VimpelCom said it will continue to explore deals that would add value to its Italian mobile unit Wind, but confirmed that discussions so far have failed to reach a successful conclusion.
Telecom Italia plans to sell only part of its stake in Telecom Argentina and the rest once it has received regulatory approval for the full sale to Fintech, after agreeing to a request by the New York-based fund to amend the original sale agreement for the unit.
It's a frequently occurring rumour, but a new report suggests that Swisscom is in discussions on a possible deal for its Italian unit, Fastweb, with Vodafone regarded as a likely candidate to buy the broadband provider.
Oi CEO Zeinal Bava has resigned in a move that some see as the first step towards the possible breakup of the merger between the Brazilian operator and Portugal Telecom that was due to complete this quarter.
At least 19 operators worldwide have confirmed they are either trialling or deploying LTE Broadcast, and operators and broadcasters in seven European markets have now publically revealed trials to date.
Telecom Italia said it is to discuss on Friday a proposal from Fintech to extend the agreement to sell the Italian operator's controlling stake in Telecom Argentina to the investment company. Meanwhile reports emerged this week that Sol Trujillo is seeking to raise up to €7.5 billion ($9.6 billion) to bid for a stake in the Italian operator.
Telefónica agreed to acquire Vivendi's Brazilian broadband business GVT for just over €7 billion ($9 billion) in cash and stocks, following three weeks of exclusive negotiations.
Telecom Italia has valued its 67 per cent stake in TIM Brasil at around €13 billion ($16.8 billion), amid reports that Brazilian operators Oi and America Movil are closing in on the Italian company's unit.
Telecom Italia indicated that it might reconsider the planned sale of its stake in Telecom Argentina if the government there takes too long to approve the deal.
Wind is reportedly moving ahead with a deal that would see the VimpelCom-owned Italian operator sell and lease back 11,000 mobile masts in order to cut debt, after talks with Hutchison Whampoa-owned rival Three Italy hit a road bump.