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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Tele Norte Leste Participacoes S.A. Common Stock | NYSE:TNE | NYSE | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.99 | 0.00 | 01:00:00 |
From May 2019 to May 2024
Brazilian telecommunications regulator Anatel on Thursday recommended approval of Vivendi SA's (VIV.FR) takeover of GVT Holding, which still has to be cleared by antitrust regulators.
Anatel had previously cleared the way for the purchase of GVT, approving a takeover of the company by Vivendi or rival Telefonica SA (TEF), which at the time was making a bid for the Brazilian operator of broadband and fixed-line telephone networks.
The analysis of the purchase by Vivendi now goes to Cade, as Brazil's antitrust regulator is known. The final approval may take some time, as the acquisition of Brasil Telecom by Tele Norte Leste Participacoes (TNE), or Oi, was approved only in October, two years after Oi acquired control of its rival.
-By Paulo Winterstein, Dow Jones Newswires; 55-11-3544-7073; paulo.winterstein@dowjones.com
1 Year Tele Norte Lest Chart |
1 Month Tele Norte Lest Chart |
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