Telefonica bid for Vivo derailed
Spanish and Latin American carrier Telefónica has seen its designs on Brazil trashed after the Portuguese government blocked the acquisition of Portugal Telecom’s stake in Vivo.
Telefonica cannot block Vivo dividends says PT
Portugal Telecom has denied that Telefonica is able to block dividends from the two operators’ Brazilian joint venture Vivo as analysts warn that the Portugese incumbent cannot afford to lose its presence in the high growth Brazilian market.
Telefonica ups bid for Portugal Telecom’s share of Brasilcel
Spanish incumbent and Latin American regional player Telefonica has increased its offer to buy the 50 per cent of Brazilian firm Brasilcel that is owned by its co-investor Portugal Telecom to €6.5bn.



