mobile groups TIM Brasil and Vivo, analysts told BNamericas. more
Related Tags: portugal-telecom, tim, idc, credit-suisse, tim-brasil