Antitrust regulators approved French media and telecoms company Vivendi’s acquisition of GVT Holding, the holding company of fixed-line operator Global Village Telecom (GVT).
This approval by the Conselho Administrativo de Defesa Economica (CADE) comes a…
Antitrust regulators approved French media and telecoms company Vivendi’s acquisition of GVT Holding, the holding company of fixed-line operator Global Village Telecom (GVT).
This approval by the Conselho Administrativo de Defesa Economica (CADE) comes a month after a similar decision by the telecoms regulator, finally closing the long-running deal.
Vivendi first acquired a 37.6% stake in GVT in November 2009. It then built up its stake, taking control of over 99% of the company by April 2010.
Spanish systems integrator Amper and US ICT provider eLandia have agreed to integrate their Brazilian operations in a share exchange involving their respective units, Medidata and Desca. ELandia acquired 79.7% of Medidata, while Amper acquired 85% (80% on a fully diluted basis) of eLandia through the issue of additional stock.
Oi is set to begin testing LTE in June, and has invited four vendors – Alcatel-Lucent, Huawei, Nokia Siemens Networks (NSN) and ZTE – to participate, according to media reports.
