However, Telefonica S.A. (ADR) (NYSE:TEF) faces a challenge of a potential rival deal. A bidding contest for GVT would not only make the acquisition process expensive, but one can even lose out totally.
Shares of telecom companies came in under pressure on Tuesday Spanish telecom operator Telefonica S.A. (ADR) (NYSE:TEF) said the company and Telefonica Brasil SA (ADR) (NYSE:VIV) have submitted an offer to French conglomerate Vivendi SA ...
Telefonica S.A. (ADR) (NYSE:TEF) showing negative movement during previous trade, it traded with the volume of 775,318 shares in the last trading session, as compared to average volume of 1.14 million shares.
Telefonica S.A. (ADR) (NYSE:TEF) reported that Telef�nica (NYSE: TEF) and Brocade (NASDAQ: BRCD) have partnered to establish new benchmarks for the deployment and performance of Network Functions Virtualization (NFV) solutions.