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Telefonica

Telefonica and Portugal Telecom exit Morocco

Spain’s Telefonica and Portugal Telecom have completed their exit of Morocco by selling their combined 64.36 percent interest in Meditel – the country’s second-largest mobile operator – to a consortium of minority shareholders.

Telefonica O2 Slovakia gets new CEO

Telefonica Europe today announced that Juraj Sedivy is leaving his post as CEO of Telefonica O2 Slovakia, notes Cellular News.

Foreign players eye stake in Nigeria’s Nitel

Several leading international operators are among the 13 potential investors that have expressed interest in acquiring Nitel, the struggling state-controlled Nigerian operator.

Telefonica and China Unicom tighten alliance

Operator giants Telefonica and China Unicom yesterday announced plans to buy US$1 billion worth of stock in each other to deepen a strategic alliance.

Telefonica launches business app store

Spain’s Telefonica has introduced its platform for business applications, dubbed ‘Aplicateca,’ reports Telecompaper.

Telefonica edges closer to HanseNet deal

Spanish telecoms group Telefonica aims to bring talks with Telecom Italia to buy its German broadband division HanseNet to a close within the next few weeks, Bloomberg reports, citing Telefonica’s chairman Cesar Alierta.

Telefonica raises dividend

The Wall Street Journal reports that Telefonica today pledged to increase shareholder returns with higher dividends, but lowered its forecast to 2012 amid falling revenue in mature European markets.

Italy looks at Telefonica’s “problem” stake in TI

The Italian government has raised concerns over Telefonica’s 42.3 percent stake in Telco, the holding company that controls Telecom Italia, the Italian incumbent operator.

Telefonica joins battle for GVT

Telefónica yesterday launched a battle for control of GVT, the Brazilian telecommunications group, trumping by 14 percent an earlier tender offer by Vivendi of France, notes the Financial Times.

Telefnica to fight for Telecom Italia stake

Telefónica is preparing to face down political opposition and keep its status as the largest shareholder in Telecom Italia, Italy’s leading telecoms company, reports the Financial Times.