French conglomerate Vivendi has launched a €2bn offer for 100 per cent of Brazilian fixed line carrier GVT, giving it access to a wide range of services for the Latin American market, including VoIP telephony, corporate data, broadband, internet services and pay TV.
French conglomerate Vivendi has called off its talks with Kuwait-based Zain, over the acquisition of the operator’s African assets.
All good things must come to an end, and it looks as if Zain’s African adventure might be drawing to a close. There is little doubt that Zain is considering the sale of its operations in sub-Saharan Africa, or at least of a stake in those operations.
French conglomerate Vivendi has ended weeks of speculation with the confirmation that it is in talks to acquire a majority stake in Zain’s African operations.
Speculation that aspiring global carrier Zain is looking to sell off its African portfolio was fuelled further this week, after it emerged that Swiss bank UBS has been appointed to help the firm assess its operations.
Nigerian newspaper Business Day has named French telecoms carrier Vivendi as the firm looking to build a deal with pan-MEA mobile operator Zain, after reports emerged last week that the Kuwaiti firm was looking to offload its African operations.
French conglomerate Vivendi said Thursday its mobile phone subsidiary, SFR, is in talks to buy up a further stake in fixed line carrier Neuf Cegetel.
SFR would buy a further 29 per cent stake in the fixed line operator from trading group Louis Dreyfus for around Eur2.07bn.
The French mobile operator already owns 40.5 per cent of [...]
French conglomerate Vivendi said Tuesday that it has called off discussions with Middle Eastern company Saudi Oger regarding an investment in Oger Telecom.
Vivendi did not give a reason for the breakdown in talks and only said it will continue to pursue an acquisition strategy “with the emphasis on value creation at an acceptable price, combined [...]
French conglomerate Vivendi said Tuesday that it has filed a Racketeer Influenced and Corrupt Organizations Act (RICO) complaint in federal court in the State of Washington, alleging that T-Mobile has illegally appropriated Vivendi’s holding in a Polish operator.
The move highlights how ugly the situation in Poland is becoming as both Vivendi and T-Mobile parent, [...]
French conglomerate Vivendi said Tuesday that it has filed a criminal complaint against German carrier Deutsche Telekom (DT) and Polish utility Elektrim.
The move highlights how ugly the situation in Poland is becoming as both Vivendi and DT fight to protect their respective interests in Polish mobileco Polska Telefonia Cyfrowa (PTC).
DT and Vivendi have [...]
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