Two bidders in the running for Brazil's GVT - report

Tuesday 5 February 2013 | 09:54 CET | News
Two bidders are in the race for the takeover of Brazilian operator GVT, reported local daily Valor Economico, citing sources familiar to the matter. These are US-based DTH operator DirecTV, which operates in Brazil under the brand name Sky Brasil, and a consortium formed by private equity fund KKR, the asset manager Gavea and the Cambuhy boutique investment bank. According to the same sources, the private equity fund Apax has walked out of the negotiations. BTG Pactual had already left the race, as the paper reported in mid-January. The submission of binding bids was rescheduled for the end

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Fixed
Companies: DirecTV / GVT / Sky Brasil
Countries: Brazil
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Vivendi suspends GVT sale after DirecTV withdraws - report

Published 15 Mar 2013 09:23 CET | World
Vivendi is suspending the sale of its Brazilian telecom subsidiary, GVT, after one of its main bidders, DirecTV, withdrew from ...

Vivendi gets Brazilian government approval for GVT sale

Published 24 Feb 2013 23:17 CET | Brazil
France's Vivendi has received Brazilian government approval for the sale of local telecommunications operator GVT to DirecTV or ...

DirecTV evaluating purchase of GVT - report

Published 18 Feb 2013 11:04 CET | Brazil
The CEO of DirecTV, Michael White, said that the company is evaluating the purchase of Brazilian telecommunications operator GVT ...

GVT invests BRL 6 million to expand to Coronel Fabriciano

Published 06 Feb 2013 10:16 CET | Brazil
Brazilian operator GVT has announced the start of commercial operations in the mining town of Coronel Fabriciano, located about ...

GVT aims for BRL 10 billion turnover in 2016

Published 10 Jan 2013 13:02 CET | Brazil
With a strategy based on the provision of fibre technology on the last mile and VDSL, Brazilian broadband operator GVT expects to ...

GVT auction to be extended to Q1 2013 - report

Published 12 Dec 2012 10:59 CET | Brazil
The auction of Vivendi's Brazilian unit GVT is likely to stretch into the first quarter of 2013, a source close to the ...

Liberty Global denies bid for Brazil's GVT

Published 30 Nov 2012 18:08 CET | Brazil
Cable operator Liberty Global, owned by billionaire John Malone, denied that it has submitted a bid to France's Vivendi for ...

Vivendi receives four offers over EUR 6 bln for GVT - report

Published 29 Nov 2012 10:17 CET | Brazil
Vivendi has received four non-binding offers over EUR 6 billion for Brazilian broadband operator GVT, people familiar with the ...

Oi rejects bid for GVT

Published 19 Nov 2012 15:47 CET | Brazil
Brazilian operator Oi has issued a statement saying it does not plan to make a bid for GVT, the Brazilian operator owned by ...

Calendar   /   Industry Events

25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Apple fiscal Q1
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Elisa Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Charter Communications Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
31 Jan KPN Q4 2021
31 Jan Cirrus Logic Q3
31 Jan NXP Semiconductors Q4 2021
31 Jan NEC fiscal Q3
31 Jan Harmonic Q4
01 Feb Tele2 Q4
01 Feb A10 Networks Q4
01 Feb Vantage Towers fiscal Q3
01 Feb Vodacom fiscal Q3
01 Feb EA fiscal Q3
::: More Calendar Items