Telefonica


Vivendi accepts Telefonica’s €7.5bn Brazil cable offer

Vivendi has decided to enter into exclusive negotiations with Telefónica for the sale of its Brazilian subsdiary GVT following the submission of an improved €7.45 billion (US$9.8 billion) offer by the Spanish telco yesterday. Telefónica has offered €4.66 billion in cash and a 12% stake in Telefónica Brasil. Vivendi will have the option to exchange […]

Analysis: Telefonica’s TV content carrot

Spanish telecoms company and former Endemol owner Telefonica is embroiled in a fight to acquire the Brazilian telco arm of France’s Vivendi, and a mysterious TV content deal could see it land a knockout blow to rival Telecom Italia, writes Jesse Whittock. Telecoms companies are increasing understanding the value strong programming and content can have […]

Telefónica takes Mediaset stake

Mediaset has agreed to sell an 11.11% stake in its Italian pay TV unit to Telefónica. This is part of a wider agreement that will also see the Italian media giant sell its 22% in Spanish pay TV operator Canal+ to the Spanish telecom leader. Telefónica has agreed to invest €100 million (US$136 million) in […]

Mediaset set to offload Canal+ stake

Mediaset executive vice-president Piersilvio Berlusconi has given the strongest indication yet that his group will sell its 22% stake in Spain’s Canal+ to Telefónica ahead of Friday’s deadline, possibly as part of a wider strategic agreement with the Spanish telco. Speaking to journalists at a presentation of the group’s autumn schedules, Berlusconi said that, while […]

News brief: Wellness cable channel extends to Colombia

A new wellness and well-being cable channel has launched on Colombian pay TV platform Movistar. Intinetwork.tv already is already distributed on other platforms in Latin America after its parent, Alterna’TV, closed deals, and is now on the Telefonica-owned Spanish-speaking operator Movistar. Alterna’TV, which is a subsidiary of telecoms company Eutelsat Americas, launched Intinetwork.tv last October. […]

Telefónica moves for Mediaset’s Canal+ stake

Telefónica has offered €295 million (US$400 million) to acquire Mediaset’s 22% stake in Spanish pay TV operator Canal+. The move to take full control of Digital+ follows Telefónica’s announcement of its agreement for the acquisition of Spanish media group Prisa’s 56% stake in the operator, formerly known as Digital+, for €750 million at the beginning […]

Telefónica seals €750m deal for Canal+ Spain

Prisa and Telefónica have definitively agreed the sale of Prisa’s 56% stake in pay TV platform Canal+’s holding company to the Spanish telecom giant for €750 million. The agreement follows Prisa’s acceptance in principal of Telefónica’s offer to buy the majority stake in the platform on May 7. The deal will give Teleféonica, which already […]

Telefonica’s €725m Spanish pay TV takeover offer accepted

Spanish media group Prisa has accepted Telefónica’s €725 bid for its 56% stake in pay TV platform Canal+’s holding company Distribuidora de Televisión Digital (DTS). The deal gives DTS a market value of €1.3 billion (US$1.8 billion) and, if approved by regulators, will give the telecom company a controlling stake of 78%, leaving Italy’s Mediaset […]

Prisa relaunches TV offer amid $1.1bn takeover reports

Shares in Prisa have surged on reports that Telefónica is close to signing a deal to take a controlling stake in the Spanish media group’s pay TV arm for €800 million (US$1.1 billion). Separately, the telco yesterday relaunched its TV offering under the Movistar Fusión TV brand. According to Bloomberg, Telefónica could take a 56% […]

Telefónica stakes international claim with new TV and film Studio

Spanish telco Telefónica has put all of its production units into a single Studios division and said it want to become a significant international TV and film producer. It has launched Telefónica Studios, a central unit that will comprise all of its content-making activities and will make a raft of TV and feature content for […]