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Telecom Italia offers EUR 7 bln for GVT, Telefonica ups bid

Thursday 28 Aug 2014 | 08:38 CET | News
Telecom Italia has made a EUR 7 billion cash-and-share offer for Vivendi's fast-growing Brazilian broadband unit GVT, prompting a bidding war with Telefonica, which almost immediately responded with a EUR 7.45 billion offer. Telecom Italia's proposal envisages a merger between GVT and the Italian operator's Brazilian unit Tim Brasil, with Vivendi taking a stake of around 15 percent in the ...

Telecom Italia offers EUR 7 bln for GVT, Telefonica ups bid

Thursday 28 Aug 2014 | 08:38 CET | News Telecom Italia has made a EUR 7 billion cash-and-share offer for Vivendi's fast-growing Brazilian broadband unit GVT, prompting a bidding war with Telefonica, which almost immediately responded with a EUR 7.45 billion offer. Telecom Italia's proposal envisages a merger between GVT and the Italian operator's Brazilian unit Tim Brasil, with Vivendi taking a stake of around 15 percent in the ...

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LG unveils circular, retro-style G Watch R smartwatch

28 Aug 2014 09:58 CET | World
LG has officially announced that its new wearable device, the Android Wear-powered LG G Watch R with full 360-degree display, ...

CSR attracts takeover offers - report

28 Aug 2014 09:05 CET | World
CSR is exploring a possible sale after receiving takeover offers from various rival semiconductor manufacturers. The company has ...

Samsung unveils first 3G smartwatch

28 Aug 2014 08:55 CET | World
Samsung Electronics has announced a new smartwatch, its first fitted with a Sim card for 3G connectivity. The Samsung Gear ...

Ringcredible raises half a million euros

28 Aug 2014 10:56 CET | Netherlands
VoIP provider Ringcredible has raised half a million euros to help boost its marketing efforts, the Dutch company told the site ...

Netzclub upgrade causes renewal problems

28 Aug 2014 10:50 CET | Germany
Netzclub customers are receiving contradictory messages about their automatic monthly tariff option renewals, according to ...
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