By Leila Abboud, Pamela Barbaglia and Stephen Jewkes PARIS/LONDON/MILAN (Reuters) – Telecom Italia has lost a promising path to earnings growth by failing to secure Brazilian broadband business GVT and may now turn from hunter to hunted in a fast-consolidating telecoms industry. Winning the auction for French media company Vivendis GVT was vital for both […]

(Reuters) – Spains Telefonica SA is in talks to sell its stake in Telecom Italia in a move that could ease regulatory pressure in Brazils wireless market, Brazilian newspaper Folha de S.Paulo reported on Friday. Telefonica is negotiating a deal with investment funds to sell its stake in Telecom Italia, the paper reported, without saying […]

Telefonica is working on a joint offer to take over TIM Participacoes and break up the local wireless unit of Telecom Italia also known as TIM Brasil, an Italian daily said on Friday citing reliable sources. Brazils antitrust watchdog last month told the Spanish telecoms group to either sell its interest in TIM Brasil or […]