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Get the latest Telefonica Brasil, S.A. (VIV) stock news and headlines to help you in your trading and investing decisions. ERICSSON AB : News, information and stories for ERICSSON AB | NASDAQ OMX STOCKHOLM: ERIC B | NASDAQ OMX STOCKHOLM The Company also operates as a fixed telecommunications company in the state of Sao Paulo.
Claro est une société de télécommunications sud-américaine d'origine mexicaine.
"The transaction, if completed, shall add value to all shareholders and clients by means of further growth, generation of operational efficiencies and service quality enhancement," the three bidders said in statements. Telefonica SA said Tuesday that its Brazilian subsidiary Telefonica Brasil, TIM SA and Claro SA have revised their offer for Oi SA's mobile business to 16.5 billion Brazilian Reais ($3.21 billion).
(Corrects to show Telefonica Brasil and TIM's Brazil unit plan joint bid for Oi's mobile business, not whole company) The following factors could affect Italian markets on Wednesday.Telefonica Brasil SA and TIM Participações SA have expressed interest in negotiating a joint offer to buy the mobile unit of bankrupt Brazilian carrier Oi SA, the two companies said on Tuesday in securities filings.Telefonica Brasil SA plans to convert all its 1.1 billion preferred shares into common stock, adopting a single-class share structure, the company said in a filing on Monday.Telefonica Brasil SA , the country's largest wireless carrier, aims to keep capital spending at levels similar to last year, executives said on Wednesday, after investments to prepare for fifth-generation (5G) mobile technology weighed on earnings.Brazil's largest wireless carrier Telefonica Brasil SA reported a drop in fourth-quarter net income, despite higher revenues and lower costs.Shares in Brazilian telecoms Oi and Telefonica Brasil SA fell sharply in early trade on Tuesday, dragging the sector lower, after they were cited in the latest phase of the country's sweeping Car Wash corruption probe.Telefonica Brasil SA is likely to deliver stronger results in the fourth-quarter, as Brazil's economic outlook improves and one-off effects that hit the two previous quarters will no longer be felt, its chief executive said on Monday.Telefonica Brasil SA, which operates Brazil's largest wireless carrier, posted a third-quarter net profit of 965 million reais ($242 million), down 69% from the same quarter last year, the company said on Monday in a securities filing.Brazilian carriers Telefonica Brasil and TIM Participações