Articles tagged with: Madrid and Tim

Telefonica's Chairman Due in Court on Insider Trading Allegations

Telefonica's Chairman, Cesar Alierta is expected to appear in court today as trial commences concerning a job he held at a tobacco company ten years ago. The Spanish prosecutor is alleging that he knew of an impending takeover of the tobacco firm, Tabacalera by US based Havatampa - and profited by US$2.5 million from share purchases just prior to the announcement.  more

Related Tags: , iden, telefonica, prison, cesar-alierta, Spain

Telefonica Offers Portugal Telecom EUR3B To Buy Vivo

madrid (Dow Jones)--Telefonica is offering over €3 (US$4.1) billion to Portugal Telecom for exclusive control of its Brazilian mobile telephone unit Vivo Participacoes, the Financial Times reported on its website Monday. more

Related Tags: telecom-italia, portugal-telecom, cesar-alierta, vivo

UPDATE: Profit For Spain's Telefonica Rises 8% On Strong Home Market

LONDON (Dow Jones) -- Telefonica, Europe's second-largest telecommunications company, Wednesday posted an 8% rise in quarterly profit, fueled by strong demand for broadband services in Spain and the recent acquisition of Britain's O2. more

Related Tags: citigroup, telecom-italia, kpn, portugal-telecom, o2, swisscom, police