Telecom Italia seen planning to bid up to 7 billion euros for GVT: report
August 17, 2014 at 07:43 AM EDT
MILAN (Reuters) - Telecom Italia is preparing to offer up to 7 billion euros ($9.4 billion) to outbid Spain's Telefonica in the race to acquire Vivendi's Brazilian broadband unit GVT, according to a Bloomberg report on Sunday.
