Articles tagged with: Vivo Participacoes

Telefonica Raises Offer for Portugal Telecom's Brazilian Assets

Portugal Telecom has confirmed that Telefonica has raised its offer for PT's share in their Brazilian joint venture, Vivo Participacoes from EUR5.7 billion (US$7 billion) to EUR6.5 billion (US$8 billion). Telefonica is also offering two alternatives, one for the immediate sale of its entire stake and another to be executed at PT's sole discretion during a three year period. more

Related Tags: portugal-telecom, telefonica, option, telefonica,, Brazil

Portugal Telecom Rejects $7.3 Billion Offer for Brazilian Subsidiary

Telefonica has made an offer to Portugal Telecom to buy out its stake in their Brazilian joint-venture, Brasilcel, the holding company of the mobile network operator, Vivo Participações. Portugal Telecom (PT) says that the offer, for EUR5.7 billion (US$7.3 billion) was unsolicited, and has been rejected by its board of directors. more

Related Tags: portugal-telecom, telefonica, Brazil

Vivo Participacoes Quarterly Profits Up 44%

Brazil's Vivo Participacoes has reported a first quarter profit of R$191.9 million (US$109.6 million), up by 44.3% from the same quarter a year ago. Revenues also rose from R$4 billion to R$4.23 billion (US$2.4 billion), while the subscriber base rose by 18.2% to 54 million. more

Related Tags: Brazil

Brazil's Vivo Sees Slight Dip in Q4 Profits - Up 120% for Full Year

Brazil's Vivo Participacoes has reported that its fourth-quarter revenues rose slightly by 5% to R$4.32 billion (US$2.33 billion), while its net income dropped a shade to R$221.6 million (US$120 million), from R$22.1 million a year ago. For the full year, revenues rose from R$15.82 billion to R$16.36 billion (US$8.84 billion), while net income jumped to R$857.5 million (US$463 million), compared to R$389.7 million. more

Related Tags: Brazil

Brazil's Vivo See Profits Jump on Lower Debt Costs

Brazilian mobile network operator, Vivo Participacoes saw its 3rd quarter net profit jump by 154% to R$ 340 million (US$197 million), largely due to lower borrowing costs. Revenues were up by 4% to R$ 3.79 billion (US$2.2 billion). more

Related Tags: Brazil

Brazilian Operator 3rd Quarter Profits Jump on Aquisition

Brazil's largest mobile network operator, Vivo Participacoes has reported a massive jump in 3rd quarter profits after acquiring rival operator, Telemig Celular Participacoes and higher organic revenues from data services. more

Related Tags: sms, arpu, wcdma, portugal-telecom, vas, vivo, Brazil

Brazil's Vivo Still Leads Mobile Market, Claro Catches TIM

SAO PAULO -(Dow Jones)- Vivo Participacoes still leads the Brazilian mobile phone market with a 31.1% share of subscriptions in August but Claro caught up with TIM Participacoes to share second place, with each registering a 25.1% share, according to figures released by telecommunications regulator Anatel. more

Brazil Telecom Competition to Heat up on Number Portability

SAO PAULO -(Dow Jones)- Brazil telecommunication operators will see stiff competition get stiffer after the introduction of number portability earlier this week. more

Brazil's Vivo Sees Mobile Phone Market Share Increase in May

SAO PAULO -(Dow Jones)- Brazilian phone company Vivo Participacoes saw its share of the local mobile phone market pick up in May, maintaining its lead position, while No. 2 operator TIM Participacoes saw a slight decrease, according to data released by telecommunications regulator Anatel Wednesday. more

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

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