Spain&#39;s Telefonica to bid for control of Brazil mobile unit: report
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Spain&#39;s Telefonica, which jointly controls top Brazilian mobile operator Vivo with Portugal Telecom, has made an offer for outright control, the Spanish telecoms giant told the Financial Times Tuesday.
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NEW YORK  - Rupert Murdoch's News Corp. Ltd. will sell its stake in Sky Latin America to DirecTVGroup , another company which it controls, for $579million in order to consolidate operations of the two satellitebroadcasters, the companies said on Monday.
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A consortium led by Mexican media   giant Televisa is considering a plan to make a $13 billion bid   for Spanish-language broadcaster Univision Communications   UVN.N after losing an auction for the company this summer,   The New York Times reported on Tuesday.
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Vodafone, the UK-based telecom company that co-owns Verizon Wireless, denies that it is involved in a bid to take over US telco Sprint.
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Norwegian telecoms company Telenor have formally taken over Serbia's biggest mobile operator Mobi 63, a month after paying 1.5 billion euros (1.9 billion dollars) for it.
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Telekom Malaysia Bhd has won the bid for a 27.3% stake in Indonesiaâs third largest mobile operator, PT Excelcomindo Pratama (Excel), for RM1.2bil cash, beating offers from regional rivals such as South Koreaâs SK Telecom.
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VIENNA: Telekom Austria, seeking faster growth in eastern Europe than it can find at home, is in exclusive talks to buy Bulgariaâs largest mobile phone operator for about e1.6bn ($2.1bn), it said on Monday.
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By AME Info, Abu Dhabi, United Arab Emirates  Mar. 5--ORASCOM MAKES BRAZIL BID: Egypt's Orascom Telecom has launched a  bid for a stake in Brazilian telco outfit Brasil Telecom Participacoes, which  is currently held by Telecom Italia, reported the Dow Jones newswires.
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Shares in Embratel Particapoes SA, Brazil's largest long-distance carrier, plunged more than 10 percent in Sao Paulo and almost 14 percent on Wall Street Tuesday after the company announced it would issue $704 million in new shares but divulged few details about the plan.
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Rio Tinto Ltd./Plc   has hired Deutsche Bank to advise it on a possible bid for Canadian aluminum producer Alcan Inc.  , the Sydney Morning Herald newspaper reported on Monday.
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TELEFÃNICA, the Spanish telecoms group, is understood to have rejected a bid of at least â¬2 billion (Â£1.4 billion) for its Endemol television production company, which is behind Big Brother.
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AT&T Inc , the biggest U.S. phone company, wants to buy an unspecified stake in the mobile arm of state-controlled phone firm Telekom Malaysia , a Malaysian newspaper reported on Wednesday.
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US mobile operators Sprint and Nextel are in talks about a $70bn merger (Â£36bn) according to newspaper reports. The deal would create the country&#39;s third-biggest mobile operator which would have 38.5 million
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Sprint - the US&#39;s third biggest mobile telco - and fifth-place rival Nextel are reportedly in talks about a possible merger. The deal would create a carrier with approximately 39m subscribers and a market value of around $70bn.
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Belgium's dominant telecom firm  Belgacom  will take full control of mobile unit  Proximus after agreeing to buy Vodafone Group Plc's  25  percent stake for 2 billion euros ($2.6 billion), it said on  Friday.
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LONDON - Spanish communications giant Telefonica has rejected Time Warner&#39;s Â£1.38bn offer for &#39;Big Brother&#39; production company Endemol, according to reports.
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LONDON/NEW YORK  - Wireless telecommunications company Vodafone Group Plc  denied a report that it was considering a $160 billion bid for Verizon Communications Inc. , a move that would consolidate ownership of their wireless joint venture.