TIM Brasil

Vivendi receives Telecom Italia GVT bid as Telefónica ups offer

Vivendi has confirmed it has received an offer from Telecom Italia for its Brazilian unit GVT, along with a new higher offer from Telefónica that its board will consider today. Vivendi said that both deals include proposals for wider content partnerships, without giving details of the latter. Telecom Italia, as previously reported, has made a […]

Telecom Italia to make GVT offer

Telecom Italia is on the point of making a €7 billion offer for Vivendi’s Brazilian unit GVT in a deal that would see the French media company take a stake of between 15-20% in the Italian telecom operator, according to a Reuters report. Reuters, citing four unnamed sources, reported that Telecom Italia is proposing a […]

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 […]