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Articles tagged with: Telefonica and Portugal Telecom
Telefonica and Portugal Telecom Fined for Non-Competition Agreement
The European Commission has imposed fines of EUR66.9 million on Telefónica and EUR12.3 million on Portugal Telecom for agreeing not to compete with each other on the Iberian telecommunications markets. more
European Commission Investigation Agreement Between Portugal Telecom and Telefonica
The European Commission has sent a statement of objections to Telefónica and Portugal Telecom regarding their agreement not to compete on the Iberian telecommunications markets. more
Related Tags: european-commission, Portugal
European Commission Launches Anti-Trust Probe into Telefonica and Portugal Telecom
The European Commission has opened a formal investigation to ascertain whether the Spanish and Portuguese telecoms incumbents Telefónica and Portugal Telecom have breached EU rules by agreeing not to compete with each other in their respective home markets. more
Related Tags: -vivo, european-commission, telecom, Spain
Fitch Affirms Telefonica at 'A-' on Vivo Acquisition
Fitch Ratings has affirmed telefonica's and its subsidiary O2's Long-term Issuer Default ratings (IDRs) at 'A-' respectively, following the announced acquisition of Portugal Telecom's stake in Vivo, Brazil's leading mobile operator, for EUR7.5 billion. more
Related Tags: -vivo, latin-america, target, europe, Spain
Telefonica: new deal with PT to buy Brazil's Vivo
Telefonica said Wednesday it has reached an initial agreement with Portugal Telecom to acquire a controlling share in Vivo, Brazil's largest cell phone company, for a reported US$9.77 billion. more
Telefonica Hires Lawyers to Break Up Brazilian Subsidiary
After being rebuffed by Portugal Telecom (PT) over the weekend, telefonica is reported to have hired lawyers to investigate how to break up their Brazilian joint venture, Brasilcel. The joint venture, which both company's own half of, in turn controls 60% of the Brazilian mobile network, Vivo. more
Related Tags: -vivo, brasilcel, court-of-justice, telecom, court, Brazil
Telefonica deal to buy Brazil's Vivo falls apart
Spanish telecommunications giant Telefonica on Saturday pulled out of negotiations to acquire a $9.3 billion stake in Brazil's leading cell phone company Vivo. more
Telefonica Wont Extend Bid for Brazil's Vivo
.. Bloomberg News more
Related Tags: -vivo, brasilcel, telecom, court, Brazil
EU ruling revives Telefonica bid for Brazil's Vivo
Portugal Telecom says it is open to negotiations with Telefonica over the Spanish company's $9 billion offer for PT's stake in Brazil's leading cell phone company, Vivo. more
Portuguese government blocks Telefonica bid for Vivo
The Portuguese government used its special voting rights Wednesday to block Telefonica's $8.72 billion bid to buy Portugal Telecom's stake in Brazil's leading cell phone company Vivo. more
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