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Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:21 EDTTI, TEFTelecom Italia largest owner to propose Recci as chairman, Bloomberg says
Telecom Italia (TI) main owner, Telco, is set to propose Giuseppe Recchi as chairman to lead the company's turnaround effort, according to Bloomberg, citing people familiar with the matter. Telco is a Telefonica (TEF)-led holding company that owns 22.4% of the Italian phone carrier. Reference Link
News For TI;TEF From The Last 14 Days
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September 26, 2014
12:29 EDTTITelecom Italia not up for sale, but welcomes cash infusions, Reuters says
Telecom Italia is not up for sale, but the company is open to cash infusions, Reuters reports, citing a board member Tarak Ben Ammar. When questioned about reports U.S. businessman Sol Trujullo is seeking to bid for a stake in Telecom Italia, Ammar said, "We don't know him and he never contacted us." Reference Link
08:01 EDTTITelecom Italia says will consider proposal for extension received from Fintech
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September 25, 2014
06:39 EDTTIEx-Telstra CEO aiming for $9.6B offer for Telecom Italia share, Bloomberg says
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September 23, 2014
11:42 EDTTEFTelefonica mulls range of tie-up options with Grupo Televisa, Reuters says
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September 19, 2014
06:17 EDTTI, TEFTelefonica acquires Brazil's GVT from Vivendi
Spanish telecom company Telefonica (TEF) agreed to buy Brazilian telecom unit Global Village Telecom, or GVT, from Vivendi (VIVHY) for EUR4.66B in cash as well as a payment in shares representing 12.0% of the share capital of Telefonica Brasil, after its integration with GVT. As part of the agreement, Vivendi has accepted Telefonica’s offer to acquire 1.1B ordinary shares held by Telefonica in Telecom Italia (TI), currently representing 8.3% of Telecom Italia’s voting share capital (corresponding to 5.7% of its total share capital), in exchange of 4.5% of Vivendi’s capital in the company resulting from the integration between Telefonica Brasil and GVT.
September 18, 2014
06:05 EDTTEFAmazon partners with Bango, Telefonica Deutschland on carrier billing services
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September 17, 2014
09:22 EDTTI, TEFTelecom Italia not holding talks with Oi, Tim Participacoes says,Reuters reports
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09:01 EDTTITim Participacoes says no talks between Oi, Telecom Italia, Bloomberg reports
Bloomberg cites a regulatory filing from Tim Participacoes (TSU).
September 16, 2014
11:18 EDTTI, TEFTelecom Italia says mulling buyout of Oi S.A., Bloomberg says
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11:07 EDTTITelecom Italia considering buyout of Oi S.A, Bloomberg reports
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