Telcos Jostle for Position - Presented by: The Aol. On Network

Another flurry of attempted deal-making in Europe's telecom sector. Spain's Telefonica is looking to increase its presence in Brazil's fast-growing market. It's presented a 6.7 billion euro cash and share offer to France's Vivendi for its Brazilian internet provider GVT. Telefonica already controls Brazil's leading mobile operator Vivo and the Latin American country is its second-biggest cash generator.



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