Technology Industry
Industry: Email Alert RSS FeedTelefonica denies media reports of Brazilian operations merger with Telecom Italia
Telecommunications Mergers & Acquisitions, June, 2007 by Anonymous
According to a company spokesman, a deal signed in April 2007 permitted Telefonica to acquire a minority stake in Telecom Italia.
The deal outlines independence of management and assets of the two companies overseas. A Spanish-Italian consortium comprising Telefonica, Assicurazioni Generali, Sintonia, Mediobanca, and Intesa Sanpaolo acquired 16.3 percent stake and 23.6 percent voting rights in Telecom Italia in late April 2007. The purchase of the stake in Telecom Italia generated speculations that Telefonica might seek to take over TIM Participacoes, Telecom Italia's Brazilian mobile unit.
CXO UnpluggedSmart Business interviews on BNET
See and hear how senior level executives across the Asia Pacific are developing smart business ideas across a variety of sectors. The focus is on the future, and on how businesses need to evolve.
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
