3Vote!
Telecompaper (Free subscription) | 11/06/2009
(Telecompaper) Telecom Italia reports revenues of EUR 6.77 billion for the third quarter of this year, down 5.6 percent year-on-year and the EBITDA decreased by 0.4 percent to EUR 2.99 billion. These results exclude the figures of TI's German subsidiary Hansenet, which is sold to Telefonica. The EBITDA margin improved by 2.4 percent to 44.2 percent and the EBIT grew 1.3 percent to EUR 1.61 billion....
3Vote!
Financial Times (Free subscription) | 11/06/2009
said on Thursday it had agreed to sell its Hansenet German broadband business to of Spain for €900m ($1.3bn), ending months of haggling over price.The sale will allow Telecom Italia to reduce its €35.5bn of net debt and is another step in the operator’s move to concentrate on its core markets of Italy and Brazil. The company said it also meant it would “make further tapping of the bond market...
5Vote!
Law Blog - WSJ.com (Free subscription) | 11/05/2009
Deutsche Telekom and Telecom Italia beat earnings expectations and confirmed forecasts, sending shares in both higher. Still, much of the improved performance came from cost cuts.
4Vote!
Market Watch (Free subscription) | 11/05/2009
LONDON (MarketWatch) -- U.S.-listed Telecom Italia shares were up nearly 5% in early trade as the company reached a deal to sell its German broadband unit Hansenet to Telefonica for 900 million euros ($1.34 billion). Its third-quarter profit dropped to 201 million euros from 626 million euros as it wrote down 540 million euros over HanseNet, with revenue falling to 6.81 billion euros from 7.34...
4Vote!
cellular-news (Free subscription) | 11/05/2009
Telecom Italia has sold its German DSL-provider, Hansenet to Telefonica for EUR 900 million (US$1.33 billion) in an all cash transaction.
5Vote!
Law Blog - WSJ.com (Free subscription) | 11/05/2009
Telefónica said it agreed to buy Telecom Italia's German broadband unit Hansenet in a move to improve its foothold in the competitive German telecommunications market.
3Vote!
Reuters UK (Free subscription) | 11/05/2009
MADRID, Nov 5 (Reuters) - Spain's Telefonica will buy broadband operator HanseNet from Telecom Italia for 900 million euros ($1.34 billion), Telefonica said on Thursday, strengthening its competitive position in Germany.
3Vote!
Telecompaper (Free subscription) | 11/05/2009
(Telecompaper) Telefonica has agreed to buy Telecom Italia's German broadband operator Hansenet for EUR 900 million. The takeover of the DSL operator will make Telefonica the number-three player on the German market in terms of revenue, with combined annual sales of almost EUR 5 billion. Pending a definitive agreement and regulatory approval, the sale is expected to close in the first quarter...
3Vote!
Reuters UK (Free subscription) | 11/02/2009
MADRID, Nov 2 (Reuters) - Spain's Telefonica will close a deal within days to buy German broadband operator HanseNet from Telecom Italia for between 900 million euros ($1.33 billion) and 1 billion euros, El Economista reported on Monday, citing sources close to the deal.
3Vote!
Telecompaper (Free subscription) | 11/02/2009
(Telecompaper) Telefonica will conclude talks with Telecom Italia to buy its German subsidiary Hansenet within days. The value of the transaction will range between EUR 900 million and EUR 1 billion, El Economista reports, citing sources close to the deal. In a press conference in Seville, Julio Linares, Telefonica CEO said negotiations with HanseNet are in the final stages. However, the companies...
5Vote!
MSNBC.com (Free subscription) | 11/02/2009
... Cuba is controlled by the state monopoly ETECSA, a joint venture between the Cuban government and Telecom Italia.Whether the state was blocking the site was unknown but Cuban authorities have in the past reportedly prohibited access to pages they consider "counter-revolutionary," including blogs critical of the socialist system."Apparently someone doesn't like people buying and selling stuff....
3Vote!
IOL (Free subscription) | 11/02/2009
... Cuba is controlled by the state monopoly ETECSA, a joint venture between the Cuban government and Telecom Italia. Whether the state was blocking the site was unknown but Cuban authorities have in the past reportedly prohibited access to pages they consider "counter-revolutionary," including blogs critical of the socialist system. "Apparently someone doesn't like people buying and selling...
