Telefónica offering Vivendi content deal to sweeten GVT offer

Telefónica is reportedly offering Vivendi a TV content deal on top of its €6.7 billion bid for the latter’s Brazilian unit GVT as it battles it out with Telecom Italia to secure an agreement with the French media giant. Reuters has reported that the Spanish telco is offering at TV content deal alongside its €6.7 […]

Vivendi could take reported 20% stake in Telecom Italia in GVT deal

Telecom Italia, having confirmed it is interested in acquiring Vivendi’s Brazilian unit GVT, is reportedly preparing an offer, valued at as much as €7 billion, that could see Vivendi take a 20% stake in the Italian telco.  According to Bloomberg, citing unnamed sources, the deal would see Vivendi thake a 20% in Telecom Italia as […]

Vivendi and Telecom Italia discuss Brazilan deal and strategic partnership

Vivendi chairman Vincent Bolloré and Telecom Italia deputy director Marco Patuano met in Paris yesterday to discuss the merger of the pair’s Brazilian units GVT and TIM Brasil in exchange for Vivendi taking a stake in Telecom Italia, according to press reports. According to Reuters, citing an unnamed source, Telecom Italia doesn’t plan to increase […]

Telecom Italia and Vivendi chiefs reportedly meeting today

Telecom Italia executive director Marco Patuano is set to meet Vivendi chairman Vincent Bolloré today to discuss the future of the latter’s Brazilian telecom unit GVT, according to a report in Italian financial daily Il Sole 24 Ore. Telecom Italia has reportedly initiated talks with Vivendi following Telefónica’s move to acquire GVT, with Patuano and […]

Telecom Italia move sparks Mediaset merger speculation

Telecom Italia has reportedly initiated talks with Vivendi, in a bid to counter Telefónica’s bid for the latter’s Brazilian asset GVT, that could see Vivendi take a stake in either Telecom Italia or Telecom Italia Media. The report has stirred speculation about the possibility of some sort of future tie-up between Italian broadcaster Mediaset and […]

Vivendi’s GVT abandons plan for pay TV joint venture

Vivendi’s Brazilian subsidiary GVT has ended discussions with US DTH provider EchoStar about launching a joint pay TV venture in South America’s largest country. Vivendi said that it remains “firmly committed to accelerating the deployment of GVT’s pay TV business” and that  “GVT will be pursuing its active growth development in this field by its […]

Fourtou: Vivendi could spin off media arm, retain SFR

Vivendi could retain control of telecom group SFR and spin off its more profitable media arm – comprising not only Canal+ and Universal Media Group but also Brazilian telco GVT, according to chairman Jean-René Fourtou.  Interviewed by French daily Le Monde, Fourtou said that a sale of SFR in current market conditions was not on […]

Vivendi teams up with EchoStar for Brazilian pay TV plan

Vivendi’s Brazilian telecom subsidiary GVT has formed a partnership with EchoStar Technologies to create a pay TV joint venture in Brazil.  The pair plan to create an entity that could be a major player in the competitive Brazilian pay TV market ahead of the World Cup in 2014 and the Olympic Games two years later. […]