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 Telefonica and EUR12.3 million on Portugal Telecom for agreeing not to compete with each other on the Iberian telecommunications markets. more

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European Commission Investigation Agreement Between Portugal Telecom and Telefonica

The European Commission has sent a statement of objections to Telefonica 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 at 'A-' respectively, following the announced acquisition of Portugal Telecom's stake in Brazil's Vivo 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

Related Tags: -vivo, Brazil

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.  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

Related Tags: -vivo, Brazil

Telefonica Wont Extend Bid for Brazil's Vivo

Telefonica has ruled out the possibility of extending the July 16th deadline for its US$9 billion offer for Portugal Telecom's stake in their Brazilian joint venture. 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

Related Tags: -vivo, Brazil

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

Related Tags: -vivo, Brazil

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