Vivendi's GVT Purchase May Add Impetus to Deliberations to Sell NBC Stake Nov 14, 2009
Its Telesp - Telecomunicacoes de Sao Paulo SA unit has a 27. 6 percent market share for fixed-line services, according to data from IHS Global Insight, a market research firm. (Bloomberg -- US)
Telefonica Boosts Its Offer for GVT to $3.99 Billion to Fend Off Vivendi Nov 5, 2009
Telefonicas unit Telecomunicacoes de Sao Paulo SA increased the offer to 50. 5 reais ($29. (Bloomberg -- Latin America)
Bovespa Rallies on Higher Commodity Prices, CSN Earnings; Mexico Advances Nov 5, 2009
99 billion to fend off rival bidder Vivendi SA. Telefonicas Brazilian unit, Telecomunicacoes de Sao Paulo SA, raised the offer to 50. 5 reais per GVT share from 48 reais, according to a regulatory filing. (Bloomberg -- Latin America)
GVT Will Be Bought in Brazil Below Market Price, BlackRock's Landers Says Nov 3, 2009
GVT paid 100,000 reais for its license in August 1999 to operate in the same 10 states of Brasil Telecom SA while Telefonica bought Telecomunicacoes de Sao Paulo SA to operate in Brazils richest state. Telefonica plans to maintain GVTs business model and management if it acquires the company, , head of the Brazilian unit, said last month. (Bloomberg -- Latin America)
GVT's Fast Internet Growth Could Give Spain's Telefonica a Brazilian Boost Oct 8, 2009
Telefonicas Brazilian unit, called Telecomunicacoes de Sao Paulo or Telesp for short, may have to adjust its to pay for GVT, executives said yesterday on a conference call. Even so, the growth potential from acquiring GVT should benefit the stock, said Garcia at Raymond James, who rates Telesp and GVT shares hold. (Bloomberg -- Latin America)
Dow Jones Indexes Announces Dow Jones Country Titans and Dow Jones Select Dividend Indexes Regular Annual and Quarterly Review Results Mar 6, 2009
BR) and Telecomunicacoes de Sao Paulo S/A Pref (Brazil, Telecommunications, TLPP4. BR), respectively. (Primezone Releases)