Brazilian companies are approaching U.S. mobile-phone tower operators to solicit bids for more than $4 billion in wireless assets being sold in three different auction processes, according to people with knowledge of the pending transactions.
Vodafone Group Plc’s sweeping disclosure of wiretapping on its network worldwide means technology and phone companies could follow by revealing how much access governments are seeking to phone calls, data and e- mails.
GVT, the Brazilian broadband provider owned by Vivendi SA, said it would be ready to work with the government to stop competitors from breaking up the country’s second-largest wireless carrier Tim Brasil.
Telecom Italia SpA and its largest shareholder, Telefonica SA of Spain, are locked in disagreement over the future of the Italian carrier’s Brazilian business, according to people familiar with the matter.
Thirty-year Treasuries extended a fifth monthly gain, the longest rally since 2006, and European bonds climbed while U.S. stocks fell before a report that may show a contraction in the world’s largest economy.
Assicurazioni Generali SpA and Mediobanca SpA will unravel a seven-year partnership that has kept the ownership of Telecom Italia SpA European, potentially opening the door for a new investor in the phone company.
AT&T Inc.’s acquisition of DirecTV also ends its investment in America Movil SAB, while building a stronger competitor to the mobile-phone provider that gave it access to the fast-growing Latin American market for more than two decades.